CoinMeta Data: S&P 500 options have become a popular trading choice on the Hyperliquid exchange. Since its launch in June, 80% of the $640 million in nominal trading volume has come from S&P 500 options. The current open interest is worth approximately $49 million, of which $47 million is for S&P 500 options. The Hypercall platform allows traders to access financial instruments when the regular markets are closed, meeting the market's demand for derivatives from traditional markets. The decentralized exchange on Hyperliquid has become the preferred place for trading on weekends, with market makers conducting hedging when the cash stock markets are closed.