Deribit Launches USDC-Settled BTC & ETH Linear Options
Deribit, one of the world’s leading crypto derivatives exchanges, has officially announced the launch of linear options for Bitcoin (BTC) and Ethereum (ETH), settled in USDC, starting August 19, 2025. This update arrives alongside the introduction of new dated futures for both BTC and ETH, also settled in USDC, further strengthening Deribit’s portfolio that already includes perpetual futures contracts in the stablecoin.
The expansion follows strong demand from both institutional and retail traders who are seeking stablecoin-based trading products with improved accessibility and efficiency. It also builds on Deribit’s earlier rollout of linear options for popular altcoins like SOL and XRP, launched over a year ago, which saw significant adoption.
Why Linear Options Matter
Linear options are derivatives where payouts move directly in proportion to the underlying asset’s price, offering transparent and predictable exposure. Traders can use them for hedging, speculation, or yield enhancement, making them a versatile tool in crypto risk management strategies.
Unlike inverse options, which are denominated in BTC or ETH, these linear options are priced and settled in USDC, a stablecoin pegged to the U.S. dollar. This structure delivers a familiar fiat-equivalent experience, reduces complexity for traders, and enhances capital efficiency by allowing margin offsets with inverse options.
The minimum order sizes are also smaller—just 0.01 BTC and 0.1 ETH—making the product more accessible to retail participants while still meeting institutional-grade standards.
CEO’s Statement
Commenting on the launch, Luuk Strijers, CEO of Deribit, said:
“The introduction of linear options for BTC and ETH marks a major milestone in our mission to design innovative, institutional-grade products. By offering USDC settlement, we deliver greater flexibility and efficiency to traders while making our platform even more attractive to a broader user base.”
Building On USDC Adoption
The move also aligns with Deribit’s recent introduction of USDC rewards, which allow users to earn passive returns on stablecoin holdings without staking or lockups. The overwhelmingly positive reception signaled that the market was ready for more USDC-settled derivatives products, paving the way for BTC and ETH integration.
No Changes To Inverse Options
Importantly, the launch of linear options does not impact Deribit’s existing inverse BTC and ETH options, which remain available and operational. Instead, the two product types complement one another, providing traders with a wider array of hedging and trading strategies within a unified platform.
About Deribit
Headquartered in Dubai, Deribit is a centralized, institutional-grade crypto derivatives exchange, offering options and futures with deep liquidity, low latency trading, and advanced risk management. Backed by Coinbase (NASDAQ: COIN) as its parent company, Deribit continues to dominate global crypto options trading, with rigorous proof-of-assets practices that uphold the industry’s highest standards.
Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.