Arthur Hayes: Hyperliquid's HYPE token may become its key weapon in the prediction market sector

```htmlJinse Finance reported that on April 30, Arthur Hayes believes that Hyperliquid's planned HIP-4 prediction market will stand out not only because of its low fees, but also because its HYPE token allows users to directly share in the platform's growth profits. Polymarket is expected to launch its own token (informally named POLY), with pre-market trading suggesting a fully diluted valuation of approximately $14 billion, while HYPE's valuation is about $38 billion. On the regulatory side, there is a clear difference: Polymarket and Kalshi are subject to regulatory restrictions in the United States and various regions, whereas Hyperliquid is more focused on serving Asia-based crypto-native traders and does not operate under similar compliance constraints.```