Hypercall Just Crossed 200M USD in Daily Notional 📈
$UNI demonstrated how quickly an onchain product can grow once liquidity and user activity begin reinforcing each other.
$SYN may be approaching a similar phase through Hypercall.
According to Duncan Reucassel, Hypercall reached a new daily record with more than 200M USD in options notional traded.
Notional measures the reference exposure represented by the contracts. It is not the amount deposited, protocol revenue or guaranteed profit.
The important signal is that Hypercall’s options infrastructure processed its largest day so far shortly after internal market-making liquidity was expanded.
If this activity persists, the SYN conversation increasingly becomes one about a functioning options venue with measurable demand.
#Options #DeFi
$UNI demonstrated how quickly an onchain product can grow once liquidity and user activity begin reinforcing each other.
$SYN may be approaching a similar phase through Hypercall.
According to Duncan Reucassel, Hypercall reached a new daily record with more than 200M USD in options notional traded.
Notional measures the reference exposure represented by the contracts. It is not the amount deposited, protocol revenue or guaranteed profit.
The important signal is that Hypercall’s options infrastructure processed its largest day so far shortly after internal market-making liquidity was expanded.
If this activity persists, the SYN conversation increasingly becomes one about a functioning options venue with measurable demand.
#Options #DeFi
