Update
Hypercall Records $592M in S&P 500 Options Volume
Hypercall, an on-chain options platform built on the Hyperliquid L1 blockchain, has recorded $592 million in S&P 500 options volume since its launch on June 1, 2026. The platform, which initially focused on options on SpaceX, has since become the lead product by trading activity, with September 2026 alone seeing a record $536 million in notional volume. Hypercall's features, including round-the-clock access and shared-margin hedging, have encouraged retail participation and attracted traders interested in crypto-style equity products.