Hyperliquid Exchange Gains Traction for After-Hours Trading
- Hyperliquid is recognized as a leading platform for trading outside regular exchange hours.
- Market makers on Hyperliquid hedge using perpetual futures even on weekends, when traditional markets are closed.
- Options on individual stocks like SpaceX, Nvidia, and Micron account for over half of all trades on the platform.
- User collateral is managed on-chain, while order matching occurs off-chain.
- Currently, two market makers are active with three more expected to join soon.
The ability to trade options on assets not listed by major exchanges like Deribit enhances Hyperliquid’s appeal among traders seeking diverse opportunities. This includes significant trading in popular stocks such as bitcoin and ether.
With options trading for notable companies making up a substantial portion of activity, Hyperliquid is positioning itself as a key player in the cryptocurrency options market.(Source)
