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Hyperliquid HIP-4 Event Contract launched on the first day with a trading volume of 6.05 million tokens, accounting for approximately 0.7% of the prediction market share
BlockBeats news, May 4, the decentralized trading platform Hyperliquid has officially launched the HIP-4 event contracts. On its first trading day, the product’s nominal trading volume reached 6.05 million contracts, accounting for about 0.7% of the total prediction market volume for that day.
In comparison, mainstream prediction market platforms still clearly lead in trading scale for the day: Kalshi with about 546 million contracts, Polymarket with about 190 million, Limitless with about 68.26 million, Crypto.com with about 28.2 million, Opinion with about 25.72 million, and Predict.fun with about 11.8 million.
Data shows that although Hyperliquid’s initial scale in the event contracts track is relatively small, it has already achieved cold-start trading volume, marking its formal entry into the competitive landscape of prediction markets. In the short term, top platforms still hold an absolute liquidity advantage; subsequent growth will depend on product design and the ability to migrate users.