Bybit launches UTA Loan fixed-rate borrowing

We're introducing UTA Loan fixed-rate borrowing, expanding UTA Loan’s flexible borrowing options with fixed interest rates, fixed tenors, and locked borrowing quotas. This option is designed to help you better predict costs when using borrowed funds.

Effective time: Feb 28, 2026, 8AM UTC

Access path: UTA > Borrow > Fixed-rate borrowing

Key product features

1. Locked-in borrowing cost

You lock in the interest rate and tenor at the time of borrowing, ensuring that your borrowing cost remains unchanged throughout the loan term.

2. Reserved borrowing quota

Once your request is approved, the borrowing quota is reserved in advance, helping reduce failed borrowing requests during periods of market volatility or low liquidity.

3. Up to 10× leverage supported

Fixed-rate borrowing supports leverage of up to 10× for trading, liquidity provision and other leverage-driven use cases.

4. Re-borrow within the loan term

During the fixed-rate borrowing period, if liquidation is triggered and the loan is repaid, you can re-borrow before the original maturity date without additional interest. The maturity date will remain the same as your initial fixed-rate loan.

Example

• A user initiates a 7-day fixed-rate loan on Jan 1, 2026, with a maturity date of Jan 8, 2026.

• If the user is liquidated and repays the loan on Jan 3, they may re-borrow at any time before Jan 8, 2026. The re-borrowed amount will not accrue additional interest and the maturity date will remain Jan 8, 2026.

This option is designed to make borrowing more predictable and convenient, especially when you prefer a fixed cost for a fixed term.

Thank you for your continued support.