Jeff Yan: If I Were Building a Product Today, I'd Look Into Options

Hyperliquid Labs co-founder Jeff Yansaid at DAS Asia 2026 on October 7 that a year ago, he was still unsure whether options traders would eventually all prefer perpetuals, but he now believes the answer is no. Yan said perpetuals already satisfy the needs of many users, but some traders still feel that perpetuals alone cannot express all of their views on the market. In his view, options and perpetuals are therefore more complementary products that serve different purposes. He also said HIP-4 provides a straightforward path for building options protocols on Hyperliquid.