Hyperliquid to enter prediction market with zero-fee model

Hyperliquid has announced its entry into the prediction market, a sector currently dominated by Polymarket, by introducing a zero-fee model. According to CoinDesk, Hyperliquid has unveiled an unconventional fee structure for trading on the outcomes of real-world events. Users will not be charged any fees when placing a bet. Once the HIP-4 upgrade is implemented, users will be able to trade Bitcoin futures and simultaneously bet on events such as the U.S. presidential election or sports games, all from a single wallet.