Lighter may launch prediction markets with HIP-3-style whitelisted operators
- —Lighter's codebase shows a "Binary options support" commit for binary-outcome markets
- —Shares trade between zero and a settlement cap, fully collateralized in USDC
- —No leverage or liquidations — payout depends only on the event outcome
- —A whitelisted market-operator model similar to HIP-3 is under consideration
Why it matters: Prediction markets on Lighter would intensify competition with Polymarket and Kalshi and expand on-chain event betting.
Source: PANews