Bybit Introduces Bybit Odds: Fixed-Risk BTC and ETH Trades

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has launched Bybit Odds, a new Price View Contract that allows traders to back a Bitcoin or Ethereum price view for a fixed return with no leverage and no liquidation risk.

The product sets the trader's maximum exposure at the moment of entry, removing the mechanism of leveraging that can result in liquidation if the market moves against it and margin runs out.

Bybit Odds is available in three contract formats: Up/Down, Price Target, and Price Range. The product ships with trading periods ranging from five minutes to seven days, covering both short-term and multi-day views.