# Hyperliquid Founder Jeff Yan Might Study Options If No Longer Allowed to Build Infrastructure

By Sonny Jang

Canonical URL: https://www.tokenpost.com/news/people/27909
Published: 2026-10-08T09:45:57.000Z
Updated: 2026-10-08T09:45:57.000Z
Section: People

> Yan said HIP-4 could retain spot markets, an order book and portfolio margin while using perpetual contracts to hedge options’ delta exposure.

Hyperliquid founder Jeff Yan said he might study options if he launched another company and could no longer develop infrastructure.

Speaking at DAS 2026 Asia, Yan described HIP-4 as a clear way to build an options protocol. He said it could retain spot markets, an order book and portfolio margin.

Yan also said perpetual contracts could be used to hedge options’ delta exposure. The report was published Oct. 8 at 5:39 a.m. ET (09:39 UTC).