Tag: Exchanges

Bybit to Adjust Funding Rate Limits for SKHYNIXUSDT Perpetual Contracts

Effective July 10, 2026, at 8:15 AM UTC, Bybit will implement adjustments to the funding rate limits for its SKHYNIXUSDT Perpetual Contracts.

The updated limits are as follows:

| Limit | Before Adjustment | After Adjustment |
| :— | :— | :— |
| Upper Limit | +2% | +1% |
| Lower Limit | -2% | -1% |

In light of these modifications, the exchange advises users to trade responsibly and consider utilizing lower leverage levels to mitigate potential account risks.

Bybit noted that funding rates and intervals remain subject to further adjustment should extreme market conditions arise. Users are encouraged to monitor official announcements for the most current information.

Binance Expands Stock Offerings with SK Hynix ADR

To broaden its range of trading options and enhance the user experience, Binance will introduce whole-share, regular-hours limit orders for SK Hynix Inc. American Depositary Receipts (ADRs) on a when-issued basis. Trading under the temporary symbol SKHYV is scheduled to commence on July 10, 2026, at 09:05 UTC.

Each SK Hynix ADR represents one-tenth (1/10) of one ordinary share of SK Hynix Inc. as listed on the Korea Exchange. Investors should note that holders are subject to standard ADR fees imposed by the depositary bank.

Trading Schedule and Symbol Transition

When-issued trading for SKHYV is slated to begin on July 10, 2026, and will conclude at 20:00 UTC the same day. The ticker symbol is expected to transition to SKHY for regular-way trading effective July 13, 2026, at 13:30 UTC.

Consistent with historical Nasdaq patterns for high-profile initial public offerings, the security is not expected to open at the standard 13:30 UTC time. An initial price discovery phase—during which the exchange matches buy and sell orders to establish the first public trading price—typically lasts for several hours. During this period, orders will be queued and will not execute until the market officially opens for SKHYV. Any unfilled orders remaining at the conclusion of the when-issued session will expire.

Market Regulations and Risk Management

Limit Up Limit Down (LULD) bands apply to all National Market System (NMS) stocks, including IPOs. Should price volatility exceed these bands, trading will be paused. In the event of a Nasdaq-imposed halt on SKHYV or SKHY, trading will remain suspended until the exchange lifts the restriction. During such halts, the placement of new orders is prohibited; pending market orders will be cancelled, while pending limit orders will remain in the system.

Partnered brokers may implement net buy restrictions or caps. Under these conditions, new buy orders may be rejected, though risk-reducing sell orders may remain permissible depending on specific broker controls.

Fully Paid Securities Lending (FPSL) for SKHY will become eligible once trades are fully settled, following the standard T+1 trading day cycle.

Trading of these new securities remains subject to eligibility requirements based on the user’s country or region of residence. Binance reserves the right to amend or cancel this offering at its sole discretion without prior notice.

Bybit to Delist KORUUSDT Perpetual Contract

Cryptocurrency exchange Bybit has announced the upcoming delisting of its KORUUSDT Perpetual Contract, effective July 13, 2026, at 10:00 AM UTC.

Following the delisting, trading for the KORUUSDT Perpetual Contract will no longer be supported. The exchange has outlined the following procedures for the transition:

• Order Cancellation: All active and conditional orders for the KORUUSDT Perpetual Contract will be automatically canceled.
• Position Liquidation: Any open positions in the contract will be closed automatically. The final settlement price will be determined by the average index price recorded during the 30-minute window preceding the delisting.
• Trading Bots and Copy Trading: The KORUUSDT Perpetual Contract will be removed from all Trading Bot services. Additionally, all unfilled orders associated with the contract within the Copy Trading platform will be automatically canceled.

Bybit has advised users to manage their positions accordingly ahead of the scheduled delisting.

Bybit Lists COSTUSDT Perpetual Contract, Offering Up to 20x Leverage

Cryptocurrency exchange Bybit has announced the listing of its COSTUSDT Perpetual Contract, enabling traders to engage with the asset with leverage of up to 20 times.

The new contract is also accessible through Bybit’s suite of Futures bots, including Futures Grid, Futures Martingale, and Futures Combo.

The COSTUSDT Perpetual Contract is based on the underlying asset Costco Wholesale Corporation (COST) and settles in USDT. The contract features a tick size of 0.01 and a maximum leverage of 20.

