Decentralized Options
for Real World Assets
Trade options on equity indices, stocks, commodities, FX, bonds, and ETFs — all settled on-chain with zero protocol fees. No intermediaries. No counterparty risk.
Markets
Every Asset Class. One Protocol.
Access 49+ options markets across 6 asset classes. From the S&P 500 to Gold, from EUR/USD to US Treasuries.
Trade options on the world's most liquid indices — from the S&P 500 to the Nikkei 225.
Options Chain
Institutional-Grade Options Interface
Familiar layout. Real-time pricing. Fully on-chain settlement.
| Vol | IV | Bid | Ask | Strike | Bid | Ask | IV | Vol |
|---|---|---|---|---|---|---|---|---|
| Calls | Puts | |||||||
| — | — | — | — | 5,450 | — | — | — | — |
| — | — | — | — | 5,500 | — | — | — | — |
| — | — | — | — | 5,550 | — | — | — | — |
| — | — | — | — | 5,600 | — | — | — | — |
| — | — | — | — | 5,650 | — | — | — | — |
| — | — | — | — | 5,700 | — | — | — | — |
| — | — | — | — | 5,750 | — | — | — | — |
How It Works
From Wallet to Options in Minutes
No account creation. No custody. No counterparty risk. Just connect and trade.
Connect Wallet
Link your Web3 wallet. No KYC. No centralized custody. Your keys, your assets.
Select Your Market
Choose from 200+ markets across equities, indices, commodities, FX, bonds, and ETFs.
Trade Options On-Chain
Buy or sell calls and puts with transparent pricing. Smart contracts handle settlement.
Collect or Exercise
Options settle automatically at expiry. Collect premiums or exercise in one click.
Features
Built for Serious Traders
Institutional-grade infrastructure meets the permissionless nature of DeFi.
No Counterparty Risk
Smart contracts act as the clearinghouse. No centralized entity can freeze your funds or default on settlement.
Sub-Second Execution
Built on high-performance L2 infrastructure. Orders execute in milliseconds with near-zero gas fees.
Full Transparency
Every trade, every settlement, every oracle price feed is verifiable on-chain. No hidden order flow.
Self-Custody
Your assets remain in your wallet until trade execution. No deposits to a centralized exchange needed.
24/7 Global Access
Trade options on any asset class, from anywhere in the world, at any time. Markets never close.
0% Protocol Fees
HyperDex charges zero protocol fees on all trades. No hidden costs, no spreads markup, no withdrawal fees. The entire premium goes to the market.
Protocol Specs
Built for Performance
The Future of Options Trading is On-Chain
Access institutional-grade options markets without intermediaries. No KYC. No custody risk. Just trade.