Bybit Expands Interest-Free Borrowing to 24 Assets

Bybit has expanded its UTA Loan Interest-Free Borrowing program to cover 24 assets, including BTC, ETH, SOL, XRP, ADA, and more. The expansion helps reduce funding costs for traders using Perpetual and Futures products on Bybit's Unified Trading Account framework.

The program now supports interest-free borrowing for a wide range of cryptocurrencies, significantly broadening the scope from just two mainstream stablecoins to over a dozen assets. This includes BTC, ETH, SOL, XRP, ADA, OP, NEAR, DOT, DOGE, LINK, SUI, LTC, UNI, MNT, AAVE, BCH, HYPE, XLM, ETC, FIL, APT, and AVAX, in addition to USDT and USDC.

The interest-free benefit is specific to scenarios where unrealized losses on Perpetual or Futures positions activate automatic UTA borrowing. Traders can now hold and adjust positions with less drag from borrowing expenses, freeing up capital that would otherwise go toward interest payments.

Bybit's expanded UTA Loan Interest-Free Borrowing program gives traders across VIP tiers more flexibility to manage positions without added costs. The company continues to introduce capital-efficient trading tools that support traders' evolving risk management needs.