- Hyperliquid launches PURR options with the aim of making it easier for investors to trade shares and manage risk.
- $HYPE token climbs 5% in 24 hours, which maintains a positive trend even in crypto market pressures
Hyperliquid Strategies is deepening its footprint in crypto-linked equities with the launch of options trading for its PURR stock on the Nashdaq options market, which is mainly to enhance liquidity, price discovery, and risk management for investors.
The official statement released on March 24, says that the launch is expected to make it easier to buy and sell PURR shares and help set a fair market price. These shares give investors a cost-efficient way to gain exposure to Hyperliquid’s native token, $HYPE.
The company mainly focuses on collecting $HYPE tokens and increasing their value through methods like staking, earning rewards, and actively participating in its ecosystem.
According to CEO David Schamis, the new PURR options give investors an easier way to handle risks while getting involved in the company’s fast-growing ecosystem.
Further, Schamis said that the launch comes as Hyperliquid sees record activity on its platform.
While trading in tokenized assets like oil futures has been booming, and the company’s new HIP-3 markets, which let users trade futures tied to real-world assets that have already reached $1.74 billion in open positions just six months after starting.
$HYPE Surges While PURR Stock Holds Steady
While writing, $HYPE is trading at $40.23 and it surges more than 5% in the last 24 hours. Even in the prolonged downturn of crypto market and geopolitical tensions, $HYPE is nearly 49% up over the past month, as per CoinMarketCap.
Meanwhile, the 24-hour trading volume is low over 24%. Also, the $HYPE token is trading 32% down from its last all-time high of $59.39 in September 2025.
According to Google Finance data, Hyperliquid Strategies Inc’s stock PURR is currently priced at $5.29, with no change during the regular trading day. Earlier, it reached $5.49, up by 3.78%.
