HIP-4 Upgrade: Hyperliquid Opens Door to Permissionless Prediction Markets
Jul 20, 2026
< 1 min read
by Wayne Jones
for CryptoPotato

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AI Overview
On July 20 Hyperliquid announced HIP-4, a crypto protocol upgrade to enable permissionless deployment of prediction markets that will launch on testnet before mainnet. The update introduces validator-approved templates and a staking system to ensure clear market definitions and proper settlement, which should boost DeFi adoption and protocol resilience.
Bullish
Hyperliquid announced on July 20 that its upcoming HIP-4 network upgrade will allow permissionless deployment of prediction markets.
The feature, which will launch on testnet before hitting the mainnet, will expand who can create outcome markets while introducing validator-approved templates and a staking system meant to keep those markets clearly defined and properly settled.
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