Bybit Unveils Model Context Protocol for Multi-Agent Trading

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has expanded its AI capabilities to the infrastructure layer with the official release of its Model Context Protocol (MCP). This protocol provides standardized infrastructure for professional traders and developers to build multi-agent trading systems.

The MCP allows traders to access live market data, execute trades, and manage portfolios through natural language commands. It also enables developers to compose advanced systems with deep customizations and deploy complex automated strategies across the full data-to-execution user journey.

According to Victor Wu, Head of AI Agent Architecture at Bybit, 'Every exchange is building AI features. Bybit is building AI infrastructure.' The MCP standard provides a common protocol for AI agents to discover and integrate with external tools and data sources, representing a shift towards open standards for interoperability.