Bybit has announced significant changes to its index calculation method for perpetual contracts starting in May 2025. These changes aim to improve market stability.
Updated Index Calculation Method
Bybit has updated its derivative index price method, significantly affecting its perpetual contracts. Recent adjustments include limits on order sizes and conversions of specific contracts, such as SXTUSDT and INITUSDT, from pre-market trading to standard perpetual formats. These steps are aimed at enhancing market price stability by using internal bid and ask prices instead of external references.
Impact of Changes on Trader Strategies
The changes may significantly impact how users interact with Bybit's offerings, influencing order placement strategies. Analysts suggest that these adjustments might help reduce risk but could also limit speculative opportunities for some traders. Financial impacts might include altered funding rates, which in turn could influence trader activities.
History of Previous Index Adjustments
Past adjustments in index calculation methods have aimed at improving contract reliability and market order efficiency. Experts highlight that such measures can further ensure stability amid market uncertainty. Bybit stated, "On May 12, 2025, we adjusted the Maximum Order Size for various Perpetual Contracts to enhance user protection."
The introduction of changes to the index pricing for Bybit's perpetual contracts emphasizes the platform’s commitment to enhancing stability and security for users in the cryptocurrency space.
