Hyperliquid Launches Outcome Contracts, Targets $24 Billion Prediction Market Sector
Hyperliquid has launched its first outcome contracts targeting prediction markets dominated by Kalshi and Polymarket. The exchange reported three times the volume of equivalent Bitcoin markets on competing platforms in early results. This move positions Hyperliquid as a direct competitor in an emerging sector gaining attention from Wall Street, including coverage expansion by Bernstein.
Topics: crypto exchanges decentralized finance derivatives trading market competition