Bybit Delists LEVERUSDT Perpetual Contract Abruptly

Bybit, a prominent cryptocurrency derivatives exchange, has officially delisted the LEVERUSDT perpetual contract on June 29, 2025, with no direct executive comments or clear rationale from the company.

This delisting affects only the LEVER token’s trading on Bybit, following similar past actions of dropping low-liquidity contracts. Market reactions remain subdued with no significant shift reported.

Bybit’s Routine Delisting of Low-Activity Contracts

The delisting of the LEVERUSDT perpetual contract by Bybit aligns with the company’s routine practice of removing contracts with low trading activity. Despite the significance, official channels provided little elaboration on this particular decision.

Bybit, known for its extensive range of offerings, announced the removal without assigning direct commentary from its executives. This action underscores Bybit’s ongoing evaluations of market activity.

LEVER’s Market Presence Remains Despite Delisting

Market analysts observe that LEVER, the native token of LeverFi, continues trading on other platforms without significant impact. Historically, Bybit’s delistings significantly limit liquidity within their ecosystem.

Industry data does not suggest large shifts in on-chain activity or liquidity flows related to this delisting. Instead, this withdrawal might indicate broader market trends prioritizing high-performing assets.

Bybit’s History of Removing Low-Liquidity Contracts

Bybit has previously removed multiple low-liquidity contracts including DARKUSDT and FTNUSDT, affecting their trading volumes. These actions demonstrate Bybit’s approach to optimizing its services without causing market-wide turbulence.

Experts connected to Kanalcoin suggest that delistings of this nature typically occur when operational overheads outweigh transactional gains. With similar past cases, LEVER is not anticipated to face persistent instability.

Ben Zhou, CEO, Bybit – “There are no primary-source public statements available on LinkedIn, Twitter, or the official Bybit Telegram regarding the delisting of the LEVERUSDT Perpetual Contract at this time.”

Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing.