Polymarket alternative: prediction markets on Hyperliquid
Most prediction-market platforms are their own island: a separate account, a separate balance, a separate set of rules about who calls the result. Hyperliquid changed the shape of that problem. With HIP-4, a prediction market is not a product built on top of an exchange, it is an exchange market. Outcome tokens trade on the same HyperCore spot order book as everything else, against the same account and the same collateral you use for perpetual futures.
Liquidiction is a non-custodial frontend for those markets. There is no platform account, no deposit into anything we hold, and no separate wallet to fund. You connect a wallet you already control, your orders are signed by you, and they execute on Hyperliquid. This page explains what actually changes when you trade predictions on an exchange order book instead of on a platform, so you can judge whether the tradeoffs suit you.
What is structurally different
Your balance stays in your own wallet
There is no Liquidiction account and no deposit into anything we control. You connect a self-custody wallet, and every order you place is signed by that wallet and executed on Hyperliquid. Liquidiction is a frontend that routes your signed order to the exchange under a builder code; it never takes custody of your collateral, your outcome tokens or your winnings. If this site went dark tomorrow, your positions would still be sitting on Hyperliquid, reachable from any other client.
One order book, one collateral balance
This is the structural difference, not a marketing line. HIP-4 outcome tokens trade on the same HyperCore spot order book as everything else on Hyperliquid, against the same account and the same collateral you use for perpetual futures. So a prediction position and a futures position are not in two separate walled gardens with two separate balances that you have to fund independently. You can hold a “BTC above $X at time T” outcome and run a BTC perp against the same collateral, and see both in one place. See hedging and portfolio margin for how that works in practice.
Leverage and perps sit next to the markets, not in another app
Hyperliquid is a derivatives exchange first. Because outcome markets live on the same venue, the leveraged instruments that let you express or hedge the same view are one tab away rather than one platform away, on hundreds of crypto, equity, commodity and index underlyings. Browse them on perps.
Settlement you can inspect before you trade
Every HIP-4 market states, in its own on-chain description, who resolves it and when. There are three tiers and they carry genuinely different trust assumptions. Auto-settle markets resolve from an on-chain price observation at expiry, with no human in the resolution path. Validator vote markets are custom events resolved by the Hyperliquid validator set, the same trust surface that secures bridge withdrawals. Deployer-settled markets are deployed from a validator-approved template by a third party, and that third party signs the result. We label the tier on every market rather than presenting one undifferentiated “resolution” promise. Read what HIP-4 is or browse the deployers.
No dispute window, and we say so out loud
On a deployer-settled market, the deployer signs the final result and nobody can sign it in their place. There is no escrowed challenge period and no bonded dispute game. That is a real difference from designs built around dispute resolution, and stating it plainly is more useful to you than hiding it. What is documented is that a deployer’s stake stays locked while any of their outcomes is unsettled. Because the settlement moment and the settlement authority are both on-chain, you can check before you trade how many of a given deployer’s markets are currently sitting past their settlement moment with nothing signed.
Side by side
| Liquidiction on Hyperliquid | Polymarket | Kalshi | |
|---|---|---|---|
| Where your balance sits | In a wallet you control, on Hyperliquid. We never take custody. | See their docs | In an account you hold with the exchange |
| Where trades settle | On-chain on Hyperliquid (HyperCore) | On-chain on Polygon | On the exchange, which is US-based and CFTC-regulated |
| How you get in | Connect a self-custody wallet. No platform account to open. | See their docs | Open an account with the exchange |
| What you fund with | USDC on Hyperliquid, bridged from any supported chain | USDC on Polygon | See their docs |
| Prediction positions alongside futures | Yes. Same account and same collateral as Hyperliquid perps. | See their docs | See their docs |
| Who resolves a market | Stated per market on-chain: protocol auto-settle, validator vote, or the deployer | See their docs | Per the exchange rulebook |
We do not list competitor fees here because we do not have current, verified figures for them, and we are not going to claim we are cheaper without data to support it. Check each venue’s own documentation for its fee schedule. Cells marked “See their docs” are ones we are not willing to state on their behalf.
How to move over
- 1
Withdraw your USDC to your own wallet
Move your balance off the platform you are leaving and into a wallet you control. Polymarket withdrawals arrive as USDC on Polygon.
