Bybit has announced an adjustment to the Max Open Interest for its FORMUSDT contract, a move that aligns with the exchange's risk management policies for non-BTC contracts. The analytical report published in the material substantiates the following: this decision underscores Bybit's commitment to maintaining market integrity and managing risk effectively.
CEO Ben Zhou on Risk Management Adjustments
CEO Ben Zhou highlighted that the adjustment is part of a broader strategy to enhance risk management practices within the exchange. He noted that while changes in open interest could potentially influence liquidity in the market, there is no definitive data available at this time to support this claim.
Bybit's Proactive Approach
Bybit's proactive approach reflects its ongoing efforts to adapt to market conditions and ensure a stable trading environment for its users.
