Bybit Adds Tesla, QQQ, SOXL to Perp Options Lineup With Prize Challenge

Bybit, the cryptocurrency exchange reporting more than 80 million users globally, has broadened its perpetual options platform by introducing six new underlying assets drawn from traditional financial markets, including Tesla, the QQQ ETF, and the leveraged semiconductor fund SOXL, according to a company announcement dated September 29, 2026.

The additions mark a continued push by the Dubai-based exchange to blend crypto-native trading mechanics with instruments more familiar to conventional equity and ETF investors. Perpetual options — contracts without a fixed expiration — have gained traction among retail traders seeking flexible directional exposure without the time-decay pressure of standard options.

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Alongside the product expansion, Bybit unveiled the Wall Street Blue-Chip Options Challenge, a structured competition featuring two separate rewards tracks and a combined prize pool of up to 70,000 USDT. The dual-track format suggests the contest is designed to accommodate both novice and experienced traders, broadening potential participation across the platform's user base.

The move reflects a broader industry trend in which centralized crypto exchanges seek to differentiate themselves by layering traditional finance assets — such as equity ETFs and individual stocks — onto crypto infrastructure, potentially attracting users who are comfortable with both markets. Bybit's expansion into names like QQQ and SOXL signals particular interest in capturing traders focused on technology and semiconductor sector exposure.

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