Hyperliquid: HIP-4 launches test network, plans to launch BTC and HYPE one day maturity binary prediction market Hyperliquid announced that HIP-4 has been officially launched on the testnet. The first batch of outcome based markets launched are periodic binary options based on HyperCore mark prices. Users can view the relevant markets in the "Predict" section of the test website interface. The outcome contracts are fully collateralized contracts that settle within a fixed price range, with non-linear returns and expiration time characteristics, and do not involve leverage or liquidation mechanisms. Hyperliquid also stated that it plans to launch a one-day dual market for BTC and HYPE in the future. The protocol will be designed to support multi outcome markets, but this feature has not yet been included in the first release plan. Hyperliquid previously disclosed that in the next network upgrade, the investment portfolio margin will transition from pre alpha to alpha phase, and the applicable objects will be expanded from test accounts to investment portfolios below approximately $500000. Only when the weighted trading volume of the main account exceeds $5 million can the investment portfolio margin be opened and supply and lending limits will be set for each asset: 1. The overall supply limit of USDH is 500 million pieces, and the overall borrowing limit is 100 million pieces; 2. The maximum supply of USDH for a single user is 5 million, and the maximum borrowing limit for a single user is 1 million.