In a significant move to enhance its trading platform, Bybit has announced the delisting of the OBOLUSDT Perpetual Contract, effective December 12, 2025. This decision underscores the exchange's commitment to managing risk and liquidity for its users, and the document provides a justification for the fact that such measures are essential for maintaining a robust trading environment.
Delisting Announcement
The delisting will take place at 9:00 AM UTC, and traders currently holding OBOLUSDT positions are encouraged to reassess their strategies in light of this change. Importantly, the delisting will not impact spot markets or major cryptocurrencies, allowing traders to continue their activities without disruption.
Bybit's Automatic Settlement Policy
Bybit has implemented a policy for the automatic settlement of existing positions, which aims to facilitate a seamless transition for those affected by the delisting. This proactive approach is consistent with Bybit's historical practices of removing contracts to uphold liquidity standards, a strategy mirrored by other leading exchanges in the cryptocurrency sector.
In contrast to Bybit's recent delisting of the OBOLUSDT Perpetual Contract, Bithumb has announced plans to delist the Elixir (ELX) token, effective January 12, 2026. For more details, see read more.
