Bybit Supports Renaming of CryptoGPT (GPT) to LayerAI (LAI)

Bybit will be implementing the renaming of CryptoGPT (GPT) to LayerAI (LAI) on Apr 23, 2024, 6AM UTC. To facilitate this process, we will suspend deposits, withdrawals, and transfers for the GPT token at the same time. The process is expected to take 24 hours.

Please take note of the following timelines:

Deposits and Withdrawals

• Suspension Time: Apr 23, 2024, 6AM UTC.

Delisting Timeline

• Spot Trading:
• Trading of the GPT/USDT pair on Bybit's Spot trading platform will cease after Apr 24, 2024, 6AM UTC. All open orders will be automatically removed at this time.

• Derivatives Trading:
• GPTUSDT Perpetual contracts and associated products will be delisted at 6AM UTC on Apr 24, 2024.
• All active orders for the GPTUSDT Perpetual contract will be canceled.
• All open positions for the GPTUSDT Perpetual contract will be closed based on the average index price in the last 30 minutes before delisting.

• Trading Bots:
• If you have active GPT/USDT Spot Grid bots, please close them before Apr 23, 2024, 6AM UTC, to avoid automatic termination.
• If you have active GPT/USDT Futures Grid bots, close them before Apr 24, 2024, 6AM UTC, to avoid automatic termination.

Kindly manage your orders accordingly before the specified timelines.

Please be aware that during the renaming process, your GPT assets may temporarily display as 0 in your Bybit account. Once the renaming process is complete, you will see LAI assets of equivalent value. The original GPT assets will be removed from your account.

For further assistance or inquiries, please contact our Customer Support team via this form.

You can also review Bybit's Token Management Rules here.

Thank you for your continued support.