Market Maker Protection (MMP)

Market Maker Protection (MMP) is part of the Hypercall documentation for traders, market makers and integrators using the onchain options venue.

Mainnet status: Hypercall Mainnet Alpha is live with real USDC funding. Anthropic-linked options were announced for Nov 9, 2026 at 13:00 UTC; use Trade to check the current market state.

Key points

Venue rules define how orders are prioritized and executed.
Oracle and volatility inputs affect pricing, risk and settlement workflows.
Market-maker protections and failure handling help contain abnormal execution conditions.
Fees and incentives can affect effective execution costs and quoting behavior.

How this fits Hypercall mainnet

This page documents market-structure rules used by the Hypercall venue. Execution, quoting and protection rules exist to keep option order handling deterministic and understandable for traders and market makers.

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.

View live markets, expiries, strikes and account actions in the trading interface.

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