Overview
- Bybit announced Perp Options that will begin trading on September 17, 2026 at 20:00 UTC for SPCX (SpaceX) and NVDA (Nvidia), with the company saying expiries will be added regularly.
- The contracts let retail traders trade options around the clock with fractional lots, a multiplier of one, portfolio margin support, and integration into Bybit’s Unified Trading Account.
- Each Perp Option references Bybit’s own perpetual futures (SPCXUSDT and NVDAUSDT) and settles in USDT, so buyers have no claim on or delivery path to the actual shares.
- Because the instruments sit outside U.S. clearing and settlement infrastructure, analysts and reporters flagged immediate regulatory and investor‑protection concerns about oversight, custody and dispute resolution.
- The launch builds on rapid growth in tokenized equity perpetuals this year and could widen retail access to equity strategies, but traders should watch for published contract specs, margin rules and any enforcement actions that would change how these products trade.