First Outcome DEX 'OUT' Based on Hyperliquid HIP-4 Deployed

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On-chain data shows that the first Outcome DEX, 'OUT', built on Hyperliquid HIP-4, has been deployed. Hyperliquid’s HIP-4 enables deployers to create YES/NO or multi-outcome markets using templates verified by approved validators. On-chain analysis reveals increasing activity in this new market structure, with developers and traders closely monitoring the performance of these markets.

Huoshan Finance reports that the permissionless deployment of Hyperliquid HIP-4 has been implemented, with the first Outcome DEX based on HIP-4, “OUT,” now live. According to Hyperliquid’s developer documentation, HIP-4 enables deployers to create permissionless YES/NO or multi-outcome markets using templates approved by validator votes.

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