Hypercall Exchange Sees Active S&P 500 Options Trading, Single-Stock Options Account for Over Half of Volume

Techub News reports that Sylvestre, co-founder of Hypercall exchange, stated that the exchange has become the best place to trade U.S. equity-related derivatives during the closure of traditional exchanges. Market makers hedge through Hyperliquid's perpetual contracts when cash stock markets are closed on weekends and other times. Currently, there are two active market makers on the exchange, with three more in the process of connecting. User collateral is held on-chain, but order matching occurs only off-chain. Single-stock options are another major attraction, with option trading volumes for SpaceX, NVIDIA, Micron Technology, and SanDisk accounting for more than half of the total trading volume, followed by options for Apple, Microsoft, Meta, Alibaba, Ethereum, and Bitcoin. (CoinDesk)