Hyperliquid takes aim at Kalshi, Polymarket targeting $24bn prediction markets
Yahoo Finance·2026-05-05 17:41

Hyperliquid is nibbling away at Kalshi and Polymarket. The decentralised finance exchange processing $6 billion in daily derivatives volume launched its first outcome contracts over the weekend — and the early numbers turned heads, according to Hyunsu Jung, CEO of Hyperion DeFi. Its first Bitcoin outcome market did roughly three times the volume of equivalent markets on Polymarket and Kalshi combined, Jung told DL News. “This proves that having a shared liquidity layer is effective in converting users, ...

Hyperliquid takes aim at Kalshi, Polymarket targeting $24bn prediction markets - Reportify