Bybit Expands Interest-Free Borrowing to 24 Assets

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has expanded its UTA Loan Interest-Free Borrowing program to support a wider range of assets.

The program now covers 24 assets in total, including major cryptocurrencies like BTC, ETH, SOL, and XRP, as well as stablecoins USDT and USDC.

This expansion aims to reduce funding costs for traders using Perpetual and Futures products on Bybit's Unified Trading Account (UTA) framework.

Under the new mechanism, asset coverage for interest-free loans now supports 24 assets, with zero interest rate applying for eligible borrowing scenarios triggered by unrealized losses on Perpetual or Futures positions.