Cryptocurrency exchange Bybit has expanded into crypto options trading, adding to its existing product line of perpetual futures contracts and expiration futures contracts.

Bybit's new options trading offering is based on user feedback, representing an important step in developing another powerful tool for Bybit users. Upon launch, Bybit users will be able to trade USDC options and perpetuals through portfolio margin, which adopts a risk based model for experienced traders, including market makers and institutional clients, to increase fund utilisation based on the underlying price and volatility.