Complete whitepaper — every feature explained in detail
Trade prediction markets with any asset in your wallet — not just USDC. Use $HYPE, $ETH, $PURR, $BTC, or any supported token as collateral. Auto-swap with zero friction, zero swap fees, and slippage under 0.1%.
Most prediction market platforms require USDC as the sole collateral. This creates friction:
Extra Swap Costs
You have to swap to USDC first, paying DEX fees (0.3-1%) and slippage.
Portfolio Disruption
Selling your $ETH or $HYPE to get USDC means losing exposure to those assets.
Tax Events
In many jurisdictions, each swap is a taxable event. More swaps = more complexity.
Execution Flow
User selects $HYPE → Auto-swap engine → USDC equivalent → Prediction shares
Swap fee: 0.00% | Slippage: < 0.1% | Routing: Optimized
Multi-Asset Collateral Architecture: 1. User selects collateral asset ($HYPE, $ETH, $PURR, $BTC) 2. Smart contract calculates exact token amount needed 3. Atomic swap: Token → USDC → Prediction Shares └── All in one transaction (no partial fills) 4. Position opens immediately Supported Assets: $HYPE → Native Hyperliquid token (zero fee) $ETH → Ethereum (< 0.1% slippage) $PURR → Hyperliquid ecosystem token (zero fee) $BTC → Bitcoin (< 0.1% slippage) USDC → Direct (no swap needed) Zero Swap Fees on HIP-4: Traditional DEX swap: 0.3% fee Multi-Asset Collateral: 0.00% fee (HIP-4 exclusive) Savings on $1,000 trade: $3.00
| Asset | Swap Fee | Slippage | Best For | Notes |
|---|---|---|---|---|
| USDC | 0.00% | N/A | Direct trading | No swap needed |
| $HYPE | 0.00% | < 0.05% | Hyperliquid-native traders | Zero fee — HIP-4 exclusive |
| $ETH | 0.00% | < 0.1% | ETH holders | Deep liquidity routing |
| $PURR | 0.00% | < 0.05% | Ecosystem participants | Zero fee — HIP-4 exclusive |
| $BTC | 0.00% | < 0.1% | Bitcoin maximalists | Optimized BTC routing |
Scenario: You hold 412.5 $HYPE (worth ~$10,230) You want to bet $100 on "BTC > $100k by March" Traditional way (without Multi-Asset): 1. Swap $HYPE → USDC on DEX → Fee: $0.30 (0.3%) 2. Bridge to Polymarket → Fee: $2.00 + gas 3. Buy prediction shares → Fee: $1.00 Total fees: ~$3.30 With HIP4 Multi-Asset Collateral: 1. Select $HYPE as collateral → Fee: $0.00 2. Auto-swap + position in 1 tx → Slippage: < $0.05 Total fees: ~$0.05 You pay: 4.03 $HYPE (at $24.82/HYPE) You get: $100 in prediction shares Savings: $3.25 per trade (98.5% fee reduction)
Scenario: You hold 1.24 ETH and want to hedge without selling your ETH exposure. Traditional way: Sell 0.026 ETH → Get ~$100 USDC → Buy hedge Problem: You've reduced your ETH position by 2.1% If ETH moons 20%, you miss $20 of upside With Multi-Asset Collateral: Use 0.026 ETH directly as collateral Your ETH position is used, not sold If hedge expires worthless, ETH is returned You maintain full ETH upside exposure → Multi-Asset = hedge without sacrificing your positions
Active trader: 50 trades/month, avg $200/trade Traditional (USDC-only, via DEX swap): Swap fees: 50 × $200 × 0.3% = $30/month Bridge fees: 50 × $2 = $100/month Gas: 50 × $1.50 = $75/month Total: $205/month = $2,460/year With Multi-Asset Collateral: Swap fees: $0 (HIP-4 exclusive) Bridge: $0 (native on Hyperliquid) Gas: 50 × $0.01 = $0.50/month Total: $0.50/month = $6/year Annual savings: $2,454 (99.8% reduction) Over 3 years: $7,362 saved
Multi-Asset Collateral Engine:
┌─────────────────────────────────────┐
│ User Wallet │
│ $HYPE | $ETH | $PURR | $BTC | USDC│
└────────────────┬────────────────────┘
│ Select asset
▼
┌─────────────────────────────────────┐
│ Price Oracle Layer │
│ Real-time pricing from multiple │
│ sources (Pyth, Chainlink, native) │
└────────────────┬────────────────────┘
│ Calculate exact amount
▼
┌─────────────────────────────────────┐
│ Atomic Swap Router │
│ • Best route calculation │
│ • MEV protection │
│ • Slippage guard (< 0.1%) │
│ • Single transaction execution │
└────────────────┬────────────────────┘
│ Swap + open position
▼
┌─────────────────────────────────────┐
│ HIP-4 Prediction Market │
│ Position opened with USDC equiv. │
│ All in one atomic transaction │
└─────────────────────────────────────┘Stop converting to USDC before trading. Use what you already hold.
Your $ETH collateral means you keep your ETH price exposure even while hedging.
Zero swap fees on HIP-4 native tokens. 99% cheaper than manual swaps.
One transaction instead of multiple swaps. Cleaner records, less headaches.
Important Disclaimer
These examples are simplified for educational purposes. In practice: probabilities fluctuate, basis risk exists (imperfect correlation between event and your real exposure), some hedges require rebalancing, and regulations vary by country. But the core principle holds: you can hedge almost any real-world risk with prediction markets, often better and cheaper than traditional insurance.