Hypercall launches Anthropic-linked pre-IPO options market

The Hyperliquid-based options platform expects trading to begin Monday as Anthropic heads toward a November listing Hypercall is rolling out what it describes as the first options market tied to Anthropic before the AI company goes public. The onchain options platform expects trading to begin Monday, according to founder Jake Sylvestre and growth and marketing head Dan Edlebeck, who spoke with The Block. The timing is deliberate. Anthropic filed its S-1 with the SEC on October 26, 2026, and is targeting a November listing under the ticker ANT. Hypercall wants traders positioned before the opening bell, not after it. What Hypercall is actually offering Hypercall runs on the Hyperliquid L1 blockchain. It offers European-style options, which means contracts can only be exercised at expiry rather than at any point along the way. The contracts are cash-settled in USDC, the dollar-pegged stablecoin. Nobody is handed actual Anthropic shares. Traders simply receive the dollar difference if their bet pays off. Two other features stand out. Long options positions carry no liquidation risk, and the platform trades 24/7, weekends included. The numbers behind the platform Hypercall went live on...