Bybit Expands Institutional Options Access with Orbit Markets RFQ Integration

Bybit has taken another step toward strengthening its institutional trading stack, announcing an integration with Orbit Markets through its request-for-quote, or RFQ, platform. The move brings one of the better-known institutional liquidity providers in digital asset options directly into Bybit’s execution flow, giving professional traders more access to depth, tighter pricing and smoother large-order execution.

For options traders, especially institutional desks, the quality of execution often matters just as much as the price itself. Large trades can be difficult to place efficiently, and customized structures usually require more than a standard order book. That is where RFQ systems come in. Instead of relying only on open market liquidity, traders can request quotes directly from liquidity providers and compare executable pricing before committing to a trade.

By adding Orbit Markets into that process, Bybit is making its RFQ platform more attractive to sophisticated market participants who want faster, cleaner execution without having to bounce between venues. The integration allows Bybit users to tap Orbit Markets’ liquidity directly inside the platform’s RFQ workflow.

In practical terms, that means traders can request quotes for large notional trades and tailored options structures, then receive competitive pricing without leaving the Bybit interface. The aim is to cut down on friction, speed up execution and improve the overall trading experience for users who need institutional-grade tools.

This is not just about convenience. In crypto options, execution quality can make a big difference, especially when market conditions move quickly. Tighter bid-ask spreads, better pricing on larger trades and the ability to structure more complex positions are all part of what institutional traders look for.

Bybit’s integration with Orbit Markets is meant to support exactly that kind of activity. “We are pleased to welcome Orbit to Bybit’s RFQ platform, bringing additional liquidity, competition, and execution quality to institutional and professional traders,” said Yoyee Wang, Head of Institutional and Enterprise Business at Bybit.

Orbit Markets also highlighted the long-standing relationship between the two firms. “We have been one of the most active liquidity providers on Bybit for years. We’re excited to bring a new level of liquidity depth and execution quality to Bybit via RFQ,” said Tianjiao Sun, CTO at Orbit Markets.

Enhancing Liquidity and Execution

The partnership builds on an existing trading relationship rather than starting from scratch. Orbit Markets has already been active on Bybit for years, and its addition to the RFQ system simply extends that presence into a more structured institutional workflow. That matters because the strongest liquidity relationships in crypto often come from steady participation over time, not just one-off integrations.

Orbit Markets is not limited to RFQ execution either. The firm continues to operate in central limit order books, where it provides continuous two-way liquidity across thousands of options contracts. According to the information shared, Orbit Markets has facilitated more than $50 billion in notional volume year to date and holds leading market share rankings on a number of global exchanges.

Those figures point to a firm with meaningful reach in the crypto options space and explain why its integration into Bybit’s platform carries weight. For Bybit, this move is part of a bigger effort to build trust with institutional traders. The exchange has been expanding its advanced trading tools, tightening its security setup and keeping its reserve practices transparent as it competes for both retail and professional users.

With more than 80 million users worldwide, Bybit has grown into one of the biggest names in crypto trading, and it keeps pushing itself as a bridge between traditional finance and digital assets. The Orbit Markets integration is another sign that the crypto exchange race is no longer just about volume. It is increasingly about infrastructure, execution quality and the ability to serve more demanding traders. Bybit’s latest move suggests it wants to compete on all three fronts.