Hyperliquid HIP-4 event contracts saw 6.05 million contracts traded on their first day of trading, representing approximately 0.7% of the prediction market share.

According to Huoxun Finance, the decentralized exchange Hyperliquid has officially launched HIP-4 event contracts. On its first trading day, the product's nominal trading volume reached 6.05 million contracts, accounting for approximately 0.7% of the total prediction market volume that day. In comparison, mainstream prediction market platforms still significantly outperformed in terms of trading volume on that day: Kalshi approximately 546 million contracts, Polymarket approximately 190 million contracts, Limitless approximately 68.26 million contracts, Crypto.com approximately 28.2 million contracts, Opinion approximately 25.72 million contracts, and Predict.fun approximately 11.8 million contracts. Data shows that although Hyperliquid's initial entry into the event contract market was relatively small, it has achieved a cold start in trading volume, marking its official entry into the prediction market competition landscape. In the short term, leading platforms still hold an absolute liquidity advantage, and subsequent growth will depend on product design and user migration capabilities.