Bybit, the second-largest cryptocurrency exchange globally, is set to enhance its derivatives offerings with the introduction of new USDT-margined futures and options contracts. This strategic move aims to provide traders with more sophisticated tools for managing their investments in popular digital assets. The document provides a justification for the fact that these new products are expected to attract a wider range of investors looking for innovative trading solutions.
Launch of XRP Futures
The expansion commenced on October 20, 2025, with the launch of XRP futures, marking the beginning of a phased rollout.
Upcoming Derivatives Introduction
Following this, derivatives for the following assets are scheduled to be introduced on October 27:
- Mantle (MNT)
- Dogecoin (DOGE)
Options Contracts Availability
Options contracts for these assets will be available starting October 28. Bybit's new options contracts are structured as European-style and cash-settled instruments, enabling traders to implement risk management and speculative strategies without the need to hold the underlying tokens.
Bybit's Commitment to Expansion
This initiative underscores Bybit's dedication to broadening access to high-demand assets and solidifying its reputation as a reliable global derivatives hub.
LET Mining has recently launched an innovative cloud mining contract model aimed at Bitcoin investors, providing a more accessible investment avenue amid cryptocurrency volatility. This development contrasts with Bybit's recent expansion of derivatives offerings. For more details, see read more.