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Bybit Ends Support for RIFSOLUSDT, BLUEUSDT, Closes Web3 NFT Marketplace

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by Giorgi Kostiuk

21 hours ago


Bybit has announced strategic changes, including the delisting of certain contracts and the closure of several platforms in April 2025.

Contract Delisting

Bybit will cease trading support for the RIFSOLUSDT and BLUEUSDT Perpetual Contracts on April 7, 2025, at 9:00 AM UTC. All active and conditional orders will be automatically canceled, and any open positions will be forcibly closed based on the average index price from the 30 minutes leading up to delisting.

NFT and IDO Platform Closure

Bybit will discontinue its Web3 NFT Marketplace, Inscription Marketplace, and IDO product pages on April 8, 2025, at 16:00 UTC. Users are urged to manage their assets before the shutdown.

New Risk Management Tools

Bybit also announced the launch of Equity Trailing Stop, an automated risk management tool that integrates with trading bots for 24/7 monitoring.

These measures indicate Bybit's ongoing efforts to optimize its services and enhance risk management efficiency for traders.

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