Hyperliquid gets first HIP-4 outcome DEX with OUT

Hyperliquid has received its first reported builder-deployed HIP-4 outcome exchange after OUT completed deployment through the network’s permissionless market framework. Summary OUT has become the first reported outcome DEX deployed through Hyperliquid’s HIP-4 framework. Deployers can create YES/NO markets using templates approved by Hyperliquid validators. HIP-4 contracts are fully collateralized and operate without leverage, funding payments or liquidations. Hyperliquid’s current developer documentation lists permissionless deployer actions as available on the testnet. Hyperliquid’s block explorer shows that a successful on-chain transaction registered the Outcome DEX under the name OUT through the HIP-4 deployment framework. The transaction confirms OUT’s deployment but does not show whether its markets have opened for live trading. No separate announcement or verifiable website detailing its markets, liquidity, or trading activity was available at the time of writing. Hyperliquid’s HIP-4 framework lets builders create markets According to Hyperliquid’s developer documentation, HIP-4 lets approved deployers create outcome markets without seeking validator approval for every indi...