Hypercall, an options exchange built on Hyperliquid, has recorded about $640 million in notional volume since launching in June, with more than 80% coming from S&P 500 options. The platform lists daily, weekly and monthly expiries, trades around the clock and settles in USDC, with most volume concentrated in options expiring the next day. Open interest stands at about $49 million, of which $47 million is in S&P 500 options. The article says demand for blockchain access to traditional markets is growing, though volume remains small compared with Deribit, and options on SpaceX, Nvidia, Micron and SanDisk make up more than half of all trades.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on CoinDesk ↗
Related tickers and likely impact
HYPE/USDT
▲ Likely positiveHyperliquid
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $17.5B |
| Close on 10/13/2026 | 81.58 |
| Change that session | +0.67% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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