Hyperliquid will require prediction market deployers to stake 500,000 HYPE tokens, valued at approximately $30.4 million.
Hyperliquid announced plans to introduce a permissionless prediction market deployment mechanism via HIP-4, requiring developers to stake 500,000 HYPE tokens (valued at approximately $30.4 million) to create prediction markets. The mechanism aims to mitigate risks of low-quality markets, incorrect settlements, or malicious market creation through capital thresholds and penalty mechanisms.
Per Hyperliquid’s announcement, the permissionless deployment feature will first launch on the testnet, with a planned mainnet rollout via future network upgrades. Validators will vote to finalize standardized result templates, and developers can build markets based on these templates. Each deployer can create up to 100 outcome options initially, while deployers are responsible for defining market rules and completing settlements in line with template requirements.
Staked HYPE tokens will be locked for six months. If a market is ill-defined, settled incorrectly, or fails to complete proper settlement within a week, validators can vote to slash the staked assets. Hyperliquid noted that predictable events cover a broader scope than spot and perpetual contract markets, making permissionless prediction market deployment critical for expanding on-chain use cases. Relevant rules may be further adjusted ahead of the testnet launch.
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Pre-Market Key News Roundup: Elon Musk Slams Silicon Valley’s AI Community; SpaceX Plans to Order $52 Billion Worth of Server Racks; Iranian Sources Say Mediators Proposed a 10-Day Pause in Strikes.
Pre-market key news for US stocks as follows:
1. South Korean media reports that Samsung Electronics, SK Hynix, and Micron Technology have all scaled back or abandoned commercialization plans for CXL expansion device controllers.
2. SpaceX (SPCX.O) plans to order around 13,000 NVIDIA GB300 AI server racks from Foxconn, with the deal potentially worth $52 billion.
3. AerCap Holdings is in talks to purchase up to 5 Boeing (BA.N) 787 Dreamliners, a deal that could be announced during this week's Farnborough International Airshow.
Wait no, correction: 15架 is 15, so correct that: 3. AerCap Holdings is in talks to purchase up to 15 Boeing (BA.N) 787 Dreamliners, a deal that could be announced during this week's Farnborough International Airshow.
4. Domino's Pizza (DPZ.O) reported Q2 revenue of $1.19 billion, beating the consensus estimate of $1.18 billion.
5. A senior Iranian official said mediators have proposed a 10-day pause in strikes to find ways to revive the temporary agreement between Iran and the U.S.
6. The Houthi movement announced it will impose a maritime navigation ban on Saudi Arabia starting Monday.
7. Elon Musk slammed Silicon Valley's AI circle, saying researchers are treated as "aristocrats" while engineers are reduced to the lower rungs.
8. Strategy did not purchase Bitcoin last week, selling 2.7323 million shares of MSTR stock to add $225 million to its reserves.
9. Bitmine added 7,430 ETH to its holdings last week, and repurchased approximately 5.5 million common shares.
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Bitmine increased its holdings of 7,430 ETH last week, and repurchased approximately 5.5 million common shares at an average price of $15.6156.
Bitmine Chairman Thomas "Tom" Lee announced that the company repurchased approximately 5.5 million common shares last week at an average price of $15.6156, a move aimed at enhancing shareholder value. The buyback falls under the previously approved $4 billion stock repurchase program. Separately, Bitmine added 7,430 ETH to its holdings last week. Lee explained that since launching its Ethereum treasury strategy on June 30, 2025, the firm has been purchasing ETH on a weekly basis, with the recent slowdown in its ETH acquisition pace primarily attributed to ongoing stock repurchase activities. Regarding staking operations, as of July 19, Bitmine has staked 4,917,189 ETH, valued at roughly $9.2 billion, representing 85% of its total ETH holdings. The company noted that its current ETH staking scale is larger than that of any other entity worldwide. Bitmine runs its ETH staking business via institutional-grade staking platform MAVAN, and plans to expand access to the service to institutional investors, custodian institutions, and ecosystem partners in the future. The company projects that once all its ETH is staked through MAVAN and partner platforms, annualized staking revenue could reach approximately $290 million.
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The address that previously withdrew 44.26 trillion BONK tokens from the BONK treasury has transferred the remaining 24 trillion BONK tokens to Coinbase.
According to Lookonchain monitoring, the trader who previously legally withdrew 4.426 trillion BONK tokens (valued at roughly $21.2 million) from the BONK vault has deposited the remaining 2.4 trillion BONK tokens (worth approximately $6.94 million) into Coinbase. The trader had earlier withdrawn a large volume of tokens from the BONK vault through legal channels, a move that drew market attention. The specific purpose behind the token transfer to Coinbase remains unclear, and the market will closely monitor whether this could lead to potential selling pressure.
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Palantir CEO: AI could multiply his wealth by 20 times while exacerbating social wealth inequality.
Palantir CEO Alex Karp recently stated that artificial intelligence (AI) could unlock massive wealth growth opportunities, but gains from the technology will be highly concentrated among a small group of tech and capital owners, further widening global wealth inequality. In an interview with the MDMeets podcast, Karp noted that AI will improve living standards for the general public, but those involved in developing and controlling AI technology could see wealth growth far outpace that of ordinary workers. He projected that AI could even multiply his own wealth roughly 20 times, pushing his net worth close to $300 billion. Karp’s current personal fortune stands at around $15 billion, driven largely by Palantir’s recent growth in AI and the company’s rising valuation. He added that middle-class incomes could double over the next decade, citing an example of a $70,000 annual salary rising to $140,000, but this would pale in comparison to the hundreds of billions in wealth gains for AI’s top beneficiaries. “There could be a total disconnect between wealth and ordinary prosperity,” Karp said, warning that AI-driven wealth concentration will become a social issue. Karp is no AI skeptic; he is a major beneficiary of the AI industry. Palantir currently has a market cap of around $322 billion, with core business areas including AI platforms, data analytics, and AI applications for government and corporate clients. In recent years, multiple tech and finance leaders have voiced similar concerns. BlackRock CEO Larry Fink noted that early AI gains are flowing primarily to owners of models, data, and infrastructure; the so-called “godfather of AI” Geoffrey Hinton has warned that the wealthy could use AI to replace labor, leading to higher unemployment and further profit concentration.
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WTI and Brent crude oil rose more than $1 in the short term, as Houthi forces will impose a maritime navigation ban on Saudi Arabia.
According to Bitget market data, US and Brent crude oil prices rose by over $1 in the short term, currently standing at $81.98 per barrel and $86.80 per barrel respectively. On the news front, the Houthi armed forces stated that they will impose a maritime navigation ban on Saudi Arabia starting Monday.
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