Bybit Unveils Perp Options with SpaceX and Nvidia

Bybit has launched Perp Options, a new derivatives product that combines equity perpetuals and options contracts. The crypto exchange describes it as the industry's first options contract built on top of equity perpetuals.

The first two markets, SPCX (SpaceX) and NVDA (Nvidia), will begin live trading on September 17, 2026 at 20:00 UTC, with the instruments available to trade around the clock.

The options settle in USDT and carry a contract multiplier of 1, matching the mechanics Bybit already applies to its equity perpetual contracts. Users can cross-hedge spot, perpetual, and options positions from a single margin account.