ethereum:0x0f2d719407fdbeff09d87557abb7232601fd9f29 is the most asymmetric investment I have seen in crypto since hyperliquid:native at $2 USD, here are the highlights (1000X to $HOOD market cap): 1) An $81M FDV represents a potential 37x upside to the closest crypto competitor (Deribit was sold to Coinbase $COIN for $2.9B) and a ~300x upside to the $CBOE which has a 30% market share of the US options market. I believe these comps are reasonable and lean more towards the CBOE being the target comp because Deribit only has 7 crypto assets listed vs Hypercall can list US equities and provide options globally to crypto wallet holders. ^ this is absolutely huge, India, a market that loves options, trades over 5T notional volume a day and they are desperate for US equity AI exposure, Hypercall taps into the GLOBAL options market)! 2) Extremely liquid and accessible to US and Asian investors: $SYN is listed on major global exchanges like Binance and Kraken, the token has traded $50-200M in spot volume every day for the last week. It also has an extremely liquid perpetual futures market, having traded 500M-3.5B tokens every day for the past week ($40M-1B in daily USD volume). 3) No VCs/unlocks - $SYN never raised any private VC capital and has no upcoming unlocks with 88% of coins circulating and ~12% of coins in the treasury. They are using the treasury coins for select options market making deals to bootstrap options maker liquidity on the platform. 4) Extremely well distributed: Given $SYN reached a ~$725M marketcap during the 2021 cycle off the back of its frontier bridging tech, there are a large amount of crypto users who hold $SYN estimated by coinmarketcap (owned by Binance) at ~280K holders. This is extremely important to tap into the crypto Hivemind and also acts as a stimulus cheque to ~280K holders who had written off $SYN to near zero before launching Hypercall. We have seen this wealth creation event create extremely vibrant and tribal communities which drive social media engagement and product usage (ripple:native , hyperliquid:native , etc). 5) Token only governance structure (no competing equity): There is no equity component to Hypercall, all future cash flows will be governed by $SYN via the DAO. Eventually large holders like ourselves will coordinate with the team and other large holders to propose a buyback structure similar to $HYPE where 80-90% of fees generated on the platform are used in an assistance fund model to conduct automated buybacks. 6) Trade options on any asset in the world, expiries that are not available anywhere else (for example $SPCX ODTE's - not available on $NDAQ ). 7) Very lucrative 2bps maker, 5bps taker on NOTIONAL options size (capped at 12.5% of option premium). 8) Chad team @trajan0x @AureliusBTC who built the Synapse bridge and processed over $50B in volume across 25 chains and +2M wallets. (Also $HYPE bulls should love this because hedging volume takes place on Hyperliquid. When users buy calls/puts on Hypercall (@SynapseProtocol) options market makers must hedge their deltas on @HyperliquidX generating tons of volumes & fees further driving $HYPE buybacks). DYOR, not financial advice just sharing my thoughts.