opt.fun, a decentralized options trading platform, today announced the launch of its innovative 1-minute expiry options on Hyperliquid’s HyperEVM.
Addressing the surging demand for rapid-fire trading, opt.fun uniquely enables users to trade with up to 1000x leverage over a 60-second expiry cycle through at-the-money options. This streamlined approach, powered by automated settlement and collateral management, firmly positions opt.fun as a game-changer for short-term trading strategies, delivering instant action.
Every minute, a new 1-minute cycle commences, capturing the current Hypercore Oracle Price as the strike. During the 60-second trading window, traders can place “Long” (buying a Call and selling a Put) or “Short” (buying a Put and selling a Call) orders. At expiry, the platform fetches the final oracle price, determines which options expired ITM, automatically distributes payouts to winning positions, and releases collateral from losing positions.
“opt.fun is poised to revolutionize short-term trading. It’s dynamic, efficient, and fun. Traders worldwide are empowered to capitalize on every market movement, whether they have a small or large capital base,” said Ryan Galvankar, Founder of opt.fun. “Extremely short duration and lightning fast settlement keep the platform engaging, and allow traders to better manage their risk. Every minute, you get feedback on your trading performance via profit or loss, and a clean slate to try again.”
From a risk management perspective, the platform’s non-custodial design ensures users maintain control of funds, while a public order book guarantees transparency and price efficiency. Other notable risk management features include an open codebase and on-chain transactions for trust, isolated cycles to prevent cross-contamination of risk, and transparent pricing via on-chain oracle feeds.
Launching today, opt.fun aims to deliver the maximum leverage possible for traders, both big and small, to capitalize on market opportunities through a streamlined and efficient platform. For more information, visit opt.fun.