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1️⃣ How Hypersurface Actually Works There has been increasing interest in how on-chain options liquidity is created and how Hypersurface operates under the hood. 👇 This post breaks down the mechanics. - 2️⃣ How options liquidity works in traditional markets In OTC options markets, liquidity is not passive. When...

15,206 次观看 • 5 个月前 •via X (Twitter)

31 条评论

Ivan Labrie 的头像
Ivan Labrie5 个月前

I sell options on HS. I saw some critics saying they "trade with user money", this take just tells me people don't know how options work. You sell a call, someone takes the other side. They delta hedge. That's not trading your money, that's keeping the position solvent. Every options MM does this. If they didn't, the pool would be naked short options and that's how things blow up. What's actually interesting here is the hedge runs on-chain through contracts on HyperEVM. I can see it happening in real time. Good luck getting that kind of visibility from a CEX market maker. So people want on-chain options but don't want anyone hedging them? Pick one.😅

Hypersurface 的头像
Hypersurface5 个月前

🤝🤝

𝗗𝗮𝘃𝗲𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝘀𝘁 的头像
𝗗𝗮𝘃𝗲𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝘀𝘁5 个月前

HYPURRRRRRRSURFACE ON HYPURRRRRLIQUID

Hypersurface 的头像
Hypersurface5 个月前

💪

IceCold 的头像
IceCold5 个月前

thanks for the breakdown

Hypersurface 的头像
Hypersurface5 个月前

🤝🤝

BoldXBT 的头像
BoldXBT5 个月前

If anything, at least we have options in these volatile markets.

Hypersurface 的头像
Hypersurface5 个月前

💪💪

Syc.hype 的头像
Syc.hype5 个月前

Hypersurface always cooking

Hypersurface 的头像
Hypersurface5 个月前

🫶🫶

Perpetualchick.hl 的头像
Perpetualchick.hl5 个月前

I see rysk dev said this in their tg

Hypersurface 的头像
Hypersurface5 个月前

Hey @chickdothl. The truth is written in detail in this post. 🫶

bitcoinearly 的头像
bitcoinearly5 个月前

Question. In execution and hedging, it says “when a position enters the system” the algo computes and hedge. Why is there a fixed earning already displayed in the contract? Does this mean that you have already hedge this position?

Hypersurface 的头像
Hypersurface5 个月前

Hey @bitcoinearly. This expected APR is the premium the user receives for what the protocol is willing to pay for the long position. Users take short, and the protocol takes long.

Web3 Builder 的头像
Web3 Builder5 个月前

Hypersurface 🌊 🔥

Chat Finance 的头像
Chat Finance5 个月前

Where is the premium generated? Who’s paying for the premium?

JOMx 🌊 的头像
JOMx 🌊5 个月前

Clean execution! Hypuuuursurface 🌊🌊

Hypersurface 的头像
Hypersurface5 个月前

💪🫶

LollyTech 的头像
LollyTech5 个月前

This is cook

Hypersurface 的头像
Hypersurface5 个月前

🫶

Maven.HL 的头像
Maven.HL5 个月前

Great read 🌊

Hypersurface 的头像
Hypersurface5 个月前

🫶🫶

Emődi Szabolcs 的头像
Emődi Szabolcs5 个月前

This breakdown really clarifies the workings behind liquidity in options. Always good to see the mechanics laid out clearly.

Hazel Olivia 的头像
Hazel Olivia5 个月前

Insightful breakdown of options liquidity mechanics. The comparison to traditional markets helps clarify things.

MATH 的头像
MATH5 个月前

We’ll explain 💪

HypeRPC 的头像
HypeRPC5 个月前

Hyperliquid

Hypersurface 的头像
Hypersurface5 个月前

Hyperliquid

bitcoinearly 的头像
bitcoinearly5 个月前

Question. When claiming contracts after expiry, It mostly fail for me that I go and make a ticket and team asks for my wallet address before it can be resolved. Why is this? Is the claiming gated by the team by any chance?

bitcoinearly 的头像
bitcoinearly5 个月前

What risk then is Hypersurface taking?

npcselection 的头像
npcselection5 个月前

Powered by Hyperliquid

bitcoinearly 的头像
bitcoinearly5 个月前

Other question. Will there be an instance that Hypersurface cannot pay the contract after expiry? What are the instances, black swan scenarios that we should watch out for?

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