Hyperliquid plans to enable permissionless deployment of prediction markets via HIP-4, with up to 50% fee share supported in the future

Hyperliquid announced that HIP-4 (Outcome Markets) plans to support permissionless deployment in subsequent network upgrades, with the first phase launching on the testnet followed by expansion to the mainnet. According to the preliminary proposal, deployers are required to stake 500,000 HYPE. If the market definition is unclear, settlement is not performed correctly according to the template, or settlement is not completed within one week after the outcome is generated, validators can vote to slash the stake. Deployers can initially create 100 outcomes, with quotas to be expanded through an auction mechanism thereafter.