Hyperliquid sets 500,000 HYPE stake for permissionless prediction market deployers
Hyperliquid plans to launch permissionless prediction markets under HIP-4, requiring developers to stake 500,000 HYPE tokens, about $30.4 million, to create markets. The proposal adds a high capital threshold and a slashing system to reduce badly defined or improperly settled markets. Permissionless deployment will first arrive on testnet, then later on mainnet in a future network upgrade. Validators will approve standard outcome templates that deployers can use, and each deployer will initially be limited to 100 outcomes, with slots reusable after settlement. Deployers must define and settle markets based on template rules. Their stake will stay locked for six months and can be slashed by validator vote if a market is poorly defined, incorrectly settled, or left unsettled for more than a week. Hyperliquid says permissionless markets matter because event-based markets are broader than spot or perpetual futures markets.
