Hyperliquid expands HIP-4 to real-world event markets.

• Hyperliquid integrates validators into real-world event marketplaces.
• HIP-4 expands on-chain contracts with decentralized settlement.
• Token HYPE maintains weekly high above 36%.

Hyperliquid announced an expansion of HIP-4 to allow This allows validators to publish and settle markets linked to real-world events directly on the blockchain. The change eliminates the exclusive reliance on external oracle providers and adds a new layer of validator participation in determining contract outcomes.

With the update, automated software operated by validators can create markets within the normal operations of the network. After publication, the validators themselves participate in the voting process to approve the implementation and define the settlement of contracts based on criteria such as clarity of rules, consistency, and quality of the market created.

HIP-4 was launched on the Hyperliquid mainnet on May 2nd. At the time, the proposal introduced fully collateralized binary contracts, designed to operate based on real-world events. These contracts settle at 0 or 1, depending on the occurrence of the predefined event.

The structure was created to allow exposure to specific results without the use of leverage or the risk of automatic liquidations. All trading continues to be executed within the Hyperliquid on-chain environment, keeping the operational logic integrated into the network itself.

The main change in the update is focused on the contract settlement layer. Instead of using only external oracles for events outside the blockchain, Hyperliquid now includes validators directly in the resolution process through votes recorded on the blockchain.

According to the platform, the model creates a closed system in which the same validators responsible for network security also help define the official market results. The proposal expands the scope of HIP-4 beyond contracts based exclusively on on-chain prices, allowing the creation of markets linked to external events and various indicators.

This move also brings Hyperliquid closer to the decentralized predictive markets segment, an area that has gained traction in recent months within the cryptocurrency sector. The integration between validator governance and event contracts could increase the interest of traders seeking products linked to specific outcomes without relying on centralized platforms.

While the update was being implemented, the HYPE token was experiencing a daily drop of nearly 1%, trading near US$62. Even so, the asset had accumulated a gain of over 36% in the last seven days and more than 50% in the last 30 days.