Hyperion DeFi Inc. (NASDAQ: HYPD), a Hyperliquid digital-asset treasury company, is pursuing an options-collateral strategy using its HYPE holdings.
According to a recent report by The Block, Hyperion CFO David Knox said, "The goal is to generate premium and fee income by providing options collateral, excluding directional trading and speculation."
It plans to secure additional returns through HYPE token staking.
Hyperion said it will build a transparent on-chain options vault to improve execution efficiency and price competitiveness and maximise the profitability of its HYPE holdings. To that end, it will work with the Rysk protocol to set up an on-chain options vault and later open it to institutional HYPE holders as well.