21Shares Hyperliquid ETF (THYP) Volatility Skew

Implied volatility skew shows how IV varies across strike prices for a given expiration. Steeper skews indicate higher demand for downside protection relative to upside speculation.

21Shares Hyperliquid ETF (THYP) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $10.6M, listed on NASDAQ, carrying a beta of -0.29 to the broader market. THYP is managed passively to offer exposure to HYPE through an ETF structure. public since 2026-05-12.

Volatility skew analysis compares implied volatility across strikes and expirations. No recent options activity for THYP as of 2026-06-01; this typically reflects low options liquidity, a recently listed name, or a temporary data feed delay. Snapshot will refresh on the next active session.

Learn how volatility skew is reported and how to read the data →