Perps became crypto's biggest product. Options are the world's biggest derivatives market, roughly $50T in listed notional a year, and nobody owns them onchain yet.
Coinbase paid $2.9B for Deribit: 7 assets, KYC, ~85% of crypto-native options.
Hypercall lists options on anything with a Hyperliquid perp.
SPX, NVDA, MU, SpaceX. Wallet in, from $1, open on weekends.
Why ethereum:0x0f2d719407fdbeff09d87557abb7232601fd9f29 is the interesting part of all of this...
• No new token. Hypercall runs on SYN
• Premiums fund buybacks, so volume is the token's revenue story
• CMC still calls it a bridge
Options are a category with no winner yet, one token that owns the venue.
I think its just OUTLANDISH to not at least be looking into
@SynapseProtocol