# Hyperliquid Proposes Event Perpetuals for Enhanced Prediction Markets ▴ News

**Published:** 2025-09-17
**Categories:** News

---

Hyperliquid Improvement Proposal 4 (HIP-4) introduces Event Perpetuals, representing a significant evolution in decentralized prediction market architecture. The current HIP-3 framework, relying on continuous oracle updates and constrained by a 1% per tick price change, presents operational inefficiencies. This structural limitation renders binary event resolution impractical and creates identifiable arbitrage vectors. Event Perpetuals address these systemic challenges by eliminating continuous oracle feeds and associated funding payments.

This new protocol determines prices solely through trading activity, fostering a more organic price discovery mechanism. The contracts settle with binary payoffs, reflecting market-implied probabilities between 0 and 1, resolving instantly upon event conclusion. This mechanism significantly enhances the system’s responsiveness and precision, offering a superior operational environment for event-based derivatives. The implementation of 1x isolated margin further aligns risk exposure with potential loss, reinforcing capital efficiency within the market structure. This strategic enhancement aims to cultivate deeper liquidity and attract sophisticated institutional participation by mitigating current infrastructural friction points.

The introduction of Event Perpetuals on Hyperliquid fundamentally re-architects prediction market mechanics, enabling precise, rapid binary event settlement and enhancing market integrity.

- **Proposal Identifier** ▴ Hyperliquid Improvement Proposal 4 (HIP-4)

- **Primary Architect** ▴ John Wang, Head of Crypto at Kalshi

- **Key Mechanism** ▴ Event Perpetuals with binary payoffs

Signal Acquired from ▴ <a href="https://cryptoslate.com/kalshi-exec-submits-hyperliquid-improvement-proposal-to-solve-prediction-market-deployment-challenges/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" target="_blank" rel="nofollow">CryptoSlate</a> 

**Tags:** [HIP-4](https://options.greeks.live/area/hip-4/), [Market Microstructure](https://options.greeks.live/area/market-microstructure/), [Event Perpetuals](https://options.greeks.live/area/event-perpetuals/), [Hyperliquid](https://options.greeks.live/area/hyperliquid/), [Binary Options](https://options.greeks.live/area/binary-options/), [Capital Efficiency](https://options.greeks.live/area/capital-efficiency/)	

## Discover More

- 
### [What Are the Core Technological Components for High-Fidelity Crypto Options RFQ Execution?](https://options.greeks.live/question/what-are-the-core-technological-components-for-high-fidelity-crypto-options-rfq-execution/)
![A sleek pen hovers over a luminous circular structure with teal internal components, symbolizing precise RFQ initiation. This represents high-fidelity execution for institutional digital asset derivatives, optimizing market microstructure and achieving atomic settlement within a Prime RFQ liquidity pool.](https://options.greeks.live/wp-content/uploads/2025/07/optimizing-digital-asset-derivatives-rfq-through-prime-os-precision.jpg)

High-fidelity crypto options RFQ execution leverages low-latency data, advanced pricing models, and robust integration for optimal trade outcomes.

- 
### [The Strategic Imperative of Large Crypto Order Execution](https://options.greeks.live/guide/the-strategic-imperative-of-large-crypto-order-execution/)
![A sharp, dark, precision-engineered element, indicative of a targeted RFQ protocol for institutional digital asset derivatives, traverses a secure liquidity aggregation conduit. This interaction occurs within a robust market microstructure platform, symbolizing high-fidelity execution and atomic settlement under a Principal's operational framework for best execution.](https://options.greeks.live/wp-content/uploads/2025/07/principal-grade-digital-asset-derivatives-rfq-protocol-execution-engine.jpg)

Master large crypto orders with professional execution; dictate your market terms.

- 
### [What Are the Systemic Risks Associated with Inefficient Quote Validation Processes?](https://options.greeks.live/question/what-are-the-systemic-risks-associated-with-inefficient-quote-validation-processes/)
![Two distinct ovular components, beige and teal, slightly separated, reveal intricate internal gears. This visualizes an Institutional Digital Asset Derivatives engine, emphasizing automated RFQ execution, complex market microstructure, and high-fidelity execution within a Principal's Prime RFQ for optimal price discovery and block trade capital efficiency.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-automated-rfq-execution-microstructure-revealing-principal-prime-os-intelligence-layer-for-high-fidelity-execution-and-capital-efficiency.jpg)

Inefficient quote validation compromises market integrity, introducing unquantifiable execution risk and eroding capital efficiency.

