TechFlow News, July 20, Hyperliquid announced that HIP-4 (Outcome Markets) plans to support permissionless deployment in subsequent network upgrades, with the first phase initially launching on the testnet, followed by expansion to the mainnet. According to the preliminary proposal, deployers need to stake 500,000 HYPE tokens; if the market definition is unclear, settlement is not executed correctly according to the template, or settlement is not completed within one week after the outcome is generated, validators can vote to slash the stake. Deployers can initially create 100 outcomes, and quotas will be expanded through an auction mechanism subsequently.
Hyperliquid stated that validators will decide available outcome market templates through voting, template rules will be stored and executed on-chain, and deployers can create markets based on templates and are responsible for definition and settlement. In the future, HIP-4 deployers can set a fee share of up to 50% for deployed markets, and related features will be launched in subsequent versions. The team also emphasized that currently this design remains a preliminary proposal, and adjustments will be made subsequently based on community feedback.
