Ask about Hypersurface

Logo of HypersurfaceHypersurface

Total Value Locked$461,416

TVL by Chain

Hyperliquid L1$457,669

Base$3,747

Key Metrics

Cumulative Fees$47
Cumulative Fees by chain

Hyperliquid L1$47

Base$0

Options Premium Volume 30d$65,209

$0

$0

$1.91m

Options Notional Volume 30d$5.23m

$0

$0

$139.14m

Protocol Information

DeFi structured products platform offering volatility yield through covered calls and cash-secured puts.

WebsiteX/Twitter
Category:Options

Audits:

Methodology

TVL: TVL includes tokens in MarginPool, HedgedPool, and Hedger contracts of every collateral pool (USDT0-collateral and USDC-collateral on HyperEVM, USDC-collateral on Base). LP positions held by the Hedger are unwrapped to their underlying tokens.View code on GitHubFees: Fees paid by usersView code on GitHubOptions Premium Volume: Sum of value paid buying and selling options on the exchangeView code on GitHubOptions Notional Volume: Sum of the notional value of all options that have been traded on the exchangeView code on GitHub

Competitors

Thetanuts Finance ($215,812)Prodigy.Fi V2 ($28,091)Deri V4 ($8.45m)Hypercall ($982,815)GammaSwap Open Interest ($227,922)Stryke CLAMM ($184,628)CallPut ($147,793)Jasper Vault ($41,057)BaseVol ($33,709)Fufuture V2 ($6,251)

Frequently Asked Questions

What is Hypersurface's TVL?

Hypersurface currently has $461,416 in total value locked. TVL has decreased 89.7% over the past 30 days.

What chains does Hypersurface operate on?

Hypersurface operates on 2 chains: Hyperliquid L1 and Base. Hyperliquid L1 holds the largest share at 99.2%.

How does Hypersurface's TVL compare to similar protocols?

Among Options protocols tracked by DefiLlama, Hypersurface ranks #12 by TVL. The category holds $32.02m across 70 protocols, and Hypersurface accounts for 1.4% of that total. Other leading protocols include Thetanuts Finance, Prodigy.Fi V2, Deri V4, Hypercall, GammaSwap Open Interest, Stryke CLAMM, CallPut, Jasper Vault, BaseVol, and Fufuture V2.