Architecture
Understand Hypercall architecture across order intake, matching, risk checks, lifecycle events, market-maker hedging and settlement.
Key points
- Hypercall is an onchain options venue built around Hyperliquid liquidity.
- Mainnet uses real USDC funding and live option markets.
- The platform supports calls, puts and multi-leg option structures across multiple underlyings.
- Use the live app for current availability and the docs for execution, risk and integration details.
How this fits Hypercall mainnet
This page is part of the Hypercall documentation set for options trading on Hyperliquid.
Hypercall launched mainnet with live USDC funding and SPCX options, then expanded the venue with additional index, equity and crypto markets. For time-sensitive values such as prices, expiries, available strikes, APR, rewards or account limits, use the live app rather than a cached documentation page.
Anthropic options update
Hypercall announced 24/7 Anthropic-linked pre-IPO options for November 9, 2026 at 8:00 a.m. EST (13:00 UTC). The announced product includes calls, puts, spreads and volatility strategies. These are synthetic, cash-settled derivatives and do not represent Anthropic shares, IPO allocations or ownership rights.
Open Hypercall
View live markets, expiries, strikes and account actions in the trading interface.
Architecture FAQ
What is Architecture on Hypercall?
Understand Hypercall architecture across order intake, matching, risk checks, lifecycle events, market-maker hedging and settlement.
Is Architecture relevant to Hypercall mainnet?
Yes. This documentation is maintained for the Hypercall mainnet trading and integration experience. Current market availability and account state should be checked in the live app.
Where can I trade Hypercall options?
Use the Trade page on app.hypercall.finance to view currently available underlyings, expiries, strikes and account actions.