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Hyperliquid HIP-4 outcome markets are far smaller than Polymarket and Kalshi, with no licence and U.S. users barred, Totalis reports
- Hyperliquid HIP-4 outcome markets are far smaller than Polymarket and Kalshi, with no licence and U.S. users barred, Totalis reports — Totalis reports that as of November 2, Hyperliquid's HIP-4 outcome markets were by far the smallest of the three venues it compared, with Kalshi reporting the most volume as a CFTC-regulated exchange and Polymarket running a crypto platform for non-U.S. users plus a separate CFTC-regulated U.S. app. Hyperliquid's terms state it holds no licence in any jurisdiction and bar residents of the United States and Ontario. (Totalis)
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