Deribit Exchange to Launch USDC-Settled Bitcoin and Ethereum Options

Deribit, the leading crypto derivatives exchange, will introduce USDC-settled linear options for Bitcoin and ethereum on August 19, 2025. This expansion builds on its existing USDC-based perpetual and dated futures, addressing rising institutional demand for stablecoin-denominated hedging tools.

The new contracts provide proportional price exposure while eliminating settlement volatility—payouts align directly with underlying asset prices. Reduced minimum order sizes compared to inverse products enable more precise risk management. Traders can leverage reward-bearing stablecoin holdings through USDC margin requirements.

Market makers benefit from natural offsets between inverse and linear options positions. This launch solidifies Deribit's dominance in crypto derivatives as institutions increasingly adopt stablecoin-collateralized products.