Hyperliquid sets a 500,000 HYPE pledge threshold for unlicensed forecast market deployers

Disclaimer: Content does not constitute investment advice. Trading involves risks—please invest with caution!

Hyperliquid sets a 500,000 HYPE pledge threshold for unlicensed forecast market deployers

2026-07-21 00:10:39

Bookmark

Hyperliquid plans to launch a permissionless forecasting market, requiring developers to pledge 500,000 HYPE tokens.

Hyperliquid plans to introduce the permissionless forecasting market through the HIP-4 proposal. Developers need to pledge 500,000 HYPE tokens (approximately US$30.4 million) to launch the relevant market. The proposal sets funding thresholds and forfeiture mechanisms to prevent market practices that are vaguely defined or improperly settled.

Test network first, main network will be upgraded later.

The official announcement stated that the unlicensed deployment function will be launched first on the test network and will be extended to the main network after future network upgrades. Verifiers will vote on a standard results template for deployers to use when creating markets. Each deployer initially limits 100 results, and relevant quotas will be released for reuse after market settlement.

Deployers 'Responsibilities and Pledge Forfeiture Rules

Deployers must define and settle the market by themselves based on the settlement standards specified in each template. The pledged tokens will be locked for six months. If there is unclear definition, settlement error or improper settlement in the market for more than one week, the verifier can vote to decide whether to confiscate the pledged tokens.

Importance of unlicensed deployments highlights

Hyperliquid stated that unlicensed deployments are particularly critical because the scope of potential event markets is much larger than asset classes suitable for spot or perpetual contract trading. Before the release of testnet, relevant rules may still be adjusted.

Disclaimer:

All content published on this website, including hyperlinks, related applications, forums, blogs, and other media accounts, originates from third-party platforms and their users. CoinMarketInsight makes no representations or warranties of any kind regarding the website or its content. All blockchain-related data and materials are provided for informational and research purposes only and do not constitute financial, legal, or investment advice. Users and third parties are solely responsible for the content they publish. CoinMarketInsight shall not be liable for any losses arising from the use of this website. You should exercise caution and conduct your own independent research, review, analysis, and verification before making any decisions.

Read Full Article