Straddlefi

Options DEX on HyperEVM with weekly options, vaults, payoff graphs, and Hyperliquid futures integration for seamless hedging and strategy building.

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Categories

  • 02. 🚀 Hyperliquid Frontier Track
  • 03. 🧪 Precompiles + CoreWriter Exploration Track

Description

🧠 Project Name

StraddleFi 

🔍 Description

StraddleFi solves the fragmented crypto options market by delivering the first complete on-chain options ecosystem built on HyperEVM. We unify options, futures, and spot trading with professional-grade tools, addressing the critical problem that 95% of options volume remains on centralized exchanges due to fragmented, clunky DEX experiences. StraddleFi provides institutional-quality infrastructure with retail-friendly interfaces, enabling sophisticated trading strategies previously impossible in DeFi. Our protocol combines European-style options with advanced quantitative strategies, offering delta-neutral yield generation through automated hedging via Hyperliquid's HyperCore integration.

🛠️ How It Works & Advanced Features

🎯 Complete Smart Contract Architecture

Core Trading Infrastructure:

  • OptionToken (ERC-1155) - Gas-optimized options with packed tokenIds supporting multiple series efficiently

  • OptionFactory - P2P option trading with industry-standard maker/taker fees (0.015%/0.03%) based on underlying notional, capped at 12.5% of premium

  • TradeRouter - Advanced order book supporting Market, Limit, Stop Loss, Take Profit orders with smart routing and keeper incentives

  • SettlementEngine - European-style automatic settlement with oracle-based exercise at expiry

Professional Risk Management:

  • RiskEngine - Multi-tier liquidation system (80%/50% health thresholds) with real-time portfolio risk aggregation across multiple assets

  • MarginVault - Dynamic collateral management with 150% margin ratios, emergency controls, and liquidation protection

  • PriceOracle - Multi-feed price aggregation with manipulation protection, staleness checks, and circuit breakers

Liquidity & Yield Generation:

  • FeeCollector (Treasury) - Sophisticated fee distribution (60% liquidator rewards, 40% protocol treasury) with governance controls

  • EnhancedDeltaVault (ERC-4626) - Delta-neutral liquidity vault with automated spot/futures hedging via HyperCore CoreWriter integration

🔗 Revolutionary HyperEVM Integration

  • HyperCore Native Hedging - Real-time position hedging through CoreWriter integration with spot and futures markets

  • Big Block Optimization - Batch operations utilizing HyperEVM's 30M gas capacity for complex multi-leg strategies

  • Cross-Layer Composability - Seamless interaction between options (HyperEVM) and spot/futures (HyperCore)

  • Sub-Second Execution - Leveraging HyperEVM's 1-second finality for competitive institutional-grade trading

🎨 Advanced User Experience (Planned UI)

  • Trade Panel - Professional execution interface for calls, puts, and futures with real-time Greeks

  • Option Architect - Visual strategy builder for complex multi-leg positions (straddles, butterflies, iron condors)

  • Strategy Lab - AI-powered strategy recommendations based on market view and risk tolerance

  • HedgeIt - Revolutionary overlay system that integrates existing Hyperliquid futures positions with option hedges

💻 Demo

https://www.youtube.com/@StraddleFinance

📂 Project Links

Github Repo: https://github.com/straddlefi/straddlefi-contracts
🔐 Repository Access: HL-Hackathon judges have been granted collaborator access to our private GitHub repository. All intellectual property rights remain with the StraddleFi team.
Website: https://www.straddlefi.xyz/
Presentation: Features and UI snapshots and videos

👥 Team

Smart Contract Excellence:

  • Gas-optimized packed structs for efficient storage patterns

  • Role-based access control with granular permissions

  • Comprehensive event logging for seamless frontend integration

  • Emergency pause mechanisms and circuit breakers for risk management

Financial Engineering:

  • Advanced Greeks calculations for precise risk management

  • Multi-asset correlation analysis for portfolio optimization

  • Dynamic fee structures based on market conditions

  • Automated liquidation with tiered penalty systems

HyperEVM Native Features:

  • Optimized for HyperEVM's dual-block architecture (2M/30M gas limits)

  • Direct CoreWriter integration for cross-layer functionality

  • Batch processing capabilities for complex operations

  • Sub-second settlement leveraging network performance

🎯 Why StraddleFi Represents the Future

✅ Complete Ecosystem - First unified options platform solving fragmentation
✅ Institutional Architecture - World-class smart contracts rivaling traditional finance
✅ HyperEVM Optimized - Built specifically for Hyperliquid's unique capabilities
✅ Innovation Leader - Features like HedgeIt overlay are industry-first
✅ Professional Grade - Advanced risk management and quantitative strategies
✅ Proven Execution - Demonstrated ability to build sophisticated financial infrastructure

StraddleFi bridges the gap between traditional finance sophistication and DeFi composability, creating the infrastructure for the next generation of on-chain derivatives trading.

📈 Post-MVP Roadmap

  • Multi-Asset Expansion - ETH, BTC, SOL integration beyond HYPE

  • Advanced Strategies - Automated strategy execution for complex positions

  • Institutional Tools - Portfolio analytics, risk dashboards, API access

  • Governance Token - Decentralized protocol governance and incentive alignment


🚀 Ready to revolutionize on-chain options trading with institutional-grade infrastructure built for the HyperEVM ecosystem.


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