Hyperliquid Opens Permissionless Prediction Markets to 500K HYPE Holders

Quartz reported that Hyperliquid has made prediction market creation permissionless for any wallet holding 500K HYPE tokens. Holders can now launch their own markets on the platform. Bankless confirmed the same update and stated that permissionless prediction markets have gone live on Hyperliquid. The reports note that wallets meeting the 500K HYPE threshold gain the ability to create markets directly. This development removes prior restrictions on who can start markets for those who hold the required tokens.