Hypercall, the onchain options trading platform built on Hyperliquid, announced it will launch the world's first 24/7 Anthropic-linked options market on Monday, November 9, at 8 a.m. EST. The contracts allow traders to take positions on Anthropic's future through calls, puts, spreads and volatility strategies before the AI company's highly anticipated initial public offering.
The move matters because it introduces a new layer of price discovery around Anthropic (NASDAQ: ANT), the company behind Claude, whose October 26 IPO filing triggered speculation on its valuation through pre-IPO perpetual futures on Hyperliquid. Hypercall now fills the missing options market, enabling traders to hedge downside, position for volatility and define risk rather than simply betting on whether Anthropic's valuation will rise or fall. The platform's launch was announced via www.newmediawire.com.
"Anthropic already has a price. Now it has an options market," said Jake Sylvestre, founder of Hypercall. "Traders can do more than bet on what the company is worth. They can protect against downside, position for a major move in either direction and choose exactly how much they are willing to risk. We're bringing an entirely new level of sophistication to trading one of the biggest IPOs in history, and we're making it available around the clock."
The contracts extend Hypercall's existing options platform to the Anthropic pre-IPO market, offering 24/7 trading that lets users react to breaking news without waiting for traditional exchange hours; calls, puts and multi-leg spreads for bullish, bearish and volatility-driven views; fractional sizing with defined risk, where buyers of fully paid long options can lose no more than their premium and are not subject to liquidation before expiration; and integrated hedging with portfolio margin. Hypercall connects directly to Hyperliquid's perpetual futures markets, allowing market makers and traders to hedge exposures while recognizing offsetting positions within a unified USDC-margined account.
That integration is particularly significant for the Anthropic launch. Options markets depend on market makers being able to hedge efficiently, and by tapping into Hyperliquid's continuously traded perpetual futures, Hypercall enables options liquidity and hedging even when traditional financial markets are closed.
The launch follows rapid growth for Hypercall, which reported $536 million in options notional trading volume during September 2026. The platform already offers fractional options on SpaceX, the S&P 500, major publicly traded equities and cryptocurrencies. With Anthropic's IPO approaching, the new market introduces another measure of investor expectations: not merely what traders believe the company is worth, but how they price the uncertainty surrounding its public debut.
Anthropic-linked options are available beginning November 9 at 8 a.m. EST on app.hypercall.xyz. The contracts are synthetic, cash-settled derivatives and do not represent Anthropic shares, IPO allocations or ownership rights in the company. For traders, the launch means round-the-clock access to sophisticated risk-management tools tied to a company whose public debut could reshape expectations for AI valuations. For the broader market, it signals a continued blurring of lines between traditional finance and onchain derivatives, with Hypercall positioning itself at the intersection of both.
More information is available at Hypercall.
