Hyperliquid Rolls Out Macro Prediction Markets as HYPE Price Hits New ATH
Highlights
- Hyperliquid has launched CPI and Fed rate cut prediction markets.
- The Perp DEX has also added a soccer prediction market.
- This comes amid the HYPE price's rally to a new all-time high today.
Perp DEX Hyperliquid has launched macro prediction markets, with the first markets focused on the May CPI and June Fed rate decision. This comes amid the HYPE price’s rally to a new all-time high (ATH), with the token seeing demand from the ETFs.
Hyperliquid Launches CPI and Fed Rate Prediction Markets
The team announced that the crypto leverage trading platform now supports markets based on off-chain events, starting with markets for year-over-year May CPI and whether there will be a change to the Fed funds rate at the June FOMC meeting. They further revealed that the HIP-4 markets now use USDC as the quote asset.
Hyperliquid data shows that the CPI prediction market currently has a trading volume of $8,000 and open interest of $48,000. Meanwhile, the June Fed rate change market has a way lesser trading volume of just $600 and an open interest of $13,200. It is worth noting that validators also agreed today to add a soccer prediction market for the Champions League final.
These latest prediction markets follow the launch of the HIP-4 markets on the mainnet earlier this month. The first market, which relates to the daily Bitcoin price action, has now seen trading volume of $578,000 and open interest of $180,000.
The launch of the HIP-4 markets follows the HIP-3 upgrade, which enables crypto traders to trade commodities and stocks. Notably, the HIP-3 market has become the go-to trading platform since the U.S.-Iran war began, with open interest continuing to reach new highs.
HYPE Price Hits New All-Time High
The Hyperliquid price has hit a new all-time high of nearly $65 today amid the launch of these prediction markets. The DEX token has remained in price discovery since the launch of the HYPE ETFs, with significant demand from these institutional investors.
As CoinGape reported, crypto ETF issuer Grayscale has been accumulating HYPE, likely in preparation for the launch of its ETF. Meanwhile, Bitwise, which has already launched its HYPE ETF, bought 162,367 HYPE, worth just over $10 million, today.
The BHYP ETF issuer now holds $40 million in Hyperliquid tokens in its assets under management, just over a week after launch. Bitwise CEO Hunter Horsley revealed that their ETF has already traded $12 million in less than two hours since the market opened today. “Investors want exposure to Hyperliquid,” he declared.
~$12,000,000 of volume traded on $BHYP in the first 90 minutes so far today.
Now $40,000,000 AUM, just over a week since launch.
Investors want exposure to Hyperliquid.
Grateful to those that choose to invest with Bitwise. https://t.co/It68WumlTd
— Hunter Horsley (@HHorsley) May 26, 2026
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