Outcomes — prediction markets
Prediction markets let you take a position on the outcome of a real-world or on-chain event — “Will BTC close above $X today?”, “Will the Fed cut rates?” — and settle in USDC on Hyperliquid.
Browse them all at Outcomes in the navigation.
How prediction markets work
A binary market has two sides — UP / YES and DOWN / NO. Each share pays out 1 USDC if its side wins, and 0 if it loses. Because of that, the price of a YES share (between 0 and 1) reads directly as the market’s implied probability: a YES trading at 0.62 means the market prices the event at ~62%.
- Buy the side you believe is underpriced. If you’re right, your shares redeem at 1 USDC each at settlement.
- You can exit early by selling your shares back at the current price, before the market resolves.
These are HIP-4 markets — native Hyperliquid prediction markets with a real order book, so they support market, limit, stop-loss, and take-profit orders just like spot. Read How markets work for the details.
Browsing markets
The Outcomes list supports:
- Categories — crypto, macro, sport, and other.
- A featured market plus trending markets in the sidebar.
- Search — find any market with ⌘K / Ctrl+K.
- Archive — resolved one-off events (elections, finals, macro prints) are kept in the archive with their settled results.
- Families — recurring markets (e.g. a daily BTC question) have a family page with their full settlement history.
Browsing markets, prices, and history is fully public — no wallet required. You only connect to take a position. Outcome markets are quoted and settled in USDC, the same collateral you use for spot and perps.
Fees
Prediction markets follow the same fee structure as spot — the Hyperliquid protocol fee plus Hypersight’s 0.025% builder fee. See Fees.