Bybit, one of the fastest-growing cryptocurrency exchanges globally, has announced a strategic collaboration with Greeks.live, a leading trading and data analytics platform specializing in user-friendly options trading tools and exposure analysis.
Industry-Leading USDC-Denominated Options
This partnership enhances Bybit's newly launched USDC-settled BTC, ETH, and SOL options contracts, setting a new benchmark in the crypto derivatives market. Key advantages include:
- USDC settlement: Trade without holding underlying assets, ensuring higher certainty and streamlined execution.
- Seamless trading experience: Direct USDC usage for margin and settlements simplifies portfolio management.
Collaborative Benefits for Traders
Bybit will share data with Greeks.live to:
- Track user positions and public exchange metrics.
Power Greeks.live's smart visualization tools, including:
- Synthetic touch options
- One-click delta hedging
- Portfolio Greek risk distribution analysis
- Margin stress-testing tools
Ben Zhou, Co-Founder & CEO of Bybit:
"Our partnership with Greeks.live provides traders with unparalleled resources to calculate option Greeks and visualize critical data effortlessly."Jeff Liang, Co-Founder & CEO of Greeks.live:
"Combining our expertise in risk assessment and data tools with Bybit's platform will unlock new growth avenues in crypto options."
Advanced Trading Features on Bybit
Bybit's USDC options platform offers:
- Portfolio Margin Mode: Reduced collateral requirements for multi-leg strategies.
- Unified Margin Account: Supports BTC, ETH, USDT, and USDC as collateral.
- Institutional-grade liquidity with tight spreads.
๐ Explore Bybit's USDC Options
Educational Initiatives
Bybit recently released its Ultimate Options Trading Guide, a comprehensive resource covering:
- BTC, ETH, and SOL options mechanics
- Strategies for beginners and advanced traders
- Risk management frameworks
FAQ Section
Q: What are the benefits of USDC-settled options?
A: Eliminates the need to hold volatile underlying assets while providing predictable settlement values in a stablecoin.
Q: How does Greeks.live enhance options trading?
A: Offers real-time analytics, risk simulations, and hedging tools to optimize decision-making.
Q: Can I trade USDC options without prior derivatives experience?
A: Yes! Bybit's educational guide and intuitive interface cater to all skill levels.
Q: What collateral types does Bybit accept?
A: BTC, ETH, USDT, and USDC are all supported in unified margin accounts.
About Bybit
Founded in 2018, Bybit is a top-tier crypto exchange known for:
- High-speed matching engine
- 24/7 multilingual support
- Partnerships with Oracle Red Bull Racing, NAVI, and Borussia Dortmund