Depositing Funds (HIP-4)

HIP-4 markets settle inside your Hyperliquid exchange account, so funding HIP-4 is the same as funding any other Hyperliquid trade. If you already trade Hyperliquid perps or spot on Tread, you're already funded.

For more information on how to connect and fund your Hyperliquid on tread, please see.

How HIP-4 funding works

HIP-4 outcomes trade against USDH, Hyperliquid's native stablecoin for prediction markets. Your USDC balance on Hyperliquid is converted to USDH automatically when you place an HIP-4 order, and back to USDC when you close or settle. Tread shows your spendable balance in USDC terms in the order form, but you are trading/settling in USDH.

Things to be aware of

• Unlike Polymarket, there is no bridging step (no Ethereum → Polygon hop) and no separate Tread Wallet to top up.

• You do not need to "split" USDC into Yes/No share tokens before market making (see the HIP-4 market making page). Hyperliquid handles both sides natively.

• Minimum order notional on HIP-4 is 10 USDH per placement.