🧠 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.