Branchpoint
Branchpoint is Hyperphase’s first product: a protocol for state-contingent markets built on top of event markets. The first implementation of multiverse finance on Hyperliquid.
Prediction markets price the odds of an event. Branchpoint builds the next layer: the price of assets inside each possible outcome. For a binary event E with outcomes YES and NO, Branchpoint creates contingent assets like BTC|YESE and BTC|NOE—letting the market answer not just will this happen, but what is BTC worth if it does.
The result is a conditional price surface: instead of one current price for an asset, the market produces a distinct price in each possible outcome state. An event creates multiple future branches. Branchpoint turns those branches into tradable financial environments.
For certain classes of events—governance proposals, protocol upgrades, policy decisions—these contingent prices do not merely observe the future. They participate in shaping it. When a market prices an ecosystem’s assets under each outcome of a pending governance vote, those valuations feed back into the beliefs, incentives, and decisions of the participants themselves. The market becomes reflexive: not just a record of expectations, but an input to them.
Coming soon to the HyperEVM on Hyperliquid , built on top of HIP-4 outcome markets. HIP-4 provides native event markets and outcome tokens. Branchpoint adds the next layer: programmable contingent assets and trading venues constructed on top of those outcomes.