HYPE News & Prediction Market Coverage
Track the latest HYPE news across prediction markets. Prediction News is following 4 active HYPE stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Hyperliquid opens HIP-4 to permissionless prediction market deployment
LegalCFTC approves first U.S. bitcoin perpetual futures for Kalshi and Coinbase
TradingKalshi HYPE perpetuals push Hyperliquid past XRP in futures open interest
TradingPolymarket tops Hyperliquid in daily fees as HYPE price odds collapse
Frequently Asked Questions
What is the HYPE token?
HYPE is the native token of the Hyperliquid blockchain, used for staking, governance, gas fees, and other network functions with a maximum supply of 1 billion.
Does Kalshi offer HYPE perpetual futures?
Yes, Kalshi launched CFTC-regulated perpetual futures on HYPE following regulatory clearance, contributing to a rapid rise in open interest.
How has HYPE performed on prediction markets?
Polymarket has seen active trading on HYPE price contracts, with odds on specific targets like $52 in May dropping sharply to 19% amid market repricing.
What is Hyperliquid's connection to HYPE?
Hyperliquid is the blockchain and trading platform whose native token is HYPE; it also runs its own HIP-4 event contracts that have generated significant volume.
Why did HYPE open interest surge?
The launch of regulated perpetuals on Kalshi pushed HYPE open interest to $2.48 billion and allowed Hyperliquid to overtake XRP in that metric.