Bybit Unveils Perp Options for Round-the-Clock 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 will be the industry's first options contracts built on TradFi perpetuals, giving traders round-the-clock access to US equity options directly from their existing USDT-funded Bybit accounts.

The product will enable traders to build and manage positions strategically without being bound by traditional market hours. Trading in Perp Options is set to go live at 20:00 UTC on September 17, with SpaceX and Nvidia as the first available underlyings. Other assets such as Tesla, QQQ, SOXL, and Micron will be added later.

Bybit's Perp Options contracts will be European-style and cash-settled, minimizing early assignment risk. Portfolio Margin support will allow positions in Perp Options to be cross-offset against related perpetual and spot holdings, reducing overall margin requirements while traders manage risk across asset classes.