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To maintain a fair, transparent and stable trading environment, Bybit will soon begin applying an 

 to selected Perpetual Contracts in accordance with our Perpetual Contract Management Rules.

The ST Tag indicates that a contract currently carries elevated market or operational risk. Contracts marked with an ST Tag will be subject to enhanced monitoring and may face 

trading restrictions, suspension or delisting if necessary

A Perpetual Contract may be assigned an ST Tag if it meets one or more of the following conditions:

Extremely low trading volume on Bybit or poor liquidity across the underlying index constituent exchanges.

 Unusual price spikes, flash crashes or sustained deviation from the broader market or reference price.

Security incidents, critical technical issues, governance concerns, regulatory pressure, or any material event that impacts the safety or viability of the underlying asset.

For full details on the ST mechanism, trigger conditions and possible measures, please refer to the official rules here: [Bybit Perpetual Contract Management Rules](https://www.bybit.com/en/help-center/article/Bybit-Perpetual-Contract-Management-Rules).

Thank you for your continued trust and support! If you have any questions, please contact our Customer Support team.

[Important] Introducing the ST (Special Treatment) Warning for Perpetual Contracts

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