HYPE Treasury Company Hyperliquid Strategies has launched common stock PURR options trading on Nasdaq

BlockBeats News, March 25 — According to a company press release, HYPE Treasury Company Hyperliquid Strategies Inc announced on Tuesday that it has launched options trading for its common stock PURR on the NASDAQ Options Market in the United States. This move aims to improve liquidity and price discovery for PURR stock. PURR stock provides investors with a capital-efficient way to access Hyperliquid's native token HYPE. Hyperliquid Strategies primarily accumulates HYPE tokens through staking, yield optimization, and ecosystem participation to maximize shareholder value.

Hyperliquid Strategies CEO David Schamis said, "This is an important milestone for the company. PURR options enable our investors to better manage risk and participate in the rapid growth of Hyperliquid's high-performance ecosystem."

Schamis pointed out that as the options go live, Hyperliquid is experiencing record-breaking growth, driven by a surge in trading volume of perpetual contracts on oil and other tokenized real-world assets. Just six months after launch, the total open interest in Hyperliquid's perpetual futures market HIP-3 for tokenized traditional assets has reached a new peak of $1.74 billion.