- 2
Bridge to Hyperliquid
Use the bridge to move that USDC onto Hyperliquid. Every quote shows the underlying bridge protocol fee, the LI.FI aggregator fee, and a 0.05% Liquidiction integrator fee before you sign. The Polygon route is one of the cheapest and typically lands in seconds.
- 3
Connect the same wallet and trade
Your funds arrive as USDC on HyperCore, ready for prediction markets and perpetual futures from one collateral balance. There is no account to open and no deposit into our control.
Full chain list, timings and the complete fee breakdown are on the bridge page. Nothing in that flow is custodial: every transaction executes through your own wallet.
What you can trade here
The largest category is crypto price outcomes: single-strike questions of the form “will this asset be above this level at this time”, and multi-strike range markets that split a price into named bands. These are the markets where an exchange- native design pays off most obviously, because the thing being predicted is quoted on the very same venue.
Beyond crypto, Hyperliquid perps supply underlyings across equities, commodities and indices, which is what lets outcome markets reference something other than a token price. There are also custom event markets covering sports and economic releases, the kind with a written resolution clause rather than a price feed. Start from all markets, jump straight to sports markets, or use explore to filter by shape and settlement type.
Availability and jurisdiction
Liquidiction is a non-custodial interface to a public exchange, and it is not geo-blocked. Eligibility is handled through attestations you make about yourself rather than by blocking regions, which is a deliberate posture and also a real obligation: you are responsible for knowing and following the rules that apply where you live, including whether event contracts and derivatives are permitted there at all. We are not able to give you that answer, and nothing on this page is legal or investment advice. Read the Terms before you trade.
Frequently asked questions
Is there a decentralized alternative to Polymarket?
Yes. HIP-4 prediction markets run natively on Hyperliquid, where outcome tokens trade on the HyperCore spot order book and settle on-chain. Liquidiction is a non-custodial frontend for those markets: you connect your own wallet, your orders are signed by you, and the exchange, not us, holds the book. Because the markets live on the exchange rather than on our servers, the same positions remain reachable from any other Hyperliquid client.
Do I need an account or KYC to trade prediction markets on Hyperliquid?
There is no Liquidiction account to open. You connect a self-custody wallet and start trading, and we never hold your funds. That is a statement about how this frontend works, not legal advice about your own jurisdiction: you remain responsible for complying with the rules that apply where you are, and our Terms set out the attestations you make when you use the site.
Is Liquidiction custodial? Who holds my funds?
You do. Liquidiction is non-custodial. Collateral sits in your own wallet on Hyperliquid, orders are signed by that wallet, and trades execute on Hyperliquid itself. We route your signed orders under a builder code and never take possession of your collateral, your outcome tokens or your proceeds at any point.
How do I move funds from Polymarket to Hyperliquid?
Withdraw your USDC to a wallet you control, where it arrives on Polygon, then bridge it to Hyperliquid. The bridge quote shows the underlying bridge protocol fee, the LI.FI aggregator fee and a 0.05% Liquidiction integrator fee before you confirm, and the Polygon route is one of the cheapest and fastest available. Once the USDC lands on HyperCore you can trade prediction markets and perps from the same balance.
Who decides the result of a market, and can it be disputed?
It depends on the market, and each one states its own answer on-chain. Price markets auto-settle from an on-chain price observation at expiry with no human decision. Custom event markets are resolved by the Hyperliquid validator set. Markets deployed permissionlessly from a validator-approved template are settled by the third party that deployed them. On that third tier there is no dispute window: the deployer signs the result and nobody else can sign it in their place, and a deployer stake stays locked while any of their outcomes is unsettled.
Can I use leverage or hedge a prediction with a perp?
Yes, and this is the main structural reason to trade prediction markets on a derivatives exchange. Outcome tokens and perpetual futures share one Hyperliquid account and one collateral balance, so you can size a perp against an outcome position without funding a second venue. The hedge and portfolio margin pages walk through how positions offset.
Can I use this from outside the US?
Liquidiction is a non-custodial interface and is not geo-blocked. Access is handled through attestations you make about your own eligibility rather than by blocking regions, which means the responsibility to know and follow the rules where you live sits with you. Read the Terms before you trade.
Trade from your own wallet
No platform account. No deposit into our control.
More reading: what HIP-4 is, HIP-4 stats, Kalshi alternative, deployers, bridge to Hyperliquid, perpetual futures, and the Terms.