Bybit issues statement on TradFi Perpetual Contracts’ lack of affiliation with asset issuers

Bybit issues statement on TradFi Perpetual Contracts’ lack of affiliation with asset issuers
Bybit clarifies tradfi contracts status

Bybit announced that its TradFi Perpetual Contracts are independently issued and are not connected to any issuer of the underlying assets or associated exchanges. Third-party names and trademarks are used solely for identification purposes.

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Bybit clarified that its TradFi Perpetual Contracts are independently issued and bear no affiliation with issuers of the underlying assets or related exchanges. The use of third-party names and trademarks is solely for identification purposes according to the broker. No further information or details about the contracts were provided in the announcement.

Bybit is a cryptocurrency exchange focused on derivatives trading, offering a proprietary platform that integrates with TradingView for streamlined market analysis and execution. The broker provides leveraged trading up to 100x, both futures and perpetual contracts, copy trading for spot and derivatives, and supports instant deposits and withdrawals. For more details on account types, regulation, and additional features, see the broker profile on Traders Union.

For more background, our earlier news about Bybit covered how Hyperliquid's surge in open interest and trading volume led it to overtake major exchanges like Bybit in crypto derivatives market share. You can read the details in the previous Bybit update on Traders Union.

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