Discontinuation of BICO, GOAT, BLAST and SONIC as collateral and loanable assets

As part of our ongoing efforts to optimize our platform offerings, we'll discontinue BICO, GOAT, BLAST and SONIC as collateral and loanable assets starting Apr 29, 2026, 6AM UTC.

Timeline

Apr 24, 2026, 8AM UTC

We'll suspend all borrowing and lending services for BICO, GOAT, BLAST and SONIC. This includes Borrowing (UTA), Crypto Loans and Bybit Savings.

Apr 29, 2026, 6AM UTC

BICO, GOAT, BLAST and SONIC will no longer be accepted as collateral for Borrowing (UTA), Crypto Loans, Institutional Loans and Bybit Pay Later, nor as a means of repayment.

To prevent automatic repayment and potential asset losses, repay any outstanding liabilities in these tokens before this date.

Adjust your margin (if applicable) and closely monitor your maintenance margin rate (MMR) and loan-to-value (LTV) ratio to avoid potential liquidation.

If you use Bybit Pay Later and hold these tokens as collateral, adjust your positions to account for the reduced collateral value and increased liquidation risk.

Apr 30, 2026, 6AM UTC

We'll remove BICO, GOAT, BLAST and SONIC from Bybit Savings. Your principal and accrued yield from staking these tokens will be automatically credited to your Funding Account.

To avoid delays, we recommend initiating early redemptions.

Adjust your orders and financial strategies accordingly to accommodate these changes. We appreciate your understanding as we implement these updates.

Contact Customer Support if you have any questions.