Hyper-Liquid Corporation to Utilize HYPE Holdings as Collateral for Option Trading

On the 4th, Hyperion DeFi, a Hyper-Liquid holding company, announced a new strategy to utilize its HYPE tokens as collateral for option trading. This mechanism enables the company to generate additional revenue without having to sell its assets. Hyperion DeFi, an investment firm specializing in HYPE and listed on NASDAQ, holds approximately 1.42 million HYPE tokens (valued at about $47.8 million or approximately 7.5 billion yen). In this strategy, the company provides its HYPE tokens as collateral and acts as the seller in the option contracts. Specific strategies include covered calls and cash-secured puts...