Hyperliquid says its HIP-4 upgrade will enable permissionless deployment of outcome-focused prediction markets. Under the plan, prospective market deployers must stake 500,000 HYPE tokens to participate in deploying these markets. Both outlets report that the required stake is intended to be a threshold for permissionless operation.

The Block adds that HIP-4 deployers aligned with Hyperliquid can earn a share of trading fees, with deployers able to take up to 50% of fees on validator-aligned markets. Cointelegraph similarly focuses on the staking requirement, describing it as a condition for deployers to launch permissionless prediction markets under HIP-4.

Together, the reports indicate that HIP-4 shifts Hyperliquid’s outcome market infrastructure toward permissionless market deployment while tying participation to a significant economic stake and, for validator-aligned deployments, a defined fee-sharing structure. The outlets do not provide additional implementation details beyond the staking amount and the fee share terms.