Crypto Market Movers

Story: Bybit Expands XRP Derivatives Amid Growing Institutional Demand

By Sakamoto Nashi

1 / 15

XRP Futures and Options Now Live. Bybit officially rolled out XRP futures on October 20, 2025, followed by XRP options on October…

2 / 15

Mantle and Dogecoin to Follow. Bybit also confirmed that MNT and DOGE derivatives will go live later in October.

3 / 15

Driving Institutional Engagement. The addition of XRP, MNT, and DOGE derivatives aligns with a broader trend of institutional…

4 / 15

Enhanced Liquidity and Market Depth. By unifying settlement under USDT, Bybit strengthens the liquidity pool across its derivatives…

5 / 15

Benefits of XRP Derivatives

6 / 15

Conclusion: Bybit Strengthens Its Derivatives Platform. Bybit’s expansion of XRP, MNT, and DOGE derivatives demonstrates the exchange’s commitment to…

7 / 15

Cryptocurrency exchange Bybit has expanded its derivatives offerings, adding XRP, Mantle (MNT), and Dogecoin (DOGE) to its USDT-margined futures and options suite.

8 / 15

The exchange emphasized that its options are European-style and cash-settled, meaning they can only be exercised at expiration and settled in USDT.

9 / 15

Bybit’s decision to launch XRP derivatives first underscores the cryptocurrency’s established role in both institutional and retail markets, reflecting ongoing demand for more…

10 / 15

Bybit also confirmed that MNT and DOGE derivatives will go live later in October. Mantle, a rising ecosystem token within decentralized finance (DeFi), has been gaining traction…

11 / 15

The exchange noted that the inclusion of these tokens is part of a broader strategy to expand access to high-demand crypto assets, offering liquidity and hedging capabilities to…

12 / 15

Bybit’s move reflects growing institutional appetite for XRP in particular, as it continues to see adoption in cross-border payments and DeFi applications.

13 / 15

The introduction of XRP derivatives is expected to further deepen liquidity in the market, making it easier for investors to enter or exit positions efficiently.

14 / 15

Risk Management: Traders can hedge existing XRP exposure without moving physical tokens.

15 / 15

Speculation Opportunities: Futures and options allow for short-term trading strategies with leverage.

The Currency Analytics

Want the full story?