Hyperliquid has announced the launch of an off-chain event prediction market contract

May 26 — Official updates confirm Hyperliquid has rolled out support for "spec markets" tied to off-chain events. These markets are distributed via automated news feeds operated by the network’s validators and form part of Hyperliquid’s regular on-chain operations. Validators will vote on the launch and settlement of spec markets, evaluating factors such as rule clarity, outcome accuracy, and overall subjective market quality. Per Hyperliquid’s official website, the first off-chain event-based prediction market contract went live at 20:00 on May 25. Titled "US May CPI Year-over-Year Growth Rate," the contract held $12,800 in unclosed positions and logged $10,300 in total trading volume in the roughly 12 hours following its debut.