Hyperliquid HIP-4 volume triples after open rollout

Hyperliquid opened its HIP-4 outcome-market infrastructure to outside venues on Aug. 29, and daily trading volume nearly tripled within three days, according to research published Sept. 3. Summary Hyperliquid opened HIP-4 deployment August 29, and reported daily outcome volume tripled within three days. Two outside venues each posted 500,000 HYPE bonds to deploy markets using approved templates independently. Outcome captured 85% of reported volume while offering traders a $1 million active rebate program. Hyperliquid validators publish settlement prices every three seconds, according to the research collective’s analysis publicly. U.S. availability would require regulatory authorization, while sports contracts could face additional federal scrutiny requirements. Daily volume increased from an August average of approximately $545,000 to $1.97 million on Aug. 31, the Hyperliquid Research Collective reported. The trailing daily figure subsequently reached approximately $2.75 million. Two outside venues, Outcome and Skew, posted 500,000 HYPE bonds and began deploying markets through seven templates approved by Hyperliquid validators. However, the early volume was heavily concentrated ...