Synapse Labs Re-poster

Our team is happy to share a few important insights drawn from our recent activity. Throughout the past month, Hypercall represented 96% of the entire on-chain RWA options market. On top of that, we successfully processed a multiple of the RWA options volume compared to the CEX bybits. Allow us to walk you through the key lessons we took away from these milestones.

Welcome to Hypercall Spaces. In this edition, we take a closer look at SP500 Options and Builder Codes, while also breaking down exactly what it takes to construct options on the Hyperliquid platform.

Hypercall Spaces Insights: A Closer Look at SP500 Options, Builder Codes, and the True Significance of Developing Options on the Hyperliquid Platform

In exactly 30 minutes, the Hypercall team will be going live on X Spaces for an insightful and friendly conversation covering several key market developments. During this broadcast, we plan to take a closer look at @sonic_strategy to understand the specific impacts that DATs are having on options flows. We will also spend time breaking down the SP500 trade, where we will explore how delta hedging activities on @tradexyz directly influence $HYPE. Additionally, our discussion will highlight various builder codes projects, with a special spotlight on @Scenarios_fi. To wrap up the session, we will delve into the mechanics of combo books and review the latest new assets entering the space, covering both crypto and rwas. Be sure to tune in and join our community for this valuable update.

Recently on the Hyperliquid platform, a solitary options transaction managed to capture 15% of the total SP500 trading volume. You might be curious about how this was achieved. The underlying strategy centered around a 7,730 and 7,710 put spread that carried a premium of $7,100. Over a timeframe of just 15 hours, this single position necessitated $14.8M in hedging activity. Let us break down exactly how this fascinating process unfolded.

Hypercall settlements are now officially handled by Hyperliquid. Following this integration, we are pleased to share that $SYN has also been added to the platform for trading. You can access the active spot market at any time, as it remains open around the clock every day of the week. Find the SYN/USDC trading pair right here:
https://app.hyperliquid.xyz/trade/SYN/USDC

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Major headlines regarding a war broke late Friday evening, right after the regular market session concluded. With both the NYSE and CBOE completely shut down for the weekend, conventional investors were left with absolutely no options to adjust their portfolios until Monday morning.

One particular market participant, however, decided against waiting around. While the weekend was still underway, this individual initiated a position of $10,022 in $SPX put spreads, representing a notional value of $46.5M.

This trade was executed entirely on Hypercall. Let us dive into the details of this transaction 🧵

Since the rollout of Earn yesterday, our team has spotted multiple unofficial Telegram communities emerging. Please note that there is exclusively one legitimate Hypercall Telegram group, which can be accessed via this link:

https://t.me/hypercall_trollbox

To ensure your safety, you can always verify this authentic group link directly on our website.

For the period of Aug 24-30, Hypercall evaluated its settled option positions and identified the three best performers based on net return. The NVDA $220P took the lead with an extraordinary +7,055.4% gain. Coming in second was the SP500 7,730P, which delivered a remarkable +3,746.9% increase. Rounding out the top three was the MU $930P, yielding a solid +335.4%. It is truly Options Season.

The launch of HIP-4 permissionless deployments on the mainnet makes this an ideal moment to share this update once again. Very soon, Hypercall will give everyone the ability to blend Perps and HIP-4 to form vanilla options, utilizing a single unified margining engine. Options remain the most popular retail instrument worldwide, and the specific pairing of HIP-4 and Perps is ideally suited for generating options liquidity. Allow me to break down exactly how this functions 🧵

Our latest contest officially begins right at midnight. Participants will be competing for a share of a $1,000 prize pool, which will be awarded to 5 lucky winners. We warmly invite you to enter and seize this exciting opportunity.

The earnings report for $NVDA will be released in exactly 1 hour. Join us to explore how individuals are currently setting up their market positions on the Hypercall platform.

We are absolutely delighted to share that the Hypercalls Typescript SDK is officially available to the public.

https://docs.hypercall.xyz/docs/trading/over-api/typescript-sdk/

This release marks a significant milestone for our builder code partners. By providing access to a thoroughly proven library, we are enabling developers to launch their projects with confidence, completely removing the need to rely on custom-built alternatives.