Share this article
Delta Exchange Claims First With Crypto Options Settled in Tether Stablecoin
The cryptocurrency derivatives platform now offers put and call options contracts settled in the stablecoin tether (USDT).
Updated Sep 14, 2021, 9:57 a.m. Published Sep 17, 2020, 1:00 p.m.
Cryptocurrency derivatives platform Delta Exchange now offers put and call options contracts settled in the stablecoin tether .
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- Calling the news an industry first, the Singapore-based firm also said Thursday it's one of just four crypto exchanges to offer a full order book for puts and calls.
- The options contracts will be offered for trading on bitcoin ether , Chainlink and Binance coin with daily, weekly and monthly maturities.
- Options contracts give holders the right to buy or sell the underlying asset at a set price on a set date in the future.
- Unlike futures, a holder of an options contract is not required to buy or sell the asset if they choose not to do so – hence the name.
- Delta Exchange CEO Pankaj Balani said the options market is an "integral part" of the derivatives ecosystem and he expects daily turnover on his platform to surpass futures demand in the next six to nine months.
- The new call and put options, which are expected to attract retail and institutional traders alike, are available from today.
See also: Delta Exchange Predicts $40 Price for COMP Ahead of Governance Token Deluge
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
LUNC Surges Over 160% in a Week as Do Kwon Sentencing and Token Burns Draw Traders
The rally is driven by speculation that a final verdict could bring clarity to the project, as well as technical factors like token burns.
What to know:
- Terra Classic (LUNC) surged 74% to $0.0000072, up 160% in the past week, on exploding trading volume, ahead of Terraform Labs founder Do Kwon's sentencing on Dec. 11.
- The rally is driven by speculation that a final verdict could bring clarity to the project, as well as technical factors like token burns, with 849 million LUNC destroyed in the past week.
- The token's momentum is also fueled by Binance's pause on LUNC withdrawals ahead of the Terra Chain's v2.18 upgrade, which aims to improve network stability, despite the token remaining volatile.
Top Stories
