Bybit Unveils World's First 24/7 TradFi Options with SpaceX and Nvidia

Bybit has launched Perp Options, the world's first options contracts built on traditional finance (TradFi) perpetuals. The innovative derivative product allows traders to access US equity options around-the-clock without leaving their Bybit account.

The debut of Perp Options comes with SpaceX and Nvidia as the initial underlying assets, settling in USDT for straightforward profit-and-loss tracking. Traders can hold Spot, Futures, and Options positions within a single Unified Trading Account (UTA).

Bybit's Head of Option Business, Mike Xue, stated that the platform is looking to expand beyond sectors in coming months to provide traders with market access to Tesla, QQQ, SOXL, Micron, and more.