"Hyperliquid HIP-4 now supports prediction markets based on off-chain events, but trading activity has hit a record low. The daily trading volume for HIP-4 event contracts is just over $1 million, with fewer than 500 traders—both hitting new lows. Currently, HIP-4 has launched new markets for economics (rate hikes and CPI) and sports (Champions League), but trading volumes remain low. From the front-end tags, Outcome ranks behind Perps and Spot but ahead of Crypto, TradFi, and HIP-3, so its priority doesn’t seem too low. With the World Cup kicking off in 2 weeks, HIP-4 might want to launch more World Cup-related markets to see if it could become a new favorite for gamblers, similar to how crude oil did." #Hyperliquid #HIP4 #Crypto #TradFi #WorldCup