As for next steps:
- Later today, we'll be listing Vanillas through June 31st on $SPCX. Caps will be more conservative than they were this week, but by the end of next week, they should allow for millions in OI
- We've gotten a ton of feedback that we're going to incorporate
Overall - we proved what we set out to do this week:
- There's an immense taker demand for vanilla options on chain
- This market can be unlocked by putting them into an easy-to-use, Robinhood-esque interface
- Hyperliquid, as the cheapest delta hedging venue, adds a structural
We'll also be pushing our new insight publication back to tomorrow, as well as the publication of our dev update, to allow us to add reflections from today.
Today, Hypercall settled nearly $1.1 million in OI in SPCX Options.
As the only venue to trade options on $SPCX we saw a lot of demand beyond this that will require upgrades to our liquidity provisioning- like portfolio margining ( coming out this coming week)
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