what's Hypercall?

Hypercall is an on-chain options trading platform built on Hyperliquid, enabling users to trade options across all assets available on the exchange, including the most liquid cryptocurrencies and tokenized stocks. Launched after six months of development, it provides spot, perpetuals, and options in a fully on-chain environment with enhanced trading capabilities. Key features include Hyperliquid's cross-margin system for superior options pricing compared to centralized venues, support for fractional position sizes allowing purchases in any quantity, and leveraged upside exposure without liquidation risk—differing from perpetual futures. This setup aims to deliver a high-quality, seamless on-chain options experience integrated with Hyperliquid's ecosystem.

Hypercall enabled fiat onboarding integration for its platform.