Hyperliquid reported processing over $225 billion in trading volume in January 2026, as the HIP-4 initiative seeks to integrate prediction markets with broader crypto derivatives. This integration aims to bring tens of billions in new trading volume by allowing event contracts to share the same margin framework as perpetual futures, enhancing capital efficiency and risk management. Prediction markets, which processed $23 billion in notional volume last month, could see significant growth through HIP-4's structural changes. Conservative estimates suggest monthly trading volumes could reach $28 billion with partial adoption, $33 billion with moderate adoption, and over $40 billion with strong integration. This shift could transform prediction markets from standalone venues into integral components of diversified financial strategies.