FalconX Launches 24/7 Electronic OTC Crypto Options Covering BTC, ETH, SOL and HYPE

Overview

• FalconX Electronic Options is live, offering RFQ-based execution, API connectivity, and a matrix-style builder for multi-leg strategies.
• The initial rollout supports Bitcoin, Ethereum, Solana, and Hyperliquid options, with additional tokens planned based on institutional demand.
• The service targets market makers, hedge funds, venture capital firms, and mining companies seeking round-the-clock institutional-grade options liquidity.
• Talos is the first partner to integrate the platform via API, enabling clients to access FalconX options through its infrastructure.
• FalconX reports over $50 billion in OTC derivatives executed year-to-date as industry data show options volumes on Deribit surpassing $850 billion.