Crypto Scenario Insights

Hyperliquid's HIP-4 Goes Permissionless on Testnet — Can it Capture Midterm Volume for HYPE?

What happened

Hyperliquid has launched permissionless HIP-4 deployments on testnet, aiming to decentralize its outcome markets.

What we think

The launch of HIP-4 permissionless deployments on testnet is a positive technical step for Hyperliquid, aiming to scale its outcome markets.

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Hyperliquid's HIP-4 Goes Permissionless on Testnet — Can it Capture Midterm Volume for HYPE?

We explain what happened and what could follow. We do not forecast prices.

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