- 
### [Generate Consistent Crypto Income by Mastering Price Ranges](https://options.greeks.live/guide/generate-consistent-crypto-income-by-mastering-price-ranges/)
![A sleek, metallic, X-shaped object with a central circular core floats above mountains at dusk. It signifies an institutional-grade Prime RFQ for digital asset derivatives, enabling high-fidelity execution via RFQ protocols, optimizing price discovery and capital efficiency across dark pools for best execution.](https://options.greeks.live/wp-content/uploads/2025/07/advanced-principal-rfq-protocol-architecture-for-institutional-digital-asset-derivatives-optimal-price-discovery-and-execution.jpg)

Unlock consistent crypto income by mastering price ranges: engineer your edge with advanced options and precision RFQ execution.

- 
### [What Are the Measurable Impacts of Effective Quote Fading on a Market Maker’s Profitability?](https://options.greeks.live/question/what-are-the-measurable-impacts-of-effective-quote-fading-on-a-market-makers-profitability/)
![A sleek, angled object, featuring a dark blue sphere, cream disc, and multi-part base, embodies a Principal's operational framework. This represents an institutional-grade RFQ protocol for digital asset derivatives, facilitating high-fidelity execution and price discovery within market microstructure, optimizing capital efficiency.](https://options.greeks.live/wp-content/uploads/2025/08/prime-os-rfq-for-institutional-digital-asset-derivatives-execution.jpg)

Effective quote fading significantly enhances market maker profitability by mitigating adverse selection and optimizing inventory risk management.

- 
### [How Do Pre-Trade Controls Impact Market Maker Competition in Crypto Options RFQ?](https://options.greeks.live/question/how-do-pre-trade-controls-impact-market-maker-competition-in-crypto-options-rfq/)
![Intersecting teal cylinders and flat bars, centered by a metallic sphere, abstractly depict an institutional RFQ protocol. This engine ensures high-fidelity execution for digital asset derivatives, optimizing market microstructure, atomic settlement, and price discovery across aggregated liquidity pools for Principal Market Makers.](https://options.greeks.live/wp-content/uploads/2025/07/optimized-rfq-protocol-for-institutional-digital-asset-derivatives.jpg)

Sophisticated pre-trade controls redefine crypto options RFQ competition by shifting focus from speed to refined risk calibration and capital efficiency.

- 
### [Coinbase Expands Financial Services amid Intense Crypto Competition](https://options.greeks.live/news/coinbase-expands-financial-services-amid-intense-crypto-competition/)
![A scratched blue sphere, representing market microstructure and liquidity pool for digital asset derivatives, encases a smooth teal sphere, symbolizing a private quotation via RFQ protocol. An institutional-grade structure suggests a Prime RFQ facilitating high-fidelity execution and managing counterparty risk.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-rfq-protocols-optimizing-digital-asset-derivative-execution-microstructure.jpg)

This strategic expansion by a leading exchange signifies a critical evolution in digital asset market infrastructure, enhancing institutional liquidity and access.

- 
### [How Does Real-Time Volatility Input Affect Dynamic Quote Validation Thresholds?](https://options.greeks.live/question/how-does-real-time-volatility-input-affect-dynamic-quote-validation-thresholds/)
![Sleek metallic panels expose a circuit board, its glowing blue-green traces symbolizing dynamic market microstructure and intelligence layer data flow. A silver stylus embodies a Principal's precise interaction with a Crypto Derivatives OS, enabling high-fidelity execution via RFQ protocols for institutional digital asset derivatives.](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-rfq-protocol-microstructure-os.jpg)

Real-time volatility inputs calibrate dynamic quote validation thresholds, ensuring adaptive risk control and optimal liquidity provision.

- 
### [How Do Regulatory Mandates Influence the Design of Data Governance for Block Trade Reporting?](https://options.greeks.live/question/how-do-regulatory-mandates-influence-the-design-of-data-governance-for-block-trade-reporting/)
![A sophisticated digital asset derivatives RFQ engine's core components are depicted, showcasing precise market microstructure for optimal price discovery. Its central hub facilitates algorithmic trading, ensuring high-fidelity execution across multi-leg spreads. This system supports institutional prime brokerage operations, minimizing counterparty risk.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-engine-optimizing-multi-leg-spreads-for-optimal-capital-efficiency.jpg)

Regulatory mandates sculpt block trade data governance, compelling precision in operational systems for market integrity and capital efficiency.

