S&P 500 options drive most of Hypercall's $640M volume on Hyperliquid
- —Hypercall's volume since June reached $640 million
- —Most of the volume came from S&P 500 options
- —The exchange is built on Hyperliquid
Why it matters: The surge in index options trading on a crypto platform highlights the convergence of crypto and traditional derivatives markets.
Source: CoinDesk