🚲How to use Rysk
How to Use Rysk
Getting started depends on whether you already have funds on HyperEVM. If you already have funds on HyperEVM, skip straight to Step 2.
👉 Step 1: Bridge to HyperEVM
You can use Unit (https://hyperunit.xyz/) on Hyperliquid:
Go to: app.hyperliquid.xyz
Connect your wallet, click “Establish Connection” and sign the message. Then click “Enable Trading” and sign the message
Click “Deposit”
Select your token (e.g. ETH) and then the chain (e.g. Ethereum Mainnet)
Copy the deposit address and send funds. Double check the notice on Hyperliquid to make sure chain and token are correct
Alternatively those bridges have the integration with HyperEVM:
Across: https://across.to
DeBridge: https://debridge.com/
👉 Step 2: Use Rysk
Once your funds are on HyperEVM, go toapp.rysk.finance:
Connect your wallet
Select Covered Calls or Cash-Secured Puts with the top buttons
Pick the asset you would like to use (ETH, HYPE, etc.)
Pick the expiry
Pick the target price.
For covered calls: the price you are willing to sell at (higher).
For cash-secured puts: the price you are willing to buy at (lower)
Select size and Rysk’s RFQ will find the best quote for you
Deposit the asset. For covered calls: deposit the underlying (e.g. ETH or HYPE). For cash-secured puts: deposit stablecoins equal to the strike (e.g. to buy 1 ETH at $3,000, deposit 3,000 USDT0). The displayed APR is a reference metric showing the annualized value of the upfront premium.
Confirm the trade to receive your upfront premium instantly in USDT0.
At expiry, Rysk handles all settlement automatically. No manual action is required from the user. Funds are typically distributed within about two hours after expiry, which occurs at 8:00 AM UTC.
You can monitor all active positions, settlement history, and expected outcomes directly from your dashboard, which updates based on the oracle spot price.
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