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Hyperliquid Enables HIP-4 Permissionless Deployment of Prediction Markets on Testnet

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Decentralized exchange (DEX) Hyperliquid has rolled out HIP-4 permissionless deployments on the testnet, marking the first step toward enabling developers to deploy their prediction markets. This comes as the $HYPE token continues to face significant selling pressure, falling below the psychological $55 level.