In a groundbreaking move for the cryptocurrency and stock trading landscape, Bybit has announced the launch of its first options contracts tied to stock perpetuals. Scheduled to go live on September 17, 2026, at 8 p.m. UTC, this innovative offering promises to reshape how traders engage with equities.
The initial rollout will feature options on two high-profile stocks: SpaceX and Nvidia. Unlike traditional equity options, these contracts will be available for trading 24/7, eliminating the conventional restrictions associated with market hours.
Bybit’s unique approach allows for fractional lot trading with a multiplier of one, removing the typical 100-share minimum that often deters smaller traders. This accessibility is expected to attract a broader audience into the world of options trading.
All transactions will be settled in USDT, ensuring a straightforward trading experience without the complications of token-based exposure. Users will benefit from a seamless trading environment as these options are fully integrated into Bybit’s Unified Trading Account, allowing for the management of spot, futures, and options in one convenient location.
Comprehensive Strategy Support and Lower Margin Requirements
To support traders of all experience levels, Bybit will offer a comprehensive range of options strategies, including buying and selling options, spreads, straddles, and covered calls. Additionally, the platform will provide portfolio margin support, enabling users to hedge their positions and potentially lower their overall margin requirements.
Bybit also plans to introduce new expirations regularly and expand its offerings to include other popular assets such as Tesla, QQQ, SOXL, and Micron, reflecting the growing demand for diverse trading options.
This latest launch is part of a broader trend where crypto platforms are increasingly venturing into equity trading. Other notable platforms are also exploring 24/7 stock trading, signaling a significant shift in the trading landscape.
Additionally, last July, Ondo launched a product allowing users to use tokenized stocks as collateral for trading perpetuals on various assets. Bybit’s new options offering adds a layer of complexity and opportunity for traders looking to capitalize on the intersection of traditional equities and crypto derivatives.
Rapid Growth in Tokenized Equity Markets
The tokenized equity perpetual market has witnessed explosive growth this year, with trading volume surging from $85 billion in January to an impressive $470 billion by June 2026. SpaceX emerged as the most-traded equity perpetual in June, with a staggering volume exceeding $66 billion, making it a fitting choice for Bybit’s inaugural options rollout.
This growth is reflected in on-chain activities as well, with equity-focused markets on Hyperliquid increasing from approximately 2% of perpetual volume at the year’s start to around 50%. Nvidia, Tesla, and Nasdaq-100 contracts have been key drivers of this upward trend, showcasing the rising appetite for equity exposure through crypto trading platforms.
Bybit’s introduction of perpetual options marks a significant step in merging the realms of traditional equity markets and crypto derivatives, further blurring the lines between these two distinct trading environments. As the demand for innovative trading solutions continues to rise, Bybit is poised to lead the charge in this evolving landscape.
