According to CoinMeta, Bybit announced the official launch of HYPEUSDT option contracts, further enriching the platform's derivatives product portfolio. The first batch of contracts was launched at 8:00 on August 4th, UTC, including contracts with expiration dates on August 5th and August 7th, designed for short-term traders to quickly position their trades. On August 6th at 8:00, UTC, six more batches of contracts with expiration dates on August 8th, 9th, 14th, 21st, 28th, and September 25th will be added, covering a range of short, medium, and long-term trading strategies. Starting from August 7th, HYPE option contracts will enter a regular auto-generation mechanism to continuously ensure liquidity and trading depth. This launch provides users with more flexible tools for risk management and profit enhancement.