Hypercall, an onchain options platform built on the Hyperliquid L1 blockchain, is launching a market for Anthropic pre-IPO options. Trading is expected to commence on Monday, ahead of the company's planned November listing under the ticker ANT.
The platform offers European-style options that are cash-settled in USDC. These contracts do not involve actual shares of Anthropic. Long positions on the platform carry no liquidation risk, and trading is available 24/7.
Hypercall launched on mainnet on June 1, 2026, with SpaceX options as its first product. By early October 2026, the platform reported a cumulative notional options volume of nearly $592 million, with $536 million generated in September alone.
The majority of the platform's volume currently stems from S&P 500 contracts. Founder Jake Sylvestre, who previously developed the Synapse protocol with over $55–60 billion in volume, aims to provide retail investors with synthetic exposure to private companies.
