Discontinuation of FXS as Collateral and Lending Asset

Bybit will be discontinuing the support of FXS as a collateralizable or loanable asset from Jan 5, 2026, 8:00AM UTC.

Planned Schedule for Changes:

Dec 30, 2025, 8:00AM UTC

• All borrowing and lending services for FXS will be suspended, including Borrowing (UTA), Crypto Loans, and Bybit Savings.

Jan 5, 2026, 8:00AM UTC

• FXS will no longer be accepted as collateral on Borrowing (UTA), Crypto Loans, and Institutional Loans, and cannot be used for repayment.

• Any outstanding FXS liabilities must be repaid before Jan 5, 2026, 8:00AM UTC. Failure to do so will trigger automatic repayment of FXS liabilities and may lead to potential asset losses.

• We strongly encourage users to adjust their margin before Jan 5, 2026, 8:00AM UTC, if applicable, and closely monitor the maintenance margin rate (MMR) and loan-to-value (LTV) ratio to avoid any potential liquidation.

Jan 6, 2026, 8:00AM UTC

• FXS will be removed from Bybit Savings. Users' principal and accrued yield from staking FXS in Bybit Savings will be automatically credited to Funding Accounts.

• Users are recommended to initiate early redemptions of FXS to avoid delays.

We strongly recommend users to take note of these upcoming changes and adjust their orders and financial strategies accordingly.

We appreciate your understanding and cooperation as we implement these updates.