Big Shift For Crypto Prediction Markets: Hyperliquid Removes External Oracle ...
Hyperliquid’s new HIP-4 update—unveiled Monday—marks a major shift in how crypto prediction markets could operate, and it arrives as the platform looks to intensify competition in a fast-growing sector where Polymarket and Kalshi currently lead. Prediction Markets Get A New Playbook The change was announced via Telegram, where Hyperliquid said it now supports “canonical outcome […]
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The newly launched Hyperliquid Policy Center (HPC) has entered the US prediction market debate with a fresh submission to the Commodity Futures Trading Commission (CFTC). The Washington, D.C.-based non-profit, led by Jake Chervinsky, said it responded to the CFTC’s request for public input following an Advance Notice of Proposed Rulemaking on Prediction Markets (the “ANPRM”). […]
The decentralized derivatives landscape isn’t just shifting; it’s mutating. Hyperliquid, currently the heavyweight champion of on-chain perps, has signaled a direct expansion into prediction markets. The market’s reaction was immediate and violent: the HYPE token surged 20% following the revelation, proving there is an immense appetite for infrastructure that bridges traditional trading with event wagering. […]
Warren Buffett is often called the ‘Oracle of Omaha’ because of his legendary ability to pick the right investments. Making sound decisions is thus important: it is based on good decisions that we can expect good outcomes. Collectively the markets can play the role of an oracle as well. What if we could devise a system which would use the collective wisdom of the markets to help form better policy or devise effective governance models that could actually deliver. Can we come up with a system that would allow poor countries to make better decisions for their upliftment or help people....
Hyperliquid (HYPE), one of the fastest-growing decentralized exchanges in crypto, is moving into prediction markets with a proposal aimed at competing with Polymarket and Kalshi. Bloomberg reported Wednesday that Hyperliquid is testing a new system upgrade called HIP-4, designed to let traders bet on real-world outcomes on a platform that has gained attention for how quickly and aggressively it has expanded. Hyperliquid Tests HIP-4 Prediction Markets HIP-4 is currently in public testing, and its focus would be prediction-style contracts rather than Hyperliquid’s traditional core product:....
YieldWars used Associated Press data to settle their prediction market, but some question the validity of using their call as an oracle Following the Associated Press’ call earlier today that President-elect Joe Biden had won victory over incumbent Donald Trump in the U.S. presidential race, the 174 year-old organization -- which has been covering elections since 1848 -- subsequently published their call on the Ethereum and EOS blockchains, triggering at least one prediction market outcome. However, some have expressed skepticism about the validity of using such a call as an oracle,....