Hyperliquid Re-poster

In response to significant requests from our community, HyperCore is moving forward with the support of outcome trading as outlined in HIP-4. These fully collateralized contracts, which settle within a determined fixed range, serve as a versatile primitive. They are particularly well-suited for powering applications such as prediction markets and instruments resembling bounded options. We anticipate that builders will also devise innovative uses for this technology beyond these immediate areas of high demand.

The introduction of the outcome primitive significantly enhances the expressive range of HyperCore. It offers a unique approach to derivative trading that eliminates the need for leverage and removes the risk of liquidations, while simultaneously introducing dated contracts and non-linearity. Furthermore, this feature is designed to work in concert with other system primitives, including the HyperEVM and portfolio margin.

Development of these outcomes is currently in progress, and functionality is limited strictly to the testnet for the time being. Once we finalize the technical aspects, we will deploy canonical markets anchored by objective settlement sources, all of which will be denominated in USDH. We also intend to expand the infrastructure to allow for permissionless deployment in the future, subject to the feedback we receive from users.

A recent boom in commodities trading has propelled HIP-3 open interest to a record-breaking $790M. This continues a pattern where HIP-3 OI sets new all-time highs on a weekly basis. For context, this figure stood at $260M just a month ago.

楽しい休日をお祈りします！

Hyperliquidがすべての金融活動をオンチェーンで統合しようとする中、私たちのコミュニティからの揺るぎないサポートに心から感謝します。