Bybit launches round-the-clock options tied to equity perpetual contracts
DeFi & Yields ·
The exchange says its new Perp Options product is the industry’s first options offering built on equity perpetual contracts, opening with SpaceX and Nvidia markets.
Bybit will bring the first two Perp Options markets, SPCX (SpaceX) and NVDA (Nvidia), live for trading on September 17, 2026 at 20:00 UTC, according to the announcement. The product is designed to trade 24/7, settles in USDT, and carries a contract multiplier of 1.
Because the options are written on equity perpetual contracts rather than traditional listed shares, trading is not bound by conventional market hours, letting positions be opened, adjusted or closed at any time. The 1x contract multiplier keeps sizing simple relative to the underlying perpetual, while USDT settlement ties the product into Bybit’s existing stablecoin-denominated infrastructure.
Perp Options will sit inside Bybit’s Unified Trading Account and Portfolio Margin system, according to wublockchain.xyz, which lets users cross-hedge spot, perpetual and options exposure within a single margin pool. That integration is meant to support multi-leg strategies such as spreads, straddles and covered calls without moving collateral between separate accounts.
Bybit said it plans to expand coverage beyond the initial two names, with TSLA, QQQ, SOXL and MU slated for later addition along with further expiry dates. The rollout has been corroborated across multiple outlets: The Block similarly describes the launch as starting with SpaceX and Nvidia perpetual options, and other reports in the same cluster note the product supports fractional lots alongside USDT settlement.
Not yet specified is the exact timing or sequencing for adding TSLA, QQQ, SOXL and MU, or what additional expiries will look like once those markets go live. It also remains to be seen how trading volume and liquidity develop once the SPCX and NVDA markets open on September 17, and whether other exchanges move to offer comparable equity-perpetual options products.