According to Wu Blockchain, analysis by Hyperliquid Research Collective (HRC) shows that after Hyperliquid opened the HIP-4 prediction market feature to external platforms on August 29, daily trading volume more than doubled within three days, jumping from an average of $545,000 in August to $1.97 million on August 31. Two platforms have already integrated seven validator-approved templates after staking 500,000 HYPE tokens as collateral. Among them, Outcome, backed by a $1 million rebate incentive program (approximately $0.01 rebate per $1 traded), accounted for 85% of the trading volume, while Skew accounted for 1%. Additionally, the currently listed products have not triggered CFTC gambling classification reviews. However, if sports-related predictions are introduced in the future, they may face additional public interest tests. https://www.(wublock123.com)/news/news-67746