At this stage, Hyperliquid HIP-4 is still just a semi-finished product. The number of active markets for HIP-4 has dropped to single digits, and daily trading volume has been halved twice, now down to only $400K-$500K. Previously, Validator deployed Outcomes markets completely free of charge, and with the World Cup hype ending, there's even less motivation to launch new markets. With the introduction of HIP-3-like models in event contract markets, we’re looking forward to seeing mature Deployers launch a large number of markets on HIP-4. Although overall trading volume in prediction markets is declining, the trend of CEX platforms launching event contracts for ultra-short-term price predictions is already unstoppable. It’s likely that this will expand from short-term Crypto price predictions to commodities, stocks, and other TradFi assets in the future. Data from @wublockchain12 https://data.wublockchain.xyz/dashboard/hyperliquid