This market will resolve to "Yes" if Hyperliquid officially announces or launches a "Season 2" points program on or before December 31, 2025, 23:59 UTC. Otherwise, the market will resolve to "No". Key Conditions & Definitions Season 2 Points Program: A new points or rewards program that is explicitly presented by the Hyperliquid team as a new season or the direct successor to Season 1. Qualifying programs are those officially named "Season 2," "Phase 2," or are otherwise clearly framed as a distinct new chapter. Exclusion: Programs that are officially framed by the team as a simple continuation, extension, reactivation, or temporary promotion of Season 1 do not qualify, regardless of any changes to multipliers or rewards. Official Announcement: A definitive statement confirming the program with either: (a) An immediate launch ("Season 2 is now live"). (b) A specific future start date ("Season 2 begins December 1"). Vague teasers ("coming soon") do not qualify. Staged Rollout: An announcement of the program's launch qualifies, regardless of whether public access is rolled out in stages. Resolution Sources & Timing Primary Sources: Hyperliquid's official website (hyperliquid.xyz), verified X account (@HyperliquidX), or official blog. Hierarchy: An official announcement from a primary source is required. Supporting reports from major crypto media (e.g., CoinDesk, The Block) are insufficient on their own. Project Abandonment: If Hyperliquid ceases operations, the market resolves to "No". Final Resolution Date: The final check for this market will occur on Jan 2, 2026.