Hypertake is an independent web interface for Hyperliquid's HIP-4 prediction markets (outcomes) and perpetual futures. You connect your own wallet; every order is placed, matched and settled on Hyperliquid, and your money stays in your own Hyperliquid account. Hypertake is not affiliated with or endorsed by Hyperliquid. Markdown of this page: https://hypertake.net/docs/outcomes/market-types.md. Full documentation index: https://hypertake.net/llms.txt
Prediction markets · Concepts
Market types
The kinds of HIP-4 outcome market: price above, touch, strike ladders, multi-outcome questions, games and IPOs
Every HIP-4 market is a two-sided outcome, but they ask different kinds of question. Price markets ask where a Hyperliquid perp's price will be; event markets ask about sports, central-bank decisions, awards and company listings. Several outcomes can be grouped into a question, where exactly one wins.
| Type | Example title | Yes wins if… | Sides |
|---|---|---|---|
| Price above | BTC above $81,000 at 08:00? | The price, by the market's source, is above the strike at the time | Yes / No |
| Touch | BTC touches $92,500 by Nov 1 | The price reaches the target at any moment before the deadline | Yes / No |
| Strike ladder | Several "ETH above…" markets at one time | Each strike is its own above market | Yes / No each |
| Price buckets | BTC at 06:00: below / between / above | The price lands in that bucket; exactly one bucket wins | Yes / No each |
| Question | Premier League winner, a Fed rate decision | That outcome is the one named by the official source; exactly one wins | Yes / No each, plus "Other" |
| Game | Ravens v Browns, a total, a spread | That team wins, the total goes over, the spread is covered | Team names, Over / Under, Yes / No |
| IPO | A company's IPO confirmed by a date; first-day market cap above $X B | The listing is confirmed, or the first-day value clears the threshold | Yes / No |
Price above
The most common market. It names a perp (BTC, ETH, HYPE, gold, an index), a strike and a time: Yes if the price is above the strike then, No otherwise. The price is not a single tick: each market names a short average of a specific source, such as "the 90-second TWAP of the Pyth BTC/USD price". See How markets settle.
Touch
A touch market asks whether the price reaches a target at any point before a deadline, not where it ends up. Live touch markets measure the perp's mark price over a 3-second average, and the template allows the market to settle "as soon as a touch occurs", so a touch market can end before its deadline. The chart labels the level Target instead of Strike.
Strike ladders
Deployers often list several above markets on the same perp and time at different strikes: ETH above $2,662, $2,738 and so on, all at 08:00. Each strike is a separate market with its own book. Together they sketch where traders expect the price to land: the strike whose Yes is near 50¢ is roughly the market's median. The phone lists every strike as its own card.
Price buckets
Hyperliquid runs a recurring daily BTC question with three buckets: below a lower price, between the two, and above the upper one (contract specs). Exactly one bucket settles to $1. The desktop lists these as "Below $X", "$X – $Y" and "Above $Y"; the phone's feed leaves them out, but a position you hold in one always shows.
Questions: several outcomes, one winner
A question groups outcomes where exactly one will settle Yes and all others No: who wins a league, which candidate wins an award, whether a central bank cuts, holds or hikes. Every outcome in a question is its own Yes/No market with its own book, and Hyperliquid adds an automatic Other outcome that wins if none of the named ones does (deployer docs).
ExampleA Fed decision as a question
- The question: the Federal Reserve's October 2026 decision on the upper bound of the federal funds rate, with federalreserve.gov as the official source.
- Its outcomes: No change, Rate cut and Rate hike (plus Other). Each trades as its own market.
- Lena thinks the Fed will hold. She buys Yes on No change at 70¢; she could instead buy No on Rate cut.
- If the Fed holds, No change pays $1 a Yes share, and every other outcome's Yes pays $0.
Games and other events
- Match winners use the team names as the two sides (for example Ravens / Browns), with the result taken from the official source the market names, such as ESPN.
- Football (soccer) results are questions with three outcomes: team A, Draw and team B, counted over regulation time plus stoppage time.
- Totals use Over / Under on a line ("total 42.5"); spreads add a handicap to one team.
- Tournaments and awards are questions with one outcome per contender, such as a league winner or the Ballon d'Or.
- IPO markets ask whether a company's listing is confirmed by a date, or whether its first-day market cap clears a ladder of thresholds in billions.
What's live right now
On 16 October 2026 Hyperliquid listed 365 outcomes in 32 questions. The largest groups were price-above markets (110), sports outcomes (over 170 across match winners, results, tournaments, totals and spreads), touch markets (13), IPO markets (13) and a handful of award and Fed-decision outcomes. Eight were Hyperliquid's own recurring markets; three deployers (venues out, txyz and skew) created the rest.
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