Hyperliquid Launches Off-Chain Prediction Markets
Summary
- Hyperliquid (HYPE) said it has launched a prediction market feature based on off-chain events.
- The company said the markets are created using automated newsfeed software operated by validators.
- Hyperliquid said validators vote on market deployment and settlement based on the clarity of market rules, the accuracy of outcomes and overall market quality.
Forecast Trend Report by Period
Hyperliquid (HYPE) has launched a prediction market feature tied to off-chain events.
Wu Blockchain reported on May 25 that Hyperliquid has added support for Canonical Outcome Markets.
The markets are created using automated newsfeed software operated by validators. As part of running nodes, validators determine whether to open and settle markets based on specific off-chain events.
Hyperliquid said validators vote on market deployment and settlement based on the clarity of market rules, the accuracy of outcomes and overall market quality.
shlee@bloomingbit.ioHello, I'm a reporter at bloomingbit
