Bybit to Delist Zilliqa as Collateral and Loan Asset
Bybit, a cryptocurrency exchange, has announced it will cease support for Zilliqa (ZIL) as a collateralizable or loanable asset starting September 7, 2026, at 8:00 AM UTC.
Service Suspension and Delisting Timeline
The platform has outlined a phased approach for the changes. Beginning September 2, 2026, at 8:00 AM UTC, all borrowing and lending services involving ZIL will be suspended. This includes services such as Borrowing (UTA), Crypto Loans, and Bybit Savings.
On September 7, 2026, at 8:00 AM UTC, ZIL will be officially removed as a collateral option for Borrowing (UTA), Crypto Loans, and Institutional Loans. It will also no longer be accepted for loan repayments.
Users with outstanding ZIL liabilities are required to settle them before the September 7 deadline. Failure to do so will result in automatic repayment of these liabilities, potentially leading to asset losses. Bybit strongly advises users to adjust their margin levels, if applicable, before this date and to closely monitor their maintenance margin rate (MMR) and loan-to-value (LTV) ratio to prevent liquidations.
Zilliqa Removed from Bybit Savings
Furthermore, on September 7, 2026, at 8:00 AM UTC, ZIL will be delisted from Bybit Savings. Any principal and accrued yield from ZIL staked within Bybit Savings will be automatically transferred to users’ Funding Accounts. The exchange recommends that users initiate early redemptions of their ZIL holdings to avoid any potential delays.
Bybit urges its users to take note of these upcoming changes and to adjust their orders and financial strategies accordingly. The exchange expressed its appreciation for user understanding and cooperation during the implementation of these updates.
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