Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has taken another big step in expanding its derivatives portfolio. The exchange has officially launched USDT-margined futures and options contracts for three major digital assets XRP, Mantle (MNT), and Dogecoin (DOGE). This move gives traders even more flexibility and control in building advanced strategies around some of the market’s most popular cryptocurrencies.
Financial Technology Insights: Prosa Upgrades to Triple-Stack Data Center with ACI Worldwide
The rollout began on October 20, 2025, with XRP futures going live first, followed by XRP options the next day. Mantle (MNT) and Dogecoin (DOGE) derivatives are set to join the lineup on October 27, with their options contracts available starting October 28. After the initial launch, these contracts will be generated regularly, ensuring traders always have reliable access to deep and liquid markets.
Bybit’s new options products are European-style and cash-settled in USDT, meaning they can only be exercised at expiration — a structure that simplifies trading by removing the need to hold the underlying tokens. This makes it easier for users to manage risk, fine-tune strategies, or speculate on price movements with greater efficiency. Traders can also choose from daily, weekly, or monthly expirations, depending on how long they want to hold their positions.
Financial Technology Insights: Exchange Bank Welcomes Karen Serpa to Marketing Team
This update is part of Bybit’s broader effort to simplify the trading experience and improve liquidity across its platform. Earlier in 2025, Bybit phased out USDC-settled options and linear-expiry futures to focus entirely on USDT settlements, creating a unified and more consistent trading environment. With this standardization, users can navigate different contract types seamlessly and enjoy smoother transactions across the board.
The inclusion of XRP, MNT, and DOGE reflects Bybit’s commitment to offering access to high-demand assets that appeal to a broad range of traders. XRP continues to be a cornerstone cryptocurrency with strong institutional and retail adoption. MNT is gaining attention in the DeFi world for its growing ecosystem, and DOGE remains one of the most recognized and actively traded meme-coins in the market. Bybit’s expansion into these tokens helps traders diversify their portfolios and tap into new opportunities as the digital asset space evolves.
Financial Technology Insights: Prosa Upgrades to Triple-Stack Data Center with ACI Worldwide
Bybit continues to enhance its platform with robust risk management systems, institutional-grade infrastructure, and around-the-clock customer support. With this latest expansion, Bybit reaffirms its position as a trusted global hub for derivatives trading — empowering both new and experienced traders to navigate the crypto markets with confidence.
To share your insights with the FinTech Newsroom, please write to us at sudipto@intentamplify.com