SYNTH

Options Pricing & Edge Detection Lab

Professional-grade tools for derivatives trading on Hyperliquid

🎯 Mission

SYNTH is built for traders who understand that edge comes from pricing accuracy and risk management. We provide real-time Greeks calculations, mispricing detection, and cascade-aware pricing to identify and exploit options inefficiencies.

⚙️ Core Features

Greeks Calculator

Real Black-Scholes Greeks with cascade-adjusted risk metrics. Understand your position delta, gamma, vega, theta, and rho instantly.

Fair Value Calculator

Compare market prices to calculated fair value. Identify overpriced (sell) and underpriced (buy) opportunities with severity scoring.

Options Chain

Full market depth with Greeks for every strike. Click to build portfolio, track Greeks across multiple positions.

Edge Scanner

Automated mispricing detection across all 9 assets. Ranks edges by confidence and suggests optimal strategies.

Strategy Payoff Diagrams

Visualize profit/loss at any price level. Compare risk/reward across spreads, condors, butterflies, and custom combinations.

Vol Analysis

IV vs RV comparison, vol rank percentiles, term structure visualization, and 9-asset correlation matrix.

🔬 Technology

Pricing Engine: Black-Scholes with Abramowitz-Stegun error function for precise Greeks calculation

Data Sources: CoinGecko (crypto), AlphaVantage (stocks), Hyperliquid (perp data and liquidations)

Frontend: Next.js 14, React, Tailwind CSS, Recharts visualization

Infrastructure: Vercel for CDN-ready static prerendering of all routes

📊 Data Transparency

✅ Real Data: Price feeds from CoinGecko & AlphaVantage are live and accurate

⏳ Coming Soon: Hyperliquid API integration for live perpetual data, liquidation levels, and funding rates

📝 Demo Data: Greeks, fair value, and edge detection use realistic models but should be verified on real market data

❓ Backtesting: Historical edge detection results will be added after HIP-3 deployment

🏆 Hackathon Submission

SYNTH is a Hyperliquid hackathon entry combining professional options pricing tools with cascade-aware risk analysis. Built in 72 hours with real-time market data integration.

✅ Implemented:

  • • 9-asset multi-chain support
  • • Black-Scholes Greeks
  • • Fair value detection
  • • Mispricing scanner
  • • Strategy payoff tools

🔄 Next Phase:

  • • HIP-3 API integration
  • • Live liquidation levels
  • • Funding rate analysis
  • • Portfolio Greeks tracking
  • • Backtesting engine

Built with precision. Tested with discipline.

View Source Code →