Hyperliquid’s HYPE token could be its prediction market weapon, Arthur Hayes says

Hyperliquid’s HYPE token could be its prediction market weapon, Arthur Hayes says

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailHyperliquid’s HYPE token could be its prediction market weapon, Arthur Hayes saysHIP-4 could become a dominant prediction-market venue because Hyperliquid users can get economic exposure to platform usage through HYPE, unlike users of Polymarket or Kalshi.By Sam Reynolds|Edited by Omkar Godbole Apr 30, 2026, 4:54 a.m. 2 min readMake preferred on What to know: Arthur Hayes argues Hyperliquid’s planned HIP-4 prediction markets will stand out not just for low fees but because its HYPE token lets users share directly in the platform’s upside.Polymarket is expected to launch its own token, informally called POLY, with premarket trading implying a roughly $14 billion fully diluted valuation versus about $38 billion for HYPE.Regulatory posture

Source: https://www.coindesk.com/markets/2026/04/30/hyperliquid-s-hype-token-could-be-its-prediction-market-weapon-arthur-hayes-says