Hypercall
SYNLiquidation-free on-chain options protocol built on Hyperliquid
Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 1.58% | 0.41% | 5.86% | 1.73% | 76.16% | 24.73% |
Revenue & Burn
Protocol income
$415.97Buyback funds
$0Burn funds
--Buyback ratio
0.0%Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Oct 2026 | $415.97 | $0 | -- | 0.0% |
| Sep 2026 | $1K | $0 | -- | 0.0% |
| Aug 2026 | $983.57 | $0 | -- | 0.0% |
| Jul 2026 | $810.72 | $0 | -- | 0.0% |
| Jun 2026 | $1.33K | $0 | -- | 0.0% |
| May 2026 | $658.16 | $0 | -- | 0.0% |
Comparison
Team
Investment
Parent Company
On-chain Holding
| Holding Token | Price | Amount | Total Value |
|---|---|---|---|
| No Data | |||
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| Binance 8 (acec) | ![]() SYN | 40,912,983 | 16.37% | $7.41M |
| 0x0000...e60f | ![]() SYN | 36,493,367.89 | 14.6% | $6.61M |
| 0xc80a...2416 | ![]() SYN | 20,274,797.88 | 8.11% | $3.67M |
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | SYN/WETH | $0.04039 | $45 | $45 | $11 | 0.00% |
Follow Updates
Follow Lists
People
About Hypercall
Hypercall is an on-chain options layer built on Hyperliquid, launched by the Synapse team. It offers decentralized options trading for assets like SpaceX (SPCX) and S&P 500 (SP500), with features such as calls, puts, spreads, and portfolio margining. The core value proposition is its deep integration with Hyperliquid's perps market, allowing market makers to hedge delta exposure in the same venue and margin account, reducing capital inefficiency and improving liquidity.
The market pain point it addresses is the historical failure of DeFi options platforms due to fragmented liquidity, high hedging costs, and poor execution. By leveraging Hyperliquid's high-performance infrastructure and existing liquidity, Hypercall aims to provide tighter spreads and a professional trading experience.
In the past six months (March to September 2026), Hypercall launched its testnet in March, mainnet in June with SPCX options, and added SP500 options trading in late June. However, the token has faced challenges: Binance flagged SYN for volatility in May, and Bitget delisted SYN/USDT in June, reflecting concerns about the project's pivot and sustained traction. While early volume figures are cited, the platform still needs to prove long-term liquidity and user retention beyond the initial hype.
Founders and current core executives (based on Hypercall-related team):
Founder & Core Developer: Jake Sylvestre (Twitter @trajan0x), founder of the original Synapse bridge protocol, previously led Nerve Finance development. The team had no VC backing, and the bridge processed over $55B in cumulative volume with no major security incidents.
COO: Max Bronstein, joined March 2022, former Institutional Sales & Coverage at Coinbase, co-built DeFi lending market Dharma.
Other core contributors (pseudonymous, non-executive): AureliusBTC, Socrates0x, Caesar0x, ChiTimesChi, all early Nerve Finance/Synapse team members.
Note: No other public core executive info.

