# 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:

1. Go to: [app.hyperliquid.xyz](https://app.hyperliquid.xyz/?utm_source=chatgpt.com)
2. Connect your wallet, click “Establish Connection” and sign the message. Then click “Enable Trading” and sign the message
3. Click “Deposit”
4. Select your token (e.g. ETH) and then the chain (e.g. Ethereum Mainnet)
5. Copy the deposit address and send funds. Double check the notice on Hyperliquid to make sure chain and token are correct

{% hint style="info" %}
Start with a small test amount.&#x20;

Within \~30 seconds, your balance should show up on Hyperliquid.&#x20;

You will also need some HYPE for gas on HyperEVM if you don’t have any. The easiest way is to swap part of your asset into USD on Hyperliquid spot markets, then buy a small amount of HYPE directly on Hyperliquid spot.
{% endhint %}

Alternatively those bridges have the integration with HyperEVM:

* Across: [https://across.to](https://across.to/)
* DeBridge: <https://debridge.com/>

<br>

### 👉 Step 2: Use Rysk

Once your funds are on HyperEVM, go to[app.rysk.finance](https://app.rysk.finance/?utm_source=chatgpt.com):

**Connect your wallet**

<figure><img src="/files/WZHPCkRYpJ9ur5YrgQIl" alt=""><figcaption></figcaption></figure>

Select [Covered Calls](/getting-started/protocol-and-product/products.md#covered-calls-get-paid-to-sell-higher) or [Cash-Secured Puts](/getting-started/protocol-and-product/products.md#cash-secured-puts-get-paid-to-buy-lower) with the top buttons

<figure><img src="/files/SiMxCJaMqIFVCwJtrVbc" alt=""><figcaption></figcaption></figure>

Pick the asset you would like to use (ETH, HYPE, etc.)

<figure><img src="/files/gInTUmfRhOKv7gg0DgSH" alt=""><figcaption></figcaption></figure>

Pick the expiry

<figure><img src="/files/0s4dG6qQ2pbsPv4qr3su" alt=""><figcaption></figcaption></figure>

Pick the target price.&#x20;

For covered calls: the price you are willing to sell at (higher).&#x20;

For cash-secured puts: the price you are willing to buy at (lower)

<figure><img src="/files/doROp7vyGMqP5SpowSgk" alt=""><figcaption></figcaption></figure>

**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**.

<figure><img src="/files/c3fex9EyNzu87AAz0sz4" alt=""><figcaption></figcaption></figure>

Confirm the trade to receive your upfront premium instantly in USDT0.<br>

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**.<br>

You can monitor all active positions, settlement history, and expected outcomes directly from your dashboard, which updates based on the oracle spot price.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.rysk.finance/getting-started/protocol-and-product/how-to-use-rysk.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.