Cryptocurrency26 May 2026SEO 801 min read

Analysis: Hyperliquid takes a swing at Polymarket with macro outcome bets

The decentralized exchange’s new HIP-4 product lets traders bet on offchain events like inflation and interest-rate decisions, using validators rather than UMA…

The decentralized exchange’s new HIP-4 product lets traders bet on offchain events like inflation and interest-rate decisions, using validators rather than UMA-style external dispute resolution. Hyperliquid has expanded its HIP-4 outcome market to let users trade prediction-style contracts on offchain events like U.S. inflation data and Federal Reserve decisions alongside crypto derivatives. Unlike rival Polymarket, which relies on UMA’s external oracle, Hyperliquid resolves these markets throu…

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