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/reading-a-market.md. Full documentation index: https://hypertake.net/llms.txt
Prediction markets · Discover
Reading a market
Every part of a Hypertake market page: question, strike, live chart, Polymarket dots, prices, rules and your position
A market's page answers four questions: what is being asked, where the deciding price is now, what buying costs and pays, and exactly how it settles. On desktop the market is on the left and ordering on the right; on the phone it's one column with Yes and No buttons fixed at the bottom.
The title and the question
At the top: Markets to go back, the asset and when the market ends ("Ends in 2h 14m", turning to the warning colour in the last hour), then the title, such as "BTC above $81,000 at 08:00?". An outcome inside a question shows its own name as the title, such as "Draw", with the question under it. Times are in your own time zone.
The strike and the live chart
A price market's chart always shows the underlying's price, not the outcome's: whether BTC is above or below the strike is what decides it. Markets with no price to follow (sports, events) chart the chance instead.
- Headline
- "BTC $81,240 · $240 above the strike". The live price closest to the market's settlement source: the perp's mark price for a mark-settled market, the perp's order book for one settled on trades or candles. A live reading, not the settlement figure.
- Strike line
- Labelled Strike $X (or Target $X on a touch market). When you hold the market it reads Your Yes · Strike $X in your side's colour, with the winning area tinted.
- Oracle
- Hyperliquid's oracle price for the perp, beside the headline. Click it to plot it on the chart; the choice is remembered in this browser.
- Volume
- What the market has traded since it opened, to the dollar, updating with each trade.
- Ranges
- Desktop: Live (the last minute), 1H, 1D, 1W, 1M, 1Y for prices; Live (5 minutes), 1H, 1D, 1W for chances. Scroll or pinch to zoom from 30 seconds to two years. Phone: Live (5 minutes), 1H, 6H, 1D, 1W, 1M, All.
Polymarket's 5m and 15m dots
On BTC, ETH, SOL and XRP markets, the chart shows Polymarket's two shortest "Up or Down" markets on the same coin as dots ahead of now: one where the current 5-minute window ends and one for the 15-minute window, each at Polymarket's price to beat and tagged with the likelier direction, such as "5m ↑62%". What Polymarket thinks under the chart lists them. Polymarket's rule is Up if the coin's average over the window's last minute (Chainlink) is at or above its price at the start. It's read-only context; nothing is traded there.
The close
In the last 15 minutes the chart draws the close as an orange line (the phone, as an orange dot ahead). At the deadline the page changes: the ticket closes and the order panel shows Settling, with "Heading for Yes" (or No) from the last price and the underlying now against the strike. When the result arrives, the page becomes the market's report. See How markets settle.
The Yes and No prices
- Buy Yes and Buy No each show that side's best ask: what one share costs now.
- Both read "—" when there are no real sellers (the two best asks add up to more than $1.50). On the phone a side reads "—" when its ask is 99.95¢ or more, or its spread is over 30¢.
- While nobody sells, a faded estimate can stand in. You can't buy at it; see Price is the chance.
If you buy, and the order book
If you buy works out what $10, $20, $50 and $100 (or any Custom amount) would buy on each side right now, walked through the real offers: the shares, the average price and what they'd pay. Cells read No sellers, Under a share, or "$X on offer" when the book can't fill the amount. The phone shows $10, $50 and $100 for both sides at once. These figures are before fees (buys carry no Hypertake fee).
The Order book lists six price levels each way on desktop (three on the phone, ten with All levels), and flashes as orders change and trades happen.
How it settles
- The rule in one sentence: "Yes if BTC is above $81,000 at 08:00 today. Otherwise No."
- What each side pays: $1.00 a share for the right side; "A share on the wrong side pays $0. Payouts go to your balance automatically."
- The timeline: Trading opened → Closes (your local time and zone, with a countdown) → Settles and pays, with the market's TWAP window.
- Facts: Volume, Last 24 hours and Shares outstanding.
- Source: the market's own settlement source, such as "The 90-second TWAP of the Pyth BTC/USD price".
- Rules: the full text from the market's template.
Your position
When you hold the market, Your position sits right under the chart: your side, "420 shares · bought at 55¢ → 61¢ now", Value now, Profit / loss, You paid and If Yes wins, with Sell Yes and the take-profit card. Your trades lists your orders in this market, with a "You won" or "You lost" banner once nothing is held. See Your positions.
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