Options trading is now live on Hyperliquid testnet! Hyperliquid is building the house for all of finance. We’re launching the premier on-chain options exchange on Hyperliquid, using @derivexyz’s proven infrastructure. THREAD ⬇️

If you haven't yet, join our Telegram group at https://t.co/3ayUBgqkuG to get your access code

The first round of options on Hyperdelta has now expired and been settled! Since our testnet launch, we've processed around $5 million in notional volume across options and perpetuals. Thank you to everyone who has tried the product!

Has been awesome to advise this team on some of their product decisions and watch them cook internally for the past few quarters! Having been in the options/trading space for a few years and seeing several iterations of the product, all I can say is I'm looking forward to the

Special thanks to: @chameleon_jeff @iliensinc @xulian_hl @domrom__ @dillonlin_ @0x_Atreyu @CryptoDeFiGuy @cainosullivan @kirbyongeo @0xVelocity88 @NarwhalTan @0xBroze @do_not_trade @D2_Finance @hufhaus9 @sershokunin @hyperliquidbull @DanDeFiEd @Jib0xD @0xBobdbldr @Wajahat

6. Many more markets coming soon (HYPE, equities, ...). Try it out now on: https://t.co/IjgiOQxHsg Hyperliquid

5. This means: - Lower liquidation risk as delta is neutralized in real time - Capital efficiency with margin shared between options and perps - No bridging between venues

4. With direct integration with Hyperliquid’s markets, hedging becomes instantaneous. Sell an option and hedge the delta using Hyperliquid’s liquidity, all within one portfolio-margin account.

3. Option sellers face constant delta exposure that must be hedged instantly. Until now, the lack of on-chain perp liquidity has meant not only needing to additionally hedge on a liquid, off-chain venue, but increased margin requirements on the options venue itself.

2. Perp traders face constant liquidation risk. With options, you can't get liquidated - the most you lose is the upfront premium.

1. For Hyperliquid, options unlock a massive market. Crypto options trade several billion in notional daily, while US equity options in TradFi reach ~$4T/day. More participants, more strategies, and deeper liquidity will create a positive flywheel across both perps and options.

HIP-3 live on the https://t.co/4mvW9sn78O front-end this weekend was not on our bingo card, but very welcome OFC 💚 — @chameleon_jeff back on the risk-on arc? We already knew he wasn’t 996, but this is bigger than $USDH, kek. Some great takes from @ThinkingUSD’s latest pod which

Onchain options are the glue that bind infinite payoff structures together, the bridge between simple spot markets and sophisticated strategies. Proud to see our infrastructure powering @HyperdeltaX as they launch on Hyperliquid.

▮▮▮▮▮▮▮▮▮▮▮▮▮▮▮▮▮▮▮▯ 95% The wait is almost over ⏳

Welcoming aboard Chris Newhouse @CryptoDeFiGuy, who will be supporting Hyperdelta’s strategy as an advisor in the final stages of our development and upcoming rollout. Chris has been one of our earliest supporters and his unique blend of expertise is highly aligned with our

1/ Excited to announce I’ll be working closely with the @HyperdeltaX team as a Strategic advisor! I've provided feedback since their initial public announcement and look forward to supporting the development of an options protocol built on HyperEVM.

We are thrilled to announce that we’ve yet another partner for our oracle services—@HyperdeltaX, a decentralized options exchange launching on the hottest new blockchain, HyperLiquid. This latest partnership further reinforces our position as the go-to data provider for

Building on the best 🤝 @derivexyz Hyperdelta will leverage Derive’s market-leading core protocol to bring on-chain options to the HyperEVM. Hyperliquid.

Governance approved. Derive will license its risk engine to power @HyperdeltaX on @HyperliquidX. Onchain options coming to HyperEVM.

Two unique projects I’ve seen being built on Hyperliquid that I’m pretty excited for: • @HyperdeltaX: Building out a native options platform for Hyperliquid, which will unlock new HYPE strategies for traders as opposed to only perps (protective puts for risk management, covered