Hyperliquid has launched off-chain event prediction market contracts, enabling outcome markets based on real-world events. These markets are managed by validators using automated news feed software as part of their on-chain operations. Validators are responsible for voting on the listing and settlement of these markets, ensuring clarity, accuracy, and quality. The first contract, focusing on "US May CPI Year-over-Year Growth," went live on May 25 at 20:00. Within 12 hours, it achieved an open interest of $12,800 and a trading volume of $10,300, highlighting significant early engagement.