The team at Convexity Labs has just launched opt.fun, an options trading platform on Hyperliquid’s HyperEVM that enables traders to engage in 1-minute expiry at-the-money (ATM) options. This cutting-edge platform is designed to elevate short-term trading strategies with its streamlined experience, featuring automated settlement and efficient collateral management. — Opt.fun offers an impressive leverage of up to 1000x on deposited collateral, with each trading cycle lasting precisely 60 seconds from start to finish. This unique approach caters to the growing demand for quick and dynamic trading, allowing users to capitalize on market movements with ease. A New Era of Rapid Trading Every minute, a new trading cycle begins, capturing the current Hypercore Oracle Price as the strike. During this 60-second window, traders can choose to go "Long" (buy a Call and sell a Put) or "Short" (buy a Put and sell a Call). Once the minute is up, the platform retrieves the final oracle price, determines which options expired in-the-money (ITM), and automatically distributes payouts to winning positions while releasing collateral from losing ones. “Opt.fun is set to transform short-term trading. It’s dynamic, efficient, and fun. Traders of all sizes can seize every market movement, thanks to our rapid cycle and instant settlements. You receive immediate feedback on your trading performance every minute, providing a fresh opportunity to adjust your strategy.” Ryan Galvankar, Founder of opt.fun From a risk management standpoint, opt.fun’s non-custodial architecture ensures that users retain control over their funds, while a transparent public order book enhances price efficiency. Additional risk management features include a public codebase, on-chain transactions, isolated cycles to mitigate risk contamination, and transparent pricing powered by on-chain oracle feeds. Get Started Today Launching today, opt.fun is dedicated to maximizing leverage for traders, regardless of their capital size, enabling them to take advantage of market opportunities through a user-friendly platform. For more information, visit opt.fun. Disclaimer: The trading of digital assets with high leverage involves substantial risk, including total loss of capital. This release is for informational purposes only and is not financial advice. — About opt.fun opt.fun is a decentralized options trading platform built on Hyperliquid's HyperEVM, specializing in 1-minute expiry at-the-money (ATM) options. With a focus on speed, high leverage, and automated settlement, opt.fun provides a unique and exciting environment for high-volatility trading. For more information, please visit opt.fun