trade[XYZ] Launches Event-Based Markets on Hyperliquid via HIP-4
Trade[XYZ] has launched event-based markets on Hyperliquid using the HIP-4 technical standard. This development integrates Up/Down contracts for equities, commodities, and pre-IPO companies, as well as sports markets.
The settlement of initial financial contracts resolves directly against the prices of perpetual futures from trade[XYZ]'s HIP-3 module.
Users can deposit spot BTC and borrow USDC through portfolio margin to open pre-IPO positions or event forecasts in a single account.