Hyperliquid Founder Jeff Yan Says He Would Focus on Options Trading if Starting Over Today
Summary
- Hyperliquid founder Jeff Yan said he sees growth potential in the digital-asset options trading market.
- Yan said Hyperliquid HIP-4 provides a suitable foundation for building an options trading protocol, with access to existing spot trading, an order book, and a portfolio margin system.
- He said perpetual futures contracts can hedge the price risk of options trading, adding that the digital-asset market still lacks an example of a broad options user base.
Forecast Trend Report by Period
Jeff Yan, founder of decentralized derivatives exchange Hyperliquid, said he sees growth potential in the digital-asset options market.
BlockBeats reported on October 8 that Yan said in an interview he would study options trading if he were starting a company again today, citing strong user demand for the sector.
Perpetual futures contracts meet most user demand, he said, but some investors feel those products do not fully reflect their market views.
Yan added that Hyperliquid's HIP-4 is a suitable foundation for building an options-trading protocol. It can make use of the platform's existing spot market, order book and portfolio margin system, while perpetual futures can be used to hedge the price risk of options trading.
He also said products such as options are already widely adopted in traditional finance, but the digital-asset market still lacks a platform with a broad options user base.
Uk Jin
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