Key details of the COSTUSDT Perpetual Contract include a capped funding rate of 2.5%, with funding fees settled every 8 hours. Trading is available 24/7.

Bybit will cease support for its ESUSDT Perpetual Contract on July 10, 2026, at 9:00 AM UTC, the exchange announced. This delisting will affect all users, including those employing automated trading strategies.

Following the delisting, Bybit will automatically cancel all active and conditional orders for the ESUSDT Perpetual Contract. Open positions will also be automatically closed, with the settlement price determined by the average index price over the 30 minutes preceding the delisting.

The ESUSDT Perpetual Contract will be removed from Bybit’s Trading Bots service. Additionally, all unfilled orders within the Copy Trading feature related to this contract will be canceled.

Traders are advised to manage their positions and orders for the ESUSDT Perpetual Contract before the July 10 deadline to prevent automatic closures and cancellations.

Broader Context

Source materials place the announcement in this context: Bybit will be delisting the ESUSDT Perpetual Contract at Jul 10, 2026, 9:00AM UTC.

Bybit has introduced the SHAZUSDT Perpetual Contract, allowing traders to engage with the Sharonai Holdings (SHAZ) token against Tether (USDT) with leverage up to 20x. Trading for this new derivative instrument is now live on the platform.

The contract is designed to offer flexibility and accessibility, integrating with Bybit’s suite of Futures bots, including Futures Grid, Futures Martingale, and Futures Combo. This integration aims to provide users with automated trading strategies.

Key specifications for the SHAZUSDT Perpetual Contract include a maximum leverage of 20x, a tick size of 0.01, and a capped funding rate of 2.5%. Funding fees are settled every 8 hours, with trading available 24/7.

While the listing provides a new avenue for trading SHAZ, users should be aware of the inherent risks associated with leveraged trading. Notably, the official X account for Sharonai Holdings was listed as N/A in the provided information.

Why This Matters

The materials describe a narrow update: Bybit has launched a new perpetual contract for SHAZUSDT, allowing users to trade with a maximum leverage of 20x. Official X account for Sharonai Holdings is N/A.

Broader Context

Source materials place the announcement in this context: Bybit has listed the SHAZUSDT Perpetual Contract.

Bybit to Adjust Risk Limits and Leverage for Select Perpetual Contracts

Cryptocurrency exchange Bybit announced it will be adjusting the risk limits and applicable leverage for a number of its Perpetual Contracts. The changes are intended to enhance the trading experience for users.

Implementation Timeline

These adjustments are scheduled to take effect and be automatically applied to user accounts by approximately 7:30 AM UTC on July 8, 2026.

Affected Contracts

The following Perpetual Contracts will see their risk limits modified:

BLURUSDT, FARTCOINUSDT, SIGNUSDT, WCTUSDT, AUSDT, AGLDUSDT, PLUMEUSDT, COMPUSDT, THETAUSDT, RENDERUSDT, CAKEUSDT, STRKUSDT, VIRTUALUSDT, IMXUSDT, DASHUSDT, XMRUSDT, CRVUSDT, ZROUSDT, JASMYUSDT, NEOUSDT, EGLDUSDT, JTOUSDT, 0GUSDT, WUSDT, KAIAUSDT, RESOLVUSDT, FFUSDT, DEXEUSDT, VANRYUSDT, TLMUSDT, MUBARAKUSDT, RAREUSDT.

Updated risk limit information can be found on Bybit’s website.

Position Management Requirements

If, by the July 8, 2026, 7:30 AM UTC deadline, a user’s existing position does not meet the new margin requirements and the adjustment cannot be applied to their account, they will only be permitted to reduce their affected Perpetual Contract position. Any orders aimed at increasing the position size will be restricted until the user selects a supported risk limit or leverage.

Bybit strongly recommends that users manage their positions and account risk by transferring additional funds or adjusting their settings by July 25, 2026, 7:30 AM UTC to prevent potential liquidations.

Impact on Copy Trading and Trading Bots

These changes will also extend to positions held within Bybit’s Copy Trading and Trading Bot services. Existing positions managed by a Trading Bot will not be automatically closed, and the bot will not place new orders during a specified buffer period. Users are advised to manually terminate their bots or increase their investment within the bot before the buffer period concludes to accommodate the new risk limits.

Further details regarding Bybit’s risk limit rules are available in their help center.