Same terminal. Two instruments. Do not swap the readings.

A Hyperliquid candle is a price. A Polymarket candle is a chance. The first lives on an axis that keeps going. The second lives on 0–100 and will be forced to 0 or 1. Everything else on this page is that sentence, unpacked.

Hyperliquid charts and Polymarket candlesticks are the two primers. Polymarket vs crypto is the general case. This page is the live pair: the two venues you can actually open in Predm today.

Traders already bounce between a perp and an event on the same headline. A CPI print moves BTC-PERP and a Fed contract. A match result moves a sports book and sometimes a related coin. One terminal means one watchlist habit, one alert language, one multi-timeframe board.

It does not mean one mental model. A list in Predm still belongs to one venue. You cannot drop HYPE-PERP into a Polymarket smart list and get a coherent filter. The product refuses that mix so the board cannot quietly compare a percent to a point.

A Hyperliquid wick is usually liquidity: size hitting a book, a cascade, a run of stops. A Polymarket wick is usually a change of mind that did not hold. You can fade a perp wick with a stop behind the extreme and still be speaking the instrument’s language. Doing the same on a 60% event, with a 5-point stop, is a different risk. The event can gap to zero on a headline in a way a large-cap perp usually does not.

The perp page is the Hyperliquid half of that warning. The TA page is the Polymarket half. This page is only the refusal to treat them as interchangeable screenshots.

Polymarket’s public chart is a line. Predm rebuilds OHLC from the raw trades so a day that closed unchanged can still show a sixteen-point range. Why probability lines mislead is that case.

Hyperliquid does not need that step. Asking “does Predm reconstruct Hyperliquid candles?” is a category error. There is no line to replace. The honesty rule that survives is the other one: nothing is smoothed, and a thin interval is left blank rather than decorated.

A perp has a clock (funding, session rhythms) and no last day. An event has a calendar and a last day. Alignment across timeframes near resolution on Polymarket is often just the destination asserting itself. Alignment on BTC-PERP three months into a trend is closer to the crypto meaning of the word.

Multi-timeframe signals use the same three columns on both venues so the board can be scanned. The sentences are shared. The weight you give a fully-green row is not.

Threshold and percent-move alerts exist on both venues. The number you type is not the same object. A 3% move on ETH-PERP is a price move. A 3-point move on a 48% event is a change in the estimate. Arming both with “3” because the field looks the same is how you get woken up for noise on one book and miss the only move that mattered on the other.

Watchlists inherit the same split. A smart list filtered to Hyperliquid perps trending up is a coherent filter. A list that tried to mix that rule with “YES books under 40%” would be two products wearing one name. Predm keeps lists on one venue so the rule you saved is still the rule you think you saved.

If you only take one operational habit off this page: look at the unit on the scanner row before you copy a level into an alert. The board already writes % on perps and pp on events. It is not decoration.

This is the case that justifies one terminal. A print, a leak, a final whistle. BTC-PERP will show it as a price wick. A related Polymarket contract will show it as a jump in the estimate, and if you are still on a probability line you may not even see the range inside the hour.

The useful sequence is: read the perp for whether size actually traded, then read the event for whether the estimate accepted the story. A violent BTC wick with a quiet event close is a crypto book running stops. A quiet BTC close with a twenty-point event range is the estimate changing its mind while spot barely moved. Those are different mornings. One window lets you see both without pretending they are one chart.

Do not average them. There is no honest “blended candle.” If a tool offers you one, it is decorating a confusion.

Not a ranking of venues. Predm does not tell you where to trade. It reads both.

Not a claim about Kalshi, Aster, Binance or Kraken. Those are marked coming soon. This page names the two that are live.

Not a HIP-4 explainer. If Hyperliquid lists event-style markets, they are not the live Hyperliquid surface in this terminal. Inventing that page early would rot the week the product caught up.

Should I learn Polymarket first or Hyperliquid first?

Whichever book you already trade. If you come from crypto perps, start with how to chart Hyperliquid and only then open a Polymarket candle so you can see what the reconstruction is for. If you come from events, reverse it.

Why does a 4% move look huge on one row and small on another?

Because one is 4% of a price and the other is 4 points of probability. The scanner labels the unit. Ignore the unit and the board becomes a colour contest.

Can I apply RSI the same way on both?

The maths will run on any OHLC series. On Hyperliquid an RSI is the crypto object you already know. On Polymarket the axis is bounded and the contract resolves, so “overbought at 92%” is often just the bound. Same indicator, different sentence.

Is there holder concentration on Hyperliquid in Predm?

No. Concentration here is computed per side of a prediction-market book. A perp is not that book.