---

## Raw Schema Data

```json
{
    "@context": "https://schema.org",
    "@type": "BreadcrumbList",
    "itemListElement": [
        {
            "@type": "ListItem",
            "position": 1,
            "name": "Home",
            "item": "https://options.greeks.live"
        },
        {
            "@type": "ListItem",
            "position": 2,
            "name": "News",
            "item": "https://options.greeks.live/news/"
        },
        {
            "@type": "ListItem",
            "position": 3,
            "name": "Hyperliquid Proposes Event Perpetuals for Enhanced Prediction Markets",
            "item": "https://options.greeks.live/news/hyperliquid-proposes-event-perpetuals-for-enhanced-prediction-markets/"
        }
    ]
}
```

```json
{
    "@context": "https://schema.org",
    "@type": "Organization",
    "@id": "https://greeks.live/#organization",
    "name": "Greeks.Live",
    "url": "https://greeks.live/",
    "description": "Greeks.live is the definitive toolkit for the professional options trader, dedicated to empowering our users with institutional-grade data, advanced analytics, and a comprehensive suite of trading tools designed to provide a decisive edge in the market. Every article and guide published under the Greeks.live name is a product of our deep commitment to data-driven analysis and our mission to support the global trading community.",
    "email": "support@greeks.live",
    "logo": {
        "@type": "ImageObject",
        "url": "https://options.greeks.live/wp-content/uploads/2025/07/Greeks.Live-Logo-Icon.svg"
    },
    "hasPart": [
        {
            "@type": "WebSite",
            "name": "About Us",
            "url": "https://about.greeks.live"
        },
        {
            "@type": "WebSite",
            "name": "App Download Page",
            "url": "https://about.greeks.live/#/download/basic_trade"
        },
        {
            "@type": "WebSite",
            "name": "Newcomers' Guide",
            "url": "https://twisty-sign-c8b.notion.site/Guide-for-Greeks-live-X-Deribit-Newbies-5a08a3052822427d800af6eaf3704c8d"
        },
        {
            "@type": "WebSite",
            "name": "Knowledge Base",
            "url": "https://linktr.ee/greeks.live"
        },
        {
            "@type": "WebSite",
            "name": "Option Terminology",
            "url": "https://greekslive.notion.site/88dfc00e7c584d4d8969b6302a79a12f?pvs=4"
        },
        {
            "@type": "WebSite",
            "name": "Terms of Service",
            "url": "https://greeks.live/#/tos"
        },
        {
            "@type": "WebSite",
            "name": "Disclaimer",
            "url": "https://greeks.live/#/disclaimer"
        }
    ],
    "sameAs": [
        "https://x.com/greekslive",
        "https://youtube.com/@greeks_live?si=-KjT0Lkw4WUCI0tD",
        "https://t.me/greekslive_notifications",
        "https://t.me/greekslive",
        "https://pinterest.com/greekslive/"
    ],
    "makesOffer": [
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "RFQ Platform",
                "url": "https://rfq.greeks.live",
                "description": "Execute institutional-grade block trades for crypto options and futures. This platform provides deep, over-the-counter (OTC) liquidity via a professional Request for Quote system.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Lending Tools",
                "url": "https://lend.greeks.live",
                "description": "Manage crypto lending and borrowing activities to earn yield or secure loans. This suite of tools helps users analyze interest rates and manage collateralized debt positions.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Data Lab",
                "url": "https://greeks.live/#/deribit/tools/datalab/BTC",
                "description": "Analyze historical and real-time options data with advanced metrics. This tool is designed for backtesting strategies and identifying market trends through comprehensive data visualization.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Profit & Loss Analysis (PnL)",
                "url": "https://greeks.live/#/deribit/tools/pnl_analysis",
                "description": "Track and analyze the Profit and Loss (PnL) of your options portfolio. This tool provides detailed performance metrics to help traders evaluate and refine their strategies.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Position Visualization",
                "url": "https://greeks.live/#/deribit/tools/pv/BTC",
                "description": "Visualize complex options positions and their corresponding risk profiles. This tool generates payoff diagrams to help traders intuitively understand potential profit, loss, and exposure.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Options Calculator",
                "url": "https://greeks.live/#/deribit/tools/calculator",
                "description": "Calculate the theoretical price and risk parameters ('the Greeks') of crypto options. An essential tool for pricing new trades and analyzing the sensitivity of existing positions.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Greeks.live Main Platform",
                "url": "https://greeks.live/",
