Hypercall options trading volume reaches $640 million
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AI-assisted source synthesis · not an independent investigation.
A report on October 14 stated that since June 1, 2026, Hypercall’s options notional trading volume on the Hyperliquid exchange had reached $640 million, with more than 80% coming from S&P 500 index options. The platform offers daily, weekly, and monthly expiration contracts traded around the clock and settled in USDC, with trading mainly concentrated in options expiring the following day. At the time of the report, Hypercall’s open interest was approximately $49 million, of which $47 million was in S&P 500 options. The report noted that its scale remained smaller than that of the traditional options market and Deribit.
AI-written from reports · updated 5 days ago
Timeline
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- CoinDeskHypercall: S&P 500 options become the most popular bet on the Hyperliquid exchange
Hypercall has recorded $640 million in notional trading volume since June 1, with more than 80% coming from S&P 500 options. The platform offers around-the-clock daily, weekly, and monthly expiry contracts, settled in USDC, with trading mainly concentrated in options expiring the following day. Open interest is approximately $49 million, of which $47 million is in S&P 500 options, and remains smaller than that of traditional options markets and Deribit.
Heat over time
Current heat 3·Peak over the comparable range 10 (Oct 14 19:00)·Change over the comparable range in the last 24 hours -51%
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