On-chain options never scaled the way perps did 👀

Perps exploded because traders could get leverage on almost any asset, while Options on-chain stayed narrow, mostly Bitcoin and $ETH

Assets like $HYPE where options demand is obvious simply weren't available on a proper venue.

Aevo listed HYPE options on June 10 on a native order book, with full calls and puts, multiple strikes, expiries from 0DTE through end of July, and traders picking the strike, the tenor, and the side themselves.

HYPE options sit inside Aevo's unified margin, meaning that a HYPE put and a $BTC perp share the same account and the same collateral balance, so hedging a HYPE position doesn't mean moving capital between venues.

Every HYPE options trade counts toward Aevo's weekly epoch rewards, so while traders get HYPE options exposure, they also earn AEVO rewards on every position

#Hyperliquid