Hyperliquid’s HIP-4 Brings Binary Options to Hyperliquid’s Unified Trading Portfolio

TLDR: HIP-4 is the first onchain contract to combine spot, perps, and binaries in one unified portfolio. Binary options on Hyperliquid allow vault managers to hedge event-driven risk with a fixed payout.  HIP-4 is projected to add roughly $25M annually to Hyperliquid’s $636M trading revenue run rate. HIP-4 markets at launch include daily BTC binaries [...]

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