Performances
RD Popularity Index
RD Growth Index
Revenue & Burn
Protocol income
$1.88Buyback funds
--Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Nov 2026 | $1.88 | -- | -- | -- |
| Oct 2026 | $10.09 | -- | -- | -- |
| Sep 2026 | $17.14 | -- | -- | -- |
| Aug 2026 | $18.4 | -- | -- | -- |
| Jul 2026 | $0 | -- | -- | -- |
| Jun 2026 | $0 | -- | -- | -- |
Comparison
Follow Updates
Follow Lists
People
About Outcome
Outcome is a native prediction market front end on Hyperliquid, trading binary and multi-outcome contracts on sports, crypto, macro and political events. It does not run matching or settlement itself: orders and clearing go to Hyperliquid's order book under unified margin, so users need not bridge assets to another chain and carry no separate custody risk. Settlement follows the underlying market's price oracle or validator vote.
That position gives it a different cost structure from conventional prediction markets: no standalone liquidity pool, no bridge, zero trading fees at launch and revenue from builder codes. It addresses the bridge and custody friction that has long dogged the category. The mainnet launched on 2 May 2026, settling more than 500 markets in the first month with over 200,000 testnet participants; by early July routed volume passed USD 20 million across 82 countries.
Outcome launched as the first HIP-4 prediction market on Hyperliquid, staking 500,000 HYPE to deploy binary markets settled in USDH. Within its first week, trading volume exceeded $11 million with 1,500 unique users, proving early product-market fit. The platform introduced a $1 million trading incentive program distributed monthly, allocating 40% to quote rewards, 30% to maker fill rewards, and 30% to taker fill rewards. A significant milestone was the transition to permissionless deployment under HIP-4 Phase 2, allowing any builder staking 1 million HYPE to create markets, mirroring the HIP-3 trajectory that opened perps to external builders. Outcome also expanded beyond crypto-native events to macro events like US inflation and Fed decisions, with validators handling settlement. The eventual shift from USDH to USDC settlement, following Coinbase's role as USDC treasury deployer, marks another structural evolution.
Outcome launched its first markets on Hyperliquid via HIP-4 (HyperCore's native prediction-market primitive) on August 29, 2026, alongside a rewards program valued up to $1,000,000. As a non-custodial frontend and HIP-4 deployer, Outcome posts a 500,000 HYPE bond (slashable), with Hyperliquid validators curating market templates, Outcome instantiating them and settling on-chain; contracts are fully collateralized with no leverage or liquidation. By early July 2026 it had routed over $20M volume, 400,000+ fills, 2,200+ unique traders across 82 countries, about a tenth of HIP-4 network volume.
Future strategy and roadmap: Strategically, Outcome builds on HIP-4's native event-contract layer that went live on Hyperliquid mainnet in May 2026 and awaits Phase 2 permissionless deployment, when any builder meeting the 1M HYPE stake can deploy event markets and capture routing fees. Outcome's infrastructure is ready; settlement currency is transitioning from USDH to USDC, and the platform will keep its zero-fee (builder code currently 0) non-custodial design, expand sports, politics, macro, and crypto categories, and deepen two-sided quoting liquidity rewards with Monarch.
Ahmed Salih (Ali) — Co-founder & CEO; operates pseudonymously.
Several other pseudonymous co-founders cover protocol, frontend, and design. Founded in 2024 and self-funded, the team staked 500,000 HYPE as its HIP-4 deployer bond.