Hyperliquid Announces the Launch of Off-Chain Event Prediction Market Contracts

According to Mars Finance, on May 26th, Hyperliquid officially announced that it now supports canonical outcome markets based on off-chain events. These markets are published by automated news feed software run by validators and are part of their daily on-chain operations. Validators will vote on the launch and settlement of canonical markets based on multiple factors, including the clarity of the rules, the correctness of the results, and the subjective quality of the market. According to Hyperliquid's official page, its first off-chain event prediction market contract, "US May CPI Year-on-Year Increase," launched at 20:00 on May 25th, had an open interest of $12,800 and a cumulative trading volume of $10,300 in nearly 12 hours.