Crypto Trader Claims Over 200% Gain in One Minute on opt.fun's 1000x Leverage Platform

A crypto trader, identified as "Bullish Crypto(국산황소)," recently claimed an extraordinary return of +204.83% within a single minute on the decentralized options trading platform opt.fun. The user shared the remarkable gain via a tweet, stating, "> I just made +204.83% in 1-minute on @opt_fun. Try it out at https://t.co/dY198EeWnA". This claim highlights the extreme volatility and high-leverage opportunities present in certain segments of the cryptocurrency market.

Opt.fun, launched by Convexity Labs and founded by Ryan Galvankar, operates on Hyperliquid’s HyperEVM, specializing in 1-minute expiry at-the-money (ATM) options. The platform is designed for rapid, high-frequency trading, offering users leverage of up to 1000x on deposited collateral. Each trading cycle lasts precisely 60 seconds, with automated settlement and collateral management.

While such rapid, high-percentage gains can occur due to the immense leverage offered, the risks associated with 1000x leveraged crypto trading are exceptionally high. Industry experts and financial advisories consistently warn that even a minor price fluctuation of 0.1% against a leveraged position can lead to immediate and total liquidation of the invested capital. This makes such trading akin to gambling rather than traditional investment.

The platform emphasizes its non-custodial architecture, public order book, and on-chain transactions as risk management features. However, the inherent nature of ultra-high leverage on volatile assets means that potential for amplified losses is significant, often outweighing the chances of consistent, substantial profits for most traders. The allure of quick returns, as demonstrated by the tweet, often overshadows the severe capital risk involved in these highly speculative environments.