Odaily Odaily reports that Hyperliquid announced in an X post that it will introduce "outcome contracts" trading in HIP-4. Outcome contracts are fully collateralized contracts that settle within a pre-defined range. It's a general-purpose primitive applicable to scenarios such as prediction markets and range-bound options-like instruments. These two types of applications already have significant user demand, and developers are likely to devise many more novel use cases based on this primitive.
The resulting contract introduces a non-linear payoff structure, expiring contracts, and an alternative form of derivatives trading that does not involve leverage or liquidation mechanisms. This primitive expands the expressive power of HyperCore and can be combined with other primitives, such as combined margin mechanisms and HyperEVM.
The resulting contract is currently under development and is only being tested on the testnet. Once the technology is fully developed, standardized (canonical) markets based on objective settlement sources will be deployed, denominated in USDH. After collecting user feedback, the infrastructure will be further expanded to a permissionless deployment model.
