Question 1

What is Liquidiction?

Accepted Answer

Liquidiction is a non-custodial frontend for tracking and trading HIP-4 prediction markets on the Hyperliquid blockchain. It provides real-time odds, leaderboards, volume analytics, and order book data for outcome contracts.

Question 2

What is HIP-4 on Hyperliquid?

Accepted Answer

HIP-4 (Hyperliquid Improvement Proposal 4) introduces outcome trading — prediction markets that run natively on Hyperliquid's order book engine. Unlike traditional prediction platforms, HIP-4 markets share the same margin framework as perpetual futures, enabling cross-margining and portfolio-level risk management. Markets trade as #-prefixed coins on HyperCore L1.

Question 3

How do prediction markets work on Hyperliquid?

Accepted Answer

HIP-4 prediction markets use fully collateralized outcome contracts with bounded payoffs and no liquidation mechanics. Deposits, claims, and settlements happen on HyperEVM smart contracts, while trading runs on the HyperCore L1 order book. This means prediction market positions can share collateral with perpetual futures positions.

Question 4

Is Liquidiction safe to use?

Accepted Answer

Liquidiction is a non-custodial builder code frontend. It never holds user funds. All trades execute directly on Hyperliquid via your connected wallet. The app simply reads on-chain data and provides an interface to interact with HIP-4 markets.

Question 5

How is HIP-4 different from Polymarket or Kalshi?

Accepted Answer

Unlike standalone prediction market platforms, HIP-4 outcome contracts are integrated into Hyperliquid's unified derivatives engine. This means event exposure can share collateral with perpetual positions, allowing portfolio-level risk management. It also benefits from Hyperliquid's deep liquidity pool which processed $225B+ in perpetual futures volume in January 2026.

HIP-4 Data