Bybit has announced the launch of HYPEUSDT Options, adding options linked to HYPE, the native token of the Hyperliquid blockchain, to its derivatives platform. The announcement was made in Dubai on Aug. 5, 2026.
The new product expands Bybit’s existing derivatives lineup and gives eligible users access to options exposure connected to the Hyperliquid ecosystem. The move highlights the exchange’s focus on adding products tied to prominent blockchain tokens.
HYPEUSDT Options form part of Bybit’s broader cryptocurrency trading offering. By introducing a derivatives product centered on HYPE, the exchange is extending its range beyond established crypto assets and into newer blockchain markets.