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Basis Desk
Institutions & ETFs · 1 min read

Bybit Adds Tesla and Nasdaq 100 ETF to TradFi Perp Options Roster

The exchange expanded its TradFi perpetual options suite to eight assets and launched a 70,000 USDT incentive program.

Neutral
$USDT $0.9996 +0.0%

Key points

  • Bybit listed six new TradFi perpetual options on Sept. 29, 2026, including Tesla, Invesco QQQ, and semiconductor equities.
  • The contracts settle in USDT around the clock with European-style expiration, bringing the total TradFi options catalog to eight assets.
  • A 70,000 USDT incentive challenge runs through Oct. 27, 2026, for new traders and volume leaders.

Cryptocurrency exchange Bybit expanded its lineup of traditional finance perpetual options on Sept. 29, 2026, listing six new underlying assets alongside an incentive campaign of up to 70,000 $USDT 1. The platform added options contracts linked to Tesla, Invesco QQQ, Direxion Semiconductor Bull 3X ETF (SOXL), Micron Technology, SK Hynix, and Sandisk 1.

The additions build on the platform's initial rollout of TradFi perpetual options on Sept. 17, 2026, which debuted with SpaceX and NVIDIA 1. The update increases the venue's available suite to eight tickers, combining single-stock equities with exchange-traded funds 1. The options utilize European-style exercise mechanics with cash settlement in USDT, preventing early assignment while operating continuously 24 hours a day, seven days a week 1.

Unified Margining and Promotion Structure

Unlike traditional brokerage frameworks requiring dedicated options clearance, the instruments trade through Bybit's Unified Trading Account, offering cross-margin and portfolio margin capabilities 1. Traders can execute fractional lots, naked strategies, and combination orders directly using USDT collateral without a traditional equity broker 1. At the time of writing, stablecoin $USDT traded at $0.9997, amid a broader digital asset market capitalization of $2.85 trillion.

To drive adoption of the new listings, Bybit launched the Wall Street Blue-Chip Options Challenge, which runs through Oct. 27, 2026 1. The promotion includes a 5,000 USDT pool offering 5 USDT payouts to the first 1,000 first-time users, alongside a tiered 65,000 USDT volume pool allocated to the top 50 participants by trading activity 1.

Questions this story raises

How do Bybit TradFi Perp Options settle?
Contracts settle automatically in USDT at expiration using European-style execution, preventing early assignment while trading 24/7.
Which assets are currently supported in the lineup?
The platform supports eight tickers: SpaceX, NVIDIA, Tesla, Invesco QQQ, Direxion Semiconductor Bull 3X ETF (SOXL), Micron Technology, SK Hynix, and Sandisk.

Sources

  1. [1] Bybit Expands TradFi Perp Options with Tesla, QQQ, SOXL and More, Launches Trading Challenge with Up to 70,000 USDT in Prizes — PR Newswire, September 29, 2026

Written by Basis Desk's newsroom system from the primary sources above and machine-verified against them before publication. Market figures marked "at the time of writing" come from live exchange data. Report an error: hello@basisdesk.news.

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Not financial advice. Basis Desk publishes information, not recommendations. Crypto assets are volatile and you can lose what you invest.