Hyperliquid sets 500,000 HYPE stake for permissionless prediction market deployers – CurrencyCrypt

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Hyperliquid sets 500,000 HYPE stake for permissionless prediction market deployers

Hyperliquid plans to require developers to stake 500,000 HYPE, worth about $30.4 million, to deploy permissionless prediction markets under HIP-4.

Hyperliquid plans to introduce permissionless prediction markets by requiring developers to stake 500,000 HYPE tokens (about $30.4 million) to launch them under HIP-4.

The proposal introduces a capital threshold and slashing mechanism intended to discourage poorly defined or improperly settled markets 

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In an announcement, Hyperliquid said permissionless deployment will become available on testnet before expanding to mainnet in a future network upgrade. Validators will vote on standard outcome templates that deployers can use to create markets, while each deployer will initially be limited to 100 outcomes. The allocation will be released for reuse when a market is settled. 

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