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Hyperliquid Challenges Polymarket: Zero-Fee Prediction Market
Description
Hyperliquid is shaking up the prediction market scene, introducing a zero-fee structure for betting on real-world events and launching HIP-four, a major upgrade enabling event bets, crypto perpetuals, and spots in one account. This move aims to attract users from platforms like Polymarket, as prediction market volumes surge by over three hundred percent. Hyperliquids incentives, including lower taker fees and higher maker rebates, are driving platform volume, with HIP-threes permissionless perps now accounting for thirty-five percent of all trades. With outcome tokens on testnet, Hyperliquid is building momentum in this rapidly growing sector.
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