Bybit Expands Options Trading with Launch of HYPEUSDT

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced the launch of HYPEUSDT Options. This marks an expansion of its derivatives offering to the native token of the Hyperliquid blockchain.

The listing schedule for these options contracts is as follows: August 4, 2026 (8:00 AM UTC): HYPEUSDT Options contracts expiring on August 5 and August 7, 2026 listed; August 6, 2026 (at 8:00 AM UTC): Contracts expiring on August 8, August 9, August 14, August 21, and August 28, and September 25, 2026 to be listed. From August 7 onward, new HYPEUSDT Options contracts will be generated on a regular, ongoing basis.

The addition of HYPE Options builds on Bybit's broader push to expand derivatives coverage of high-growth, high-potential digital assets, giving traders a wider set of instruments to manage exposure and express views across market cycles. The native token of Hyperliquid, HYPE has a market capitalization past the $14 billion mark, ranking No.9 among cryptocurrencies by market cap as of August 5, 2026.