Deribit, a leading crypto derivatives exchange, will launch Bitcoin (BTC) and Ethereum (ETH) linear options and fixed futures contracts that are settled in USDC on August 19. According to CEO Luuk Strijers, this move is aimed at increasing trading flexibility and capital efficiency for both institutional and individual investors.
The new offerings will run alongside Deribit’s existing “inverse” contracts, which are settled in their respective underlying cryptocurrencies (BTC or ETH). Unlike inverse contracts, linear options and futures have payouts that are directly proportional to the price of the underlying asset, making their value easier to understand. They are also priced and settled in a stablecoin, providing a fiat-equivalent structure that many traditional investors are familiar with.
Deribit, which recently recorded a new all-time high of $185 billion in monthly trading volume, is rolling out these products to meet growing demand for stablecoin-settled derivatives. The new contracts will also have smaller minimum order sizes, which will make them more accessible to a wider range of traders.
August 2025, Cryptoniteuae
