While it's true that HIP-4 did more volume than Polymarket on that one market
It's important to remember that HIP-4 has litteraly one (1) market at the moment.
When you look at total daily volume you get a very different picture.
Hip-4 : $1M
Polymarket : $170M
It's nice to have competition in the prediction markets space but at the current time HIP-4 is very far from being a feature complete Polymarket/Kalshi competitor.
What they have is closer to the type of binary options most CEXs offer.
I'm waiting for them to roll out a flexible oracle system that could be use to interpret the kind of complex rules prediction markets support before deciding if I'm bullish on it
Hyperliquid News@HyperliquidNews
In less than 6 hours, Hyperliquid surpassed @Polymarket trading volume on its sole HIP-4 pair, which is $BTC Up or Down on a daily basis. Polymarket calculates volume in $ using shares, where 1 share traded = $1 in volume. Therefore, 79,500 shares were traded on Polymarket compared to 89,253 on Hyperliquid.
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