HYPE Treasury Company Hyperliquid Strategies Launches 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 U.S. Nasdaq options market. This move aims to enhance the liquidity and price discovery mechanism of PURR stock. PURR stock provides investors with a capital-efficient channel to gain exposure to 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 stated: "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 noted that the launch of options comes at a time when Hyperliquid is experiencing record-breaking growth, driven by surging trading volumes in oil perpetual contracts and other tokenized real-world assets. Within just six months of its launch, Hyperliquid's perpetual futures market for tokenized traditional assets, HIP-3, has reached a new peak with total open interest of $1.74 billion.