Bybit Launches HYPEUSDT Options Contracts with Rolling Generation Mechanism

Bybit introduces HYPEUSDT options starting August 4, featuring a rolling generation mechanism from August 7 to support short-to-long-term trading strategies for the volatile asset.

Woofun AI reports that Bybit has initiated the listing of HYPEUSDT options contracts, expanding its derivatives offerings. The first batch, expiring on August 5 and August 7, became available on August 4 at 8:00 UTC. A subsequent release of six contracts with expiration dates ranging from August 8 to September 25 followed on August 6 at 8:00 UTC. From August 7 onward, these contracts will operate under a regular rolling generation mechanism to maintain liquidity depth. This development provides traders with instruments tailored for directional or volatility-based strategies involving HYPE.