Hyperliquid Launches Macro Prediction Markets as HYPE Surges Past $64

Weeks after announcing the launch of outcome-based markets, Hyperliquid has expanded its offerings by adding macroeconomic event predictions to its list of tradeable markets.

At the time of writing, the platform lists two new markets:

  • May Consumer Price Index (year-over-year)
  • June Federal Reserve interest rate change

Both markets currently show limited open interest. By comparison, Hyperliquid’s initially launched Bitcoin “above or below” daily market attracted roughly $140,000 in volume over the past 24 hours.

Source: Hyperliquid

The announcement coincides with a renewed rally in HYPE’s token price, which jumped roughly 8% in just a few hours and is trading above $64.30 at a new all-time high. HYPE has been among the stronger performers in the cryptocurrency market in recent weeks, climbing from below $40 to its current level this month amid rising institutional demand and heightened market enthusiasm.

HYPE exchange-traded fund flows were positive last week, standing in contrast to the wider industry, which experienced significant outflows totaling more than $1.5 billion.

According to hl.eco, cumulative volume across Hyperliquid’s outcome markets has already exceeded $52 million. While that figure is considerably lower than volumes reported by established prediction platforms such as Polymarket or Kalshi, it’s important to note Hyperliquid only launched these markets a few weeks ago, leaving room for growth as the platform matures.