Bitcoin News Today: Deribit Launches USDC-Settled Linear Options for Bitcoin and Ethereum

Deribit, a leading digital assets derivatives exchange, has announced the launch of USDC-settled linear options for Bitcoin (BTC) and Ethereum (ETH), effective August 19, 2025 [1]. This move builds on the company’s existing portfolio of USDC-settled perpetual futures and linear options for alternative cryptocurrencies, such as Solana (SOL) and XRP [2]. The new options contracts are priced and settled in USDC, a stablecoin pegged to the U.S. dollar, and will be supported by USDC-settled dated futures for BTC and ETH [3].

The introduction of these options is designed to enhance flexibility and capital efficiency, particularly for traders who prefer USD-pegged settlements over cryptocurrency-based ones [4]. The minimum order sizes for the new options are 0.01 BTC and 0.1 ETH, significantly lower than the current inverse BTC and ETH options, thereby broadening accessibility for a wider range of participants [5].

The move reflects a growing demand for stablecoin-settled derivatives, as demonstrated by the positive reception of similar products in the altcoin market [6]. Deribit’s CEO, Luuk Strijers, emphasized that the launch of these options marks a significant milestone in the company’s mission to provide institutional-grade products tailored to evolving market needs [7]. He noted that the USDC-based structure offers a familiar fiat-equivalent framework that appeals to both institutional and retail participants [7].

Operationally, the new linear options will share the same risk engine as Deribit’s existing inverse BTC and ETH options. This integration allows traders to offset margin requirements when managing positions in both product types, potentially improving capital efficiency for those hedging or speculating across multiple instruments [8].

Deribit’s product launch aligns with a broader industry trend of expanding USDC-based derivatives offerings, particularly amid ongoing developments in stablecoin regulation and usage [9]. The company has also introduced USDC rewards, enabling users to earn passive returns on their holdings without the need for staking or lockups [9].

Deribit functions as a centralized derivatives exchange based in Dubai and is a subsidiary of Coinbase, a publicly traded cryptocurrency platform. The exchange has established itself as a key player in the crypto options market, facilitating a significant portion of all crypto options trading [10]. With this latest product, Deribit continues to reinforce its commitment to innovation and delivering high-quality trading solutions to the market.

Source:

[1] Deribit Introduces Linear Options For BTC And ETH – Barchart.com (https://www.barchart.com/story/news/34181620/deribit-introduces-linear-options-for-btc-and-eth)

[2] Deribit Introduces Linear Options for BTC and ETH – GuruFocus (https://www.gurufocus.com/news/3064773/deribit-introduces-linear-options-for-btc-and-eth-coin-stock-news)

[3] Deribit to Launch USDC-Settled Linear Options on Bitcoin ... – Odaily (https://www.odaily.news/en/newsflash/443625)

[4] Deribit to Launch USDC-Settled Bitcoin and Ethereum ... – PANews (https://www.panewslab.com/en/articles/fe8c3d23-e491-4eef-9b7f-20f438e5dec5)