Delisting of Bybit Leveraged Tokens: SOL3L/USDT and SOL3S/USDT

Nov 10, 2022Delistings

Disclaimer: This is a general announcement. Products and services referred to here may not be available in your region. Please refer to T&C for more details.

Bybit will delist SOL3L/USDT and SOL3S/USDT Leveraged Tokens pairs on Nov 10, 2022, at 8AM UTC.

Trading of SOL3L/USDT and SOL3S/USDT Leveraged Tokens pairs will no longer be supported and all orders will be automatically removed.

Purchase and redemption operations of SOL3L and SOL3S Leveraged Tokens will also cease at the same time.

It is recommended to exchange SOL3L and SOL3S for other Leveraged Tokens. If you hold SOL3L or SOL3S Leveraged Tokens at the time of delisting, Bybit will convert the net assets of the Leveraged Tokens into the equivalent USDT amount. Once the conversion is complete, the SOL3L or SOL3S Leveraged Tokens will be removed from your wallet. The converted USDT net assets will be distributed to you within 72 hours.

We apologize for any inconvenience caused. If you have any questions, please contact us at support@bybit.com.

Risk warning: Leveraged tokens are more suitable for short-term investments and can obtain higher returns when market fluctuations occur. If you hold leveraged tokens for a long time and during a lack of market momentum, the value of the token will be affected by the daily holding cost of the token itself and depreciate. Note that leveraged tokens are not the same as leveraged trading, and their price performance is not consistent.

The information provided here should not be considered financial or investment advice by Bybit. All trading strategies are at your own discretion and risk. Bybit is not responsible for any losses you may incur from using leveraged tokens.

Thank you for your support.