Hyperliquid launches HIP-4 on testnet, introduces BTC and HYPE one-day binary prediction market

On March 11, Hyperliquid officially launched HIP-4 on its testnet, introducing periodic binary options that rely on the HyperCore mark price.

The market’s outcome contracts are fully collateralized, operate within fixed price ranges, and include non-linear payouts. A one-day binary market for BTC and HYPE is on the roadmap.

Future updates will expand to multi-outcome markets and transition portfolio margin from the pre-alpha to alpha stage, accessible to accounts with trading volumes above 5 million USD.