Bybit Unveils Perp Options for 24/7 US Equity Trading

Bybit, the world's second-largest cryptocurrency exchange by trading volume, is set to launch Perp Options on September 17, 2026. This move marks a significant milestone in the industry as it will allow traders to access US equity options 24/7 from their existing USDT-funded Bybit accounts.

The product will give users the ability to build and manage positions strategically, unbound by traditional market hours. Trading in Perp Options is set to go live on September 17, 2026, at 20:00 UTC with SpaceX and Nvidia as the first available underlyings.

Bybit's Perp Options will be settled in USDT and integrate fully with Bybit's Unified Trading Account (UTA), allowing users to hold perpetuals, options, and spot positions within a single account. Traders will be able to execute a full range of strategies at launch, including buying/selling naked options, spreads, straddles, and combination trades.

The product will also support fractional lot sizes with a contract multiplier of one, forgoing the standard $25,000 minimum and 100-share lot requirements in traditional options markets. Bybit's Perp Options contracts will be European-style and cash-settled, minimizing early assignment risk.