In Cryptocurrency Options, What Typically Serves as the Underlying Asset?

The underlying asset is typically a major, highly-liquid cryptocurrency like Bitcoin (BTC) or Ethereum (ETH). Some exchanges also offer options on other high-cap altcoins.

The asset must be standardized and its price easily verifiable. Its volatility directly influences the option's premium.

What Is “Liquid Staking” and How Does It Differ from Solo Staking?
Name a Major Crypto Derivatives Exchange That Offers European-Style Options
How Do Other Cryptocurrencies, like Ethereum, Differ in Their Target Block Times?
Which Major Cryptocurrencies Typically Have the Most Liquid Options Markets?
What Types of Assets Are Typically Accepted as Collateral in Institutional Derivatives Trading?
Why Are Options on Highly Volatile Assets More Expensive?
What Was “The DAO Hack” and What Were Its Consequences for Ethereum?
What Is a Perpetual Option Contract in the Crypto Space?

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