Case StudyOutcome Markets
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HIP-4

Outcome Markets takes the lead on HIP-4 prediction markets with Hydromancer

Client

Outcome is an onchain prediction market on Hyperliquid, built on top of the HIP-4 primitive. Outcome is a leading frontend for prediction markets on Hyperliquid, with an overwhelming share of trading volume across all third-party apps. Outcome also has 500k HYPE ready to deploy its own markets whenever this functionality becomes available.

Why Hydromancer?

Outcome needed a full data layer for a market type that didn't exist yet. HIP-4 was still rolling out on testnet, with shifting specs and unreleased endpoints, while Outcome had to build, test, and ship a production frontend on top of it. Hydromancer delivered outcome-market APIs and streams as the protocol itself evolved — adding multi-outcome support and data streams within days of the protocol change.

Solution

Hydromancer powers Outcome's outcome-markets data end to end — both the real-time streams behind the product and the analytics layer behind the business. On the streaming side, Outcome runs on filtered outcome-fills subscriptions, builder-attributed fills, orders, and positions, and low-latency orderbook streaming benchmarked to be faster than native Hyperliquid websockets. On the analytics side, a builder-analytics dashboard suite let Outcome migrate its builder-code volume tracking and other dashboards onto Hydromancer's infrastructure, on top of the real-time position-to-builder attribution that makes it possible.

Results

  • Hydromancer delivered a supporting data and tech stack ahead of HIP-4 mainnet launch, helping Outcome take the trading volume lead across all frontends
  • Same-day delivery of requested features like the filtered-fills stream; multi-outcome support within days of release

What's next for Outcome

Outcome stakes 500k HYPE with Hydromancer's own validator to start listing HIP-4 markets the moment Hyperliquid core teams make that possible. The Hydromancer team will be there to support new market deployment with leading risk and liquidity monitoring infrastructure.

We will continue to update this case study as Outcome's usage of Hydromancer evolves.