Total Value Locked$10,630
TVL by Chain
Hyperliquid L1$10,479
Base$150.70
Key Metrics
Cumulative Fees$47
Cumulative Fees by chain
Hyperliquid L1$47
Base$0
Options Premium Volume 30d$92.66
$0
$0
$1.91m
Options Notional Volume 30d$10,677
$0
$0
$139.14m
Protocol Information
DeFi structured products platform offering volatility yield through covered calls and cash-secured puts.
Audits:
Methodology
TVL: TVL includes tokens in MarginPool, HedgedPool, and Hedger contracts of every collateral pool (USDT0-collateral and USDC-collateral on HyperEVM, USDC-collateral on Base). LP positions held by the Hedger are unwrapped to their underlying tokens.View code on GitHubFees: Fees paid by usersView code on GitHubOptions Premium Volume: Sum of value paid buying and selling options on the exchangeView code on GitHubOptions Notional Volume: Sum of the notional value of all options that have been traded on the exchangeView code on GitHubCompetitors
Frequently Asked Questions
What is Hypersurface's TVL?
Hypersurface currently has $10,630 in total value locked. TVL has decreased 99.8% over the past 30 days.
What chains does Hypersurface operate on?
Hypersurface operates on 2 chains: Hyperliquid L1 and Base. Hyperliquid L1 holds the largest share at 98.6%.
How does Hypersurface's TVL compare to similar protocols?
Among Options protocols tracked by DefiLlama, Hypersurface ranks #42 by TVL. The category holds $139.13m across 72 protocols, and Hypersurface accounts for <0.1% of that total. Other leading protocols include Thetanuts Finance, Prodigy.Fi V2, Deri V4, Hypercall, Stryke CLAMM, CallPut, GammaSwap Open Interest, Jasper Vault, BaseVol, and Fufuture V2.