Hyperliquid launched its first canonical prediction markets on Monday, May 25, 2026, with a contract tied to the U.S. May CPI year-over-year figure. The move puts the L1 chain in direct competition with Polymarket and marks the first live deployment of its HIP-4 standard. On day one, the markets saw $12,800 in open interest and $10,300 in trading volume over 12 hours.
CPI contract goes live
The first prediction market went live at 20:00 UTC. It settles in Circle's USDC and relies on validators running automated newsfeed software for market publication and settlement voting — a design meant to remove manual bottlenecks that have plagued other prediction platforms. Hyperliquid’s second contract will target the June federal funds rate decision.
Polymarket rival emerges
When Hyperliquid first floated the prediction market concept in February 2026, HYPE surged 20% on the announcement. Now that the product is live, the chain is stepping into territory dominated by Polymarket. Delphi Digital noted in a December research report: 'What’s different now is that the stack is finally mature enough for true crypto superapps to exist without being limited to the wallet form factor.'
HYPE at all-time high
Hyperliquid’s native token is trading at an all-time high. Some traders expect it to continue toward $100, though the prediction markets themselves are still small — $12,800 in open interest after day one is a fraction of what Polymarket handles daily. Still, the infrastructure is in place, and more contracts are coming.
LiquidChain presale nears $1M
Separately, LiquidChain, a Layer 3 infrastructure project building a Cross-Chain Liquidity Layer, is seeing strong presale demand. Its token, $LIQUID, is priced at $0.01463, with $807,965.95 raised so far — approaching the $1M mark. The project’s Unified Liquidity Layer enables single-step execution across Bitcoin, Ethereum, and Solana, and its Deploy-Once Architecture lets developers write one contract to access the full stack.
Hyperliquid’s next prediction contract will target the June federal funds rate decision, with an exact date to be announced. LiquidChain’s presale continues until its soft cap is reached.
