Delistings

Bybit will be discontinuing the support of DRIFT as a collateralizable or loanable asset from Apr 3, 2026, 8:00AM UTC.

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

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

• Any outstanding DRIFT liabilities must be repaid before Apr 3, 2026, 8:00AM UTC. Failure to do so will trigger automatic repayment of DRIFT liabilities and may lead to potential asset losses.  

• We strongly encourage users to adjust their margin before Apr 3, 2026, 8:00AM UTC, if applicable, and closely monitor the maintenance margin rate (MMR) and loan-to-value (LTV) ratio to avoid any potential liquidation.  

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

• Users are recommended to initiate early redemptions of DRIFT 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 DRIFT  as  Collateral and Lending Asset

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Announcement

Discontinuation of DRIFT as Collateral and Lending Asset