Hyperliquid opens up permissionless deployment of HIP-4, with transaction volume increasing nearly threefold
According to the Hyperliquid Research Collective report, after Hyperliquid opened its HIP-4 permissionless deployment on August 29th, the daily trading volume increased from $545000 to $2.75 million, and the number of active traders increased to 1841. Outcome accounts for nearly 85% of HIP-4's trading volume, with its $1 million incentive plan driving liquidity. The Hyperliquid unified account system supports predicting markets and hedging perpetual contracts. HIP-4 achieved a trading volume of $189.5 million during the World Cup. The main limitation currently faced by HIP-4 is regulatory access, as the US market involves CFTC and SEC regulatory frameworks, and the sports prediction market may trigger gambling reviews.