Arthur Hayes, co-founder of BitMEX, purchased $2.2 million worth of Synthetix (SYN) tokens via an OTC deal before publicly endorsing Hypercall, a decentralized options exchange built on the Synapse Protocol. Following his endorsement, SYN’s price surged up to 40.9% in a single day. Hypercall aims to challenge Deribit by offering fully on-chain options trading using SYN as its governance token, avoiding token fragmentation common in DeFi. Hayes’ backing highlights potential growth for SYN if Hypercall gains traction in the crypto options market.
Arthur Hayes, co-founder of BitMEX, revealed a $2.2 million purchase of Synapse's SYN token following his endorsement of Hypercall, an options decentralized exchange (DEX) built on Hyperliquid. Hayes sees Hypercall as a strong challenger to establish...
Arthur Hayes, co-founder of BitMEX, purchased about $2.2 million worth of SYN tokens to support Hypercall, an onchain options platform built on the Hyperliquid network. He views Hypercall as a potential challenger to Deribit, the dominant crypto opti...
This week, major cryptocurrencies like Bitcoin and Ethereum remained weak due to ongoing macroeconomic uncertainty, while some low-cap altcoins saw significant gains. Velvet (VELVET) led with a 235% rally nearing its all-time high, supported by stron...
