Latest Bybit News

通用banner.jpeg

Bybit will be discontinuing the support of AGIX as a collateralizable or loanable asset from June 13, 2024.

• All borrowing and lending services for AGIX will be suspended, including Borrowing (UTA), Spot Margin, Crypto Loans, and Bybit Savings.

• AGIX will no longer be accepted as collateral on Borrowing (UTA), Spot Margin, Crypto Loans, and Institutional Loans, and cannot be used for repayment. 

• Any outstanding AGIX liabilities must be repaid before June 26, 2024, 10AM UTC. Failure to do so will trigger automatic repayment of AGIX liabilities and may lead to potential asset losses.  

• We strongly encourage users to adjust their margin before June 26, 2024, 10AM UTC, if applicable, and closely monitor the maintenance margin rate (MMR) and loan-to-value (LTV) ratio to avoid any potential liquidation.  

• AGIX will be removed from Bybit Savings. Users' principal and accrued yield from staking AGIX in Bybit Savings will be automatically credited to Funding Accounts. 

• Users are recommended to initiate early redemptions of AGIX to avoid delays.

We strongly recommend users to take note of these upcoming changes and adjust their orders and financial strategies accordingly.

We appreciate your understanding and cooperation as we implement these updates.

Discontinuation of AGIX as Collateral and Lending Asset

Stay on top of the latest listings, launches and what’s trending.

Be the first to get critical insights and analysis of the crypto world. Subscribe to our newsletter now.

Bybit Announcement

Daily Crypto Market Movement at Your Fingertips.

Thank you for subscribing!

Daily Bits

Stay on top of the latest listings, launches and what’s trending. Claim $50 bonus when you deposit $100 and trade $10 today!