Hyperliquid HIP-4 launches on the testnet, with plans to introduce a one-day expiration binary prediction market for BTC and HYPE.

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Gate News, March 11 — Hyperliquid announced that HIP-4 has officially launched on the testnet. The initial result-based markets are cyclic binary options based on HyperCore’s price tags, and users can view these markets in the “Predict” section of the testnet interface. Result contracts are fully collateralized, settled within a fixed price range, and feature nonlinear payoffs and expiration times, without involving leverage or liquidation mechanisms. Hyperliquid stated that future plans include launching one-day expiry binary markets for BTC and HYPE. The protocol is designed to support multi-outcome markets, but this feature is not included in the initial release. Additionally, Hyperliquid revealed that in the next network upgrade, the investment portfolio margin will transition from pre-alpha to alpha stage, expanding the applicable accounts from test accounts to portfolios under approximately $50,000. Main accounts with a trading volume exceeding $5 million can enable portfolio margin and set supply and lending limits for each asset: USDH has a total supply cap of 500 million tokens and a total lending cap of 100 million tokens; individual users have a USDH supply cap of 5 million tokens and a lending cap of 1 million tokens.

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