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Hyperliquid requires 500,000 HYPE stake for permissionless prediction markets

Developers must lock the HYPE stake for six months, with the token amount subject to potential slashing if markets are poorly defined or incorrectly settled.

Reported · Written up by our desk · Market Structure

Hyperliquid plans to roll out permissionless prediction markets by requiring developers to stake 500,000 HYPE tokens, valued at about $30.4 million, under its HIP-4 framework, according to Cointelegraph.

The company said permissionless deployment will first be available on testnet ahead of a mainnet launch in a future network upgrade. It also said validators will vote on standard outcome templates that deployers can use, and that each deployer will initially be limited to 100 outcomes.

Under the plan, the 500,000 HYPE allocation will be released for reuse once a market is settled. Deployer stakes will remain locked for six months and may be slashed through a validator vote if markets are poorly defined, incorrectly settled, or left incorrectly unsettled for more than a week.

Hyperliquid said it views permissionless deployment as important because event-based markets could be broader than the set of assets suitable for spot or perpetual futures trading, and that the specifications may change before the testnet release.

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