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Bybit Adjusts Max Open Interest for FORMUSDT Perpetual Contract

Bybit Adjusts Max Open Interest for FORMUSDT Perpetual Contract

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by Ayman Ben Youssef

2 hours ago

In a recent announcement, Bybit has made a strategic adjustment to the Max Open Interest for its FORMUSDT Perpetual Contract. This move is designed to improve the trading experience for users while also enhancing risk management protocols. The analytical report published in the material substantiates the following: this change is expected to lead to increased liquidity and more efficient market operations.

Confirmation of Adjustment by CEO Ben Zhou

CEO Ben Zhou confirmed the adjustment, emphasizing the platform's commitment to optimizing market integrity.

Bybit's Commitment to a Safer Trading Environment

Bybit aims to create a safer trading environment for its users, ensuring that risk is effectively managed.

Market Impact and Institutional Trading Behavior

Despite these changes, the market has not yet seen any significant impacts on asset prices or shifts in institutional trading behavior.

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