Live SOL calls and puts on Bybit and on-chain Derive
View the live SOL chain →option.watch streams the Solana options chain in real time. For any expiry you see live bids, asks and quantities at every strike for both calls and puts, refreshed every 100ms over a WebSocket feed direct from each exchange — never delayed, never cached.
Solana options are one of the fastest-growing corners of the crypto derivatives market, and option.watch lets you watch the full SOL chain across both a major centralised venue and a leading on-chain exchange in a single interface.
Bybit Derive
Bybit is a leading centralised derivatives exchange offering USDC-settled SOL options alongside BTC, ETH, XRP and DOGE. Derive is the largest on-chain options exchange — formerly Lyra Finance — running a real order book (not an AMM) on its own Ethereum L2, with SOL options settled in USDC on-chain. Having both side by side lets you compare how the same SOL strike and expiry is priced on a centralised venue versus a DeFi CLOB.
As a younger market, Solana options carry higher implied volatility and wider bid/ask spreads than Bitcoin or Ethereum, and some far strikes go unquoted. This is exactly where option.watch's proprietary Middle Line earns its keep: by generalizing mid-prices from individual order books across the whole chain, it produces a reliable price reference even at illiquid SOL strikes. Open the IV view to see the live Solana volatility smile and compare it against BTC and ETH.
Open live SOL options →Where can I see a live Solana options chain?
option.watch streams the SOL chain in real time from Bybit and the on-chain Derive exchange,
updating every 100ms with no login required.
Which exchanges offer Solana options?
Bybit (centralised, USDC-settled) and Derive (on-chain, USDC-settled on its own L2). Both are
shown here so you can compare pricing.
Why are SOL spreads wider than BTC?
Solana options are a thinner, newer market. The Middle Line gives a reliable price reference even
where raw bid/ask is wide or empty.
See also: Bitcoin options chain · Ethereum options chain · about option.watch