Crypto
Hyperion to expand options income using HYPE as collateral
Hyperion DeFi Inc, a Hyperliquid digital-asset treasury company, is pursuing an options-collateral strategy using its HYPE holdings. According to a recent report by The Block, CFO David Knox said the goal is to generate premium and fee income by providing options collateral, excluding directional trading or speculation. The company said it plans to build a transparent on-chain options vault with the Rysk protocol and later open it to institutional HYPE holders.