Key Highlights
- Bybit introduces options on equity perpetual contracts, debuting with SpaceX and Nvidia on September 17, 2026
- Continuous 24/7 trading available with fractional positions, USDT-based settlement, and no standard 100-share requirements
- Future expansion planned for Tesla, QQQ, SOXL, and Micron equity perpetuals
- Tokenized stock perpetual trading volume surged from $85 billion in January to $470 billion by June 2026
- SpaceX dominated equity perpetual trading in June with volume exceeding $66 billion
Bybit is introducing what the exchange describes as the inaugural options contracts based on equity perpetual futures. The product becomes available starting September 17, 2026, at 8 p.m. UTC.
Initially, the platform will feature two underlying assets: SpaceX and Nvidia. Traders can access these contracts continuously throughout the day and night, unrestricted by conventional stock market operating hours.
These options differ significantly from traditional U.S. equity options by utilizing fractional lots with a one-to-one multiplier. This structure eliminates the conventional 100-share minimum requirement that often creates entry barriers for retail participants.
All contracts settle in USDT, simplifying the trading experience. Gains and losses are determined without requiring exposure to any underlying token.
Full integration with Bybit’s Unified Trading Account enables users to oversee spot positions, futures contracts, and options products from a single interface.
Trading Strategies and Margin Capabilities
The platform supports comprehensive options trading strategies. Traders can execute basic long and short positions, construct spreads, implement straddles, and deploy covered call strategies.
Portfolio margin functionality is included in the offering. This feature enables position hedging to reduce total margin obligations and is accessible to the entire user base.
According to Bybit, new expiration dates will be introduced on a regular basis. The exchange has outlined intentions to broaden its asset selection, incorporating Tesla, QQQ, SOXL, and Micron in upcoming phases.
This product launch aligns with a broader industry shift toward equity market integration. Coinbase, Kraken, and Robinhood represent several major platforms advancing toward continuous stock market access.
During July 2026, Ondo introduced a mechanism allowing traders to use tokenized equities as collateral for perpetual trading across stocks, commodities, and other asset classes. Bybit’s introduction layers options functionality onto this developing infrastructure.
Rapid Expansion in Tokenized Equity Markets
Tokenized equity perpetual markets have experienced substantial expansion throughout this year. Trading volume climbed from $85 billion in January to approximately $470 billion by June 2026.
SpaceX emerged as the dominant equity perpetual in June, recording more than $66 billion in trading activity. This performance positions it as an obvious choice for Bybit’s initial options offering.
This momentum extends to on-chain platforms as well. Equity-related markets on Hyperliquid expanded from roughly 2% of perpetual trading volume early in the year to approximately 50%.
Contracts based on Nvidia, Tesla, and the Nasdaq-100 index have generated significant activity on that infrastructure. Market data indicates increasing appetite for equity market exposure delivered through cryptocurrency trading platforms.
Bybit’s perpetual options introduction represents another development in the convergence between conventional equity markets and cryptocurrency derivatives infrastructure.


