- Hyperliquid validators now publish, approve, and settle real-world prediction markets directly through node operations.
- HIP-4 expanded beyond price contracts, allowing fully collateralized event-based markets tied to offchain outcomes.
- Hyperliquid replaced external oracle reliance by integrating validator voting, newsfeeds, and settlement onchain.
Hyperliquid introduced canonical prediction markets tied to offchain events. The update allows validators to publish, approve, and settle outcome-based markets directly through regular node operations. According to Hyperliquid, validators will evaluate markets using factors including rule clarity, correctness, and overall market quality.
Validators Now Control Market Settlement
The latest update pushes Hyperliquid deeper into prediction markets linked to real-world events. Instead of relying entirely on external oracle providers, validators now participate directly in market publication and settlement.
According to Hyperliquid, validators run automated newsfeed software as part of normal chain operations. That software publishes canonical outcome markets directly onto the network.
Meanwhile, validators vote on whether those markets should launch and how they should settle after expiration. Hyperliquid said the process focuses on clear rules, accurate outcomes, and market quality standards.
The system creates a closed-loop structure where validators secure the chain while also resolving event outcomes. As a result, the network keeps settlement activity inside its native trading environment.
HIP-4 Expands Beyond Price Markets
Hyperliquid originally launched HIP-4 on mainnet on May 2. The framework introduced fully collateralized binary contracts tied to real-world outcomes.
Those contracts settle at either 0 or 1 depending on whether an event occurs before expiry. Traders therefore gain exposure to event outcomes without using leverage or facing forced liquidations.
However, the newest update broadens HIP-4 beyond onchain price-based contracts. Hyperliquid now supports markets connected to external events requiring offchain information.
According to the company, validators can now collectively determine canonical outcomes through onchain governance votes. That process replaces parts of the settlement flow previously handled through outside oracle systems.
Prediction Markets Move Fully Onchain
The update shifts more prediction market infrastructure directly onto Hyperliquid’s network. Market deployment, settlement, and validator coordination now operate within the same ecosystem.
Notably, the framework keeps collateralization and settlement mechanics fully integrated into Hyperliquid’s trading structure. Validators also remain responsible for maintaining operational consistency during market resolution.
According to Hyperliquid, the expanded model combines automated newsfeeds, validator participation, and expiry-based contracts into one system. The company framed the rollout as part of broader efforts to support event-based trading directly onchain.


