Trading

Markets are probabilities

Every Hyperdict market is a Hyperliquid HIP-4 outcome market: a yes/no question with shares priced between $0 and $1. The price is the market’s implied probability — a YES share at 62¢ means the order book collectively prices a 62% chance. If the outcome resolves YES, each YES share pays $1; otherwise it pays $0. NO shares are the mirror image.

Multi-outcome questions (e.g. “2026 World Cup Champion”) list one market per outcome; each outcome trades YES/NO independently.

Orders

• Market — fills immediately against the book at the best available prices. The ticket shows the expected average price and a minimum-received bound before you confirm.
• Limit (under Advanced) — rests on the book at your price until filled or cancelled. Resting orders make you the maker; orders that cross the spread are taker executions.
• Positions can be closed any time before settlement by selling at the current price — you don’t have to hold to resolution.

Settlement

When a market resolves on Hyperliquid, winning shares are redeemed at $1 and losing shares at $0, credited directly to your USDC balance. Resolution rules and sources are shown on each market’s page.

Fees

Hyperliquid itself charges no fee to open HIP-4 positions. Hyperdict applies a builder fee of 0.045% on order notional — it’s shown on the ticket before you confirm, never hidden in the price.

Portfolio

Portfolio tracks open positions (anchored to your on-chain balances), open orders, P&L, win count / win rate, and full history. Deposits, withdrawals, and other cash-flow records are visible only to you.