The team at Convexity Labs has recently unveiled opt.fun, a groundbreaking options trading platform on Hyperliquid’s HyperEVM. This platform allows traders to participate in 1-minute expiry at-the-money (ATM) options, revolutionizing short-term trading strategies. With automated settlement and efficient collateral management, opt.fun offers a streamlined trading experience.
Opt.fun boasts an impressive leverage of up to 1000x on deposited collateral, with each trading cycle lasting precisely 60 seconds. This innovative approach meets the growing demand for fast and dynamic trading, enabling users to capitalize on market movements effortlessly.
A New Era of Rapid Trading
Every minute, a new trading cycle begins, using the current Hypercore Oracle Price as the strike. Traders can choose to go “Long” (buy a Call and sell a Put) or “Short” (buy a Put and sell a Call) within this 60-second window. At the end of the cycle, the platform determines which options expired in-the-money (ITM) and automatically distributes payouts to winning positions while releasing collateral from losing ones.
“Opt.fun is poised to revolutionize short-term trading. It’s dynamic, efficient, and enjoyable. Traders of all levels can seize every market opportunity thanks to our rapid cycles and instant settlements. You receive immediate feedback on your trading performance every minute, offering a fresh chance to adjust your strategy.” – Ryan Galvankar, Founder of opt.fun
From a risk management perspective, opt.fun’s non-custodial architecture ensures users have control over their funds. A transparent public order book enhances price efficiency, while additional risk management features include a public codebase, on-chain transactions, isolated cycles to reduce risk contamination, and transparent pricing powered by on-chain oracle feeds.
Get Started Today
opt.fun launches today, dedicated to maximizing leverage for traders of all sizes and allowing them to capitalize on market opportunities through a user-friendly platform. For more information, visit opt.fun.
Disclaimer: Trading digital assets with high leverage carries significant risks, including the potential for total loss of capital. This release is for informational purposes only and does not constitute financial advice.
About opt.fun
opt.fun is a decentralized options trading platform built on Hyperliquid’s HyperEVM, specializing in 1-minute expiry at-the-money (ATM) options. Focused on speed, high leverage, and automated settlement, opt.fun offers a unique and exciting environment for high-volatility trading. For more information, please visit opt.fun.
