Hyperliquid gets first HIP-4 outcome DEX with OUT
Hyperliquid has received its first reported builder-deployed HIP-4 outcome exchange after OUT completed deployment through the networks permissionless market framework. SummaryOUT has become the first reported outcome DEX deployed through Hyperliquids HIP-4 framework.Deployers can create YES/NO markets using templates approved by Hyperliquid validators.HIP-4 contracts are fully collateralized and operate without leverage, funding payments or liquidations.Hyperliquids current developer documentation lists permissionless deployer actions as available on the testnet. Hyperliquids block explorer shows that a successful on-chain transaction registered the Outcome DEX under the name OUT through the HIP-4 deployment framework. The transaction confirms OUTs deployment but does not show whether its markets have opened for live trading. No separate announcement or verifiable website detailing its markets, liquidity, or trading activity was available at the time of writing. Hyperliquids HIP-4 framework lets builders create markets According to Hyperliquids developer documentation, HIP-4 lets approved deployers create outcome markets without seeking validator approval for every individual contract. Each market must still follow a template that the validator set has previously approved. Templates define the basic form of a contract, its available results, and how it settles. Once validators approve one, a deployer can use the same structure to create separate markets that meet its conditions. A YES/NO template allows traders to
