A leading derivatives exchange recently expanded its options product line, launching USDC-settled options trading pairs for AVAX and TRX. These two cryptocurrencies, which previously supported USDC settlement for perpetual contracts, now also offer options tools.

From an application perspective, such options products can be used to hedge downside risk in holdings—especially for traders who are optimistic about long-term prospects but concerned about short-term volatility. Another approach is covered call writing, which involves selling call options while holding the underlying asset to earn premiums; this is a common strategy among conservative investors.

However, it should be noted that the system currently does not support direct deposits of AVAX or TRX tokens, meaning they cannot be used as offset currencies at this time—i.e., these two tokens cannot be used to offset losses in leveraged trading. Each AVAX options contract corresponds to 100 AVAX.

This product update reflects ongoing innovation among mainstream trading platforms in the derivatives market, providing investors with more risk management tools and trading strategy options.