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Bybit hosted a live event featuring Han Tan and Mike Xue to introduce its Perp Options product, where participants learned how the options work on Bybit-issued TradFi perpetual contracts and viewed a walkthrough and Q&A. The event coincided with the recent addition of six new underlying assets to the Perp Options lineup and the launch of a trading competition with up to 70,000 USDT in prizes.
Bybit conducted an event hosted by Han Tan and featuring Mike Xue, which introduced the platform's Perp Options product and included a walkthrough and interactive Q&A. This event provided details on how Bybit-issued TradFi perpetual contract options operate and coincided with the platform’s recent expansion of Perp Options to cover a total of eight underlying assets—including new additions such as Tesla, Invesco QQQ, SOXL, Micron, SK Hynix, and Sandisk—and the launch of the Wall Street Blue‑Chip Options Challenge, a trading competition with up to 70,000 USDT in prizes open until October 27, 2026.
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To join the Bybit Wall Street Blue‑Chip Options Challenge, open or log in to your Bybit account and ensure your Unified Trading Account is funded with USDT. Navigate to TradFi → Perp Options, and place a qualifying trade—new users qualify for a first trade reward, while all users may increase their trading volume to compete for a share of the larger prize pool. Prize eligibility is based on being among the first 1,000 new users (for a fixed reward) or ranking in the top 50 by trading volume (for tiered rewards). For more details or to start, visit the official sign-up link.
Bybit is a cryptocurrency exchange focused on derivatives trading, offering a proprietary platform integrated with TradingView for enhanced market analysis. The broker supports leveraged trading up to 100x, provides both futures and perpetual contracts, and features copy trading options for derivatives and spot markets. Users can find more details in the broker profile on Traders Union.
For additional background, our earlier news about Bybit introduced the 2026 World Series of Trading (WSOT), featuring a multi-asset competition with a 10 million USDT prize pool. You can read more details in the previous Bybit update on Traders Union.