Liquidity on an exchange is a flywheel. Tight prices bring traders, and their flow brings makers who tighten prices further. The first turns are hard.
We're starting ours with SLP, which is HLP for options, and 1,000,000 SYN a month for the makers who win the most flow.
Tokenized stocks shouldn't sit idle. Soon, xStocks holders will be able to earn premiums by selling covered calls on their positions. Options settle fully onchain, built on Hyperliquid and powered by @SynapseProtocol.
Your tokenized stocks, now with yield.
Small premium. Big exposure.
Today a trader's SNDK put on Hypercall closed $1,128.39 in profit on a $70.59 cost basis.
The power of buying options: asymmetric returns, with loss capped at your premium + fees.