Hypersurface Acquires Acre to Launch First Fully On-Chain Bitcoin Premium Income Vault
The Hypersurface Bitcoin Premium Income vault (HSBPI) is billed as the first fully on‑chain, Bitcoin‑denominated managed volatility strategy. It trades volatility through options and delivers premium income while keeping users’ BTC under their own control.
HSBPI fuses Acre’s deposit and allocator technology with Hypersurface’s on‑chain volatility execution engine, which runs on the HyperEVM platform. Depositors can send Bitcoin straight into the vault, and the system automatically manages options‑based trades to harvest premium income. The strategy is overseen by Monarq Asset Management, a quantitative digital‑asset firm known for its systematic approach to both delta‑neutral and directional positions.
This move follows a broader trend in traditional finance, where Bitcoin premium‑income products such as the Yieldmax MSTR Option Income Strategy ETF (MSTY) and BlackRock’s iShares Bitcoin Premium Income ETF (BITA) have entered the market. Unlike those funds, HSBPI operates entirely on‑chain and does not convert BTC into fiat‑denominated instruments.
Acre’s CEO and founder, Laura Wallendal, described the deal as “the most exciting step yet toward giving Bitcoin holders a better home for their assets.” Hypersurface co‑founder and CEO, Monica Quaintance, added that the acquisition aligns with the company’s long‑term strategy to expand on‑chain volatility trading and broaden its presence in Bitcoin‑native yield and vault products.
Current Acre depositors will be able to migrate their holdings into HSBPI while retaining self‑custody. The teams have committed to providing clear migration instructions, timelines, and user‑facing updates before implementation. The acquisition remains subject to the completion of final documentation and operational readiness.
Acre’s acreBTC platform builds Bitcoin‑native vault infrastructure and allocator technology that lets depositors keep custody of their assets while accessing on‑chain yield strategies. Monarq applies systematic research and disciplined execution across both centralized and on‑chain venues. Hypersurface’s on‑chain execution layer for volatility strategies offers audited execution that enables holders, treasuries, and on‑chain vaults to sell covered calls and cash‑secured puts on HyperEVM.
The launch of HSBPI marks a milestone in decentralized finance. By combining self‑custody, on‑chain execution, and options‑based premium generation, the product offers a new way for Bitcoin holders to earn income without relinquishing control of their assets. The integration of Acre’s infrastructure with Hypersurface’s engine also showcases the growing interoperability of Bitcoin‑centric protocols.
While the vault is still in the announcement phase, the teams have indicated that further details on launch timing, migration procedures, and platform integration will be released in the coming months. Until then, the market will watch how the on‑chain volatility strategy performs relative to traditional Bitcoin premium‑income ETFs and how it is received by the broader crypto community.
In summary, Hypersurface’s acquisition of Acre and the creation of HSBPI represent the first fully on‑chain, BTC‑denominated managed volatility strategy. Managed by Monarq, the vault allows self‑custodial deposits and generates premium income through options trading on HyperEVM. The launch is pending final documentation and operational readiness, with additional announcements expected soon.