XRP Options Trading – Contract Specs, DEGEN Options & Strategies on PowerTrade

Looking to trade XRP options with flexibility, liquidity, and precision? PowerTrade offers one of the most complete altcoin options markets in crypto — including 12 expirations, short-dated DEGEN contracts, RFQ block trading, and deep strike coverage.

👉 Start trading XRP options on PowerTrade or PowerDEX.


What Are XRP Options?

XRP options are derivatives that give you the right but not the obligation to buy or sell XRP at a chosen strike price before expiry.

  • Call options: Bet on rising XRP prices.

  • Put options: Hedge or profit from downside moves.

Options allow traders to manage risk, capture volatility, and trade with defined downside — unlike perpetual futures where liquidation risk can wipe out your position.


Expiration Dates Available

PowerTrade offers 12 XRP option expirations, ranging from 10-minutes to daily to 12-month forwards.

  • Trade short-dated XRP options (daily / weekly) for momentum plays.

  • Use longer-dated contracts for hedging or strategic positioning.

This flexibility makes XRP options far more versatile than perpetual futures.


DEGEN Options – 10min & 1h Trading

For traders who thrive on fast markets, XRP also supports DEGEN options with 10-minute and 1-hour expirations.

⚡ Why DEGEN Options?

  • Capture micro-moves in XRP’s price action.

  • Trade with no liquidation risk.

  • Perfect for volatility spikes during news events or altcoin rotations.

👉 Try XRP DEGEN Options on PowerDEX.


Contract Specifications

Parameter
Details

Underlying

XRP (Ripple)

Ticker

$XRP

# Expirations

12

10min / 1h DEGEN Options

✅ Yes

Settlement Index

Quote Currency

USDC

Min Trade Size

1 XRP Option Contract

Premium Decimals

3

Collateral Accepted

✅ Yes

Order Book Link

Supported RFQ Strategies

XRP Call & Put Options, XRP Call/Put Spreads, XRP 1x2/1x3 Spreads, XRP Butterflies, XRP Condors, XRP Straddles, XRP Strangles, XRP Risk Reversals, XRP Calendar Spreads, XRP Seagulls, XRP Box Spreads

Min RFQ Size

1 XRP Option Contract


RFQ & Liquidity Access

For institutional traders, PowerTrade offers an RFQ (Request for Quote) system with block-trade execution, tight spreads, and deep liquidity. Retail traders can use the order book for instant fills.

👉 Join our 24/7 RFQ desk on Telegram: t.me/power_trade/1


Why Trade XRP Options on PowerTrade?

✅ 80+ altcoin markets (largest coverage in crypto) ✅ Tight bid-offer spreads & deep liquidity ✅ RFQ block trading for institutions ✅ Order book execution for retail traders ✅ DEGEN options with 10-minute expirations ✅ No liquidation risk vs perpetuals ✅ Trade on both CEX (PowerTrade) & DEX (PowerDEX)

👉 Start trading XRP options today.


Example XRP Option Strategies

  • XRP Call Spread: Buy a lower strike call, sell a higher strike call → bullish with limited risk.

  • XRP Protective Put: Hold spot XRP, buy puts to hedge downside.

  • XRP Straddle: Buy call + put at the same strike to trade volatility.

Each of these can be executed via the RFQ system or directly in the order book.


Technical Analysis & Market Sentiment

XRP remains a highly traded altcoin, often moving on regulatory headlines, adoption trends, and broader altcoin rotations. Options activity shows strong call skew during bullish momentum and put demand during corrections — giving traders insight into market sentiment.

👉 See our XRP Comprehensive Analysis for deep research.


How to Get Started

  1. Create an account on PowerTrade or PowerDEX.

  2. Deposit USDC.

  3. Navigate to the XRP options page.

  4. Select expirations and strikes.

  5. Trade via order book or RFQ.


Conclusion

XRP options give traders the tools to hedge, speculate, and capture volatility with defined downside and unmatched flexibility. With 12 expirations, DEGEN short-term contracts, and institutional RFQ access, PowerTrade is the leading venue for altcoin options.

👉 Trade smarter this altseason — start trading XRP options on PowerTrade or PowerDEX.


Last updated

Was this helpful?