Hypercall Documentation
Welcome to Hypercall - the on-chain options exchange built on Hyperliquid.
Get Started
Trading Manually
Trade options through the Hypercall web interface.
API Trading
Programmatic access for market makers and integrators.
Contracts
Smart contract architecture and direct on-chain integration.
Trading Competition
$1,000 Trading Competition - Earn positive competition PnL, increase its Score multiplier with qualifying volume, and compete for $400, $250, $150, $120, and $80 prizes paid in SYN. The competition starts August 28, 2026 at 12:00 AM ET (04:00 UTC). The exact end timestamp and fixed SYN token amount for every prize will be published before the competition begins.
Core Concepts
- Introduction - Platform overview and architecture
- Margining - How margin, collateral, and liquidation work
- Venue Rules - Instruments, order lifecycle, and trading rules
Learn Options
- Options Explainers (0→1) - Beginner course covering calls, puts, Greeks, and basic strategies
- Reading Volatility (1→2) - Intermediate course on vol surfaces, skew, and advanced Greeks
- Reference - Quick-reference pages for pricing models, Greeks, and trading concepts
Governance
- DAO - Governance overview
- Token - Token utility and distribution
- Brand Assets - Logos and guidelines