                "description": "The central hub for the Greeks.live suite of professional cryptocurrency options and derivatives trading tools. Access analytics, manage positions, and explore the ecosystem.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Community Forum",
                "url": "https://t.greeks.live",
                "description": "Join the official Greeks.live community. Connect with other traders, share insights, and receive the latest updates directly from the team.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Greeks.live for Deribit",
                "url": "http://deribit.greeks.live",
                "description": "A dedicated interface for trading on the Deribit exchange. This platform leverages Greeks.live's advanced analytics and tools specifically for users of Deribit's options and futures markets.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Greeks.live for OKX",
                "url": "http://okx.greeks.live",
                "description": "A dedicated interface for trading on the OKX exchange. This platform integrates Greeks.live's powerful analytics with the OKX marketplace, focusing on its options and derivatives products.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "GLVS.AI Trading Platform",
                "url": "https://www.glvs.ai/",
                "description": "An AI-powered platform for automated crypto options trading. Leverage advanced algorithms and data-driven signals to develop and deploy sophisticated, hands-free trading strategies.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "API Testnet & Sandbox",
                "url": "https://test.greeks.live",
                "description": "A dedicated testnet environment for developers to test their API integrations and automated trading strategies. This sandbox allows for full functionality testing without risking real funds.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        }
    ],
    "subOrganization": [
        {
            "@type": "Organization",
            "name": "GreeksLive HK Co., Limited",
            "email": "support@greeks.live",
            "telephone": "+852-56418949",
            "address": {
                "@type": "PostalAddress",
                "streetAddress": "Unit 11, 27/F, K. Wah Centre, 191 Java Road",
                "addressLocality": "Hong Kong",
                "addressRegion": "North Point",
                "addressCountry": "CN",
                "postalCode": "0000"
            },
            "geo": {
                "@type": "GeoCoordinates",
                "latitude": "22.2932357",
                "longitude": "114.2022026"
            },
            "image": "https://options.greeks.live/wp-content/uploads/2025/08/Wah-Centre-Hong-Kong.jpg"
        }
    ]
}
```

```json
{
    "@context": "https://schema.org",
    "@type": "Article",
    "mainEntityOfPage": {
        "@type": "WebPage",
        "@id": "https://options.greeks.live/news/hyperliquid-proposes-event-perpetuals-for-enhanced-prediction-markets/"
    },
    "headline": "Hyperliquid Proposes Event Perpetuals for Enhanced Prediction Markets \u25b4 News",
    "description": "This architectural upgrade to Hyperliquid's prediction market infrastructure introduces Event Perpetuals, establishing a robust framework for efficient binary event resolution. \u25b4 News",
    "url": "https://options.greeks.live/news/hyperliquid-proposes-event-perpetuals-for-enhanced-prediction-markets/",
    "datePublished": "2025-09-17T05:30:46+00:00",
    "dateModified": "2025-09-17T05:30:52+00:00",
    "articleSection": [
        "News"
    ],
    "author": {
        "@id": "https://greeks.live/#organization"
    },
    "publisher": {
        "@id": "https://greeks.live/#organization"
    },
    "image": {
        "@type": "ImageObject",
        "url": "https://options.greeks.live/wp-content/uploads/2025/07/institutional-grade-digital-asset-derivatives-rfq-engine-core-precision-component.jpg",
        "caption": "This abstract close-up showcases a critical precision component, likely part of an advanced institutional trading system. Its clean, cylindrical form with a deep, focused aperture embodies the dedicated RFQ engine at the heart of a Prime RFQ, facilitating efficient price discovery for institutional digital asset derivatives. The design signifies robust infrastructure for low-latency algorithmic execution, optimizing multi-leg spread strategies and ensuring best execution through private quotation mechanisms, crucial for managing portfolio margin and mitigating counterparty risk in volatile markets."
    },
    "keywords": [
        "Binary Options",
        "Capital Efficiency",
        "DeFi Infrastructure",
        "Event Perpetuals",
        "HIP-4",
        "Hyperliquid",
        "Market Microstructure",
        "Oracle Feeds",
        "Prediction Markets",
        "Risk Parameters"
    ]
}
```

```json
{
    "@context": "https://schema.org",
    "@type": "WebSite",
    "url": "https://options.greeks.live/",
    "potentialAction": {
        "@type": "SearchAction",
        "target": "https://options.greeks.live/?s=search_term_string",
        "query-input": "required name=search_term_string"
    }
}
```


---

**Original URL:** https://options.greeks.live/news/hyperliquid-proposes-event-perpetuals-for-enhanced-prediction-markets/
