bybit

Bybit

2026-09-28 22:02:09

Bybit to Accept Franklin Templeton Tokenized Money Fund Shares as Off-Exchange Collateral

Bybit and Franklin Templeton said they have entered a strategic collaboration that starts with a new collateral arrangement for eligible clients. Under the setup, traders can use tokenized shares of Franklin Templeton money market funds issued through the Benji platform as off-exchange collateral for trading on Bybit, without transferring those assets onto the exchange. The shares are pledged through custody platform ByCustody, while clients receive USDT or USDC credit lines on Bybit. The assets remain in custody and continue generating yield, while Bybit reflects their value within its trading system. The companies said the structure is designed to reduce counterparty exposure by keeping collateral off the exchange. Franklin Templeton and Bybit also said the partnership extends beyond collateral. Franklin Templeton, which manages $1.7 trillion, plans to launch a tokenized wealth product for investors holding assets in crypto wallets, with availability on Bybit and the Mantle network. Additional details will be released separately, and the companies also plan investor education programs for retail users.

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Bybit

2026-09-29 08:02:06

Bybit launches perpetual options campaign with prize pool of up to 65,000 USDT

Bybit has officially rolled out TradFi perpetual options, adding round-the-clock trading for underlying assets including SPCX, TSLA, NVDA, QQQ, and SOXL. The product supports small-sized orders, settles in USDT, and does not require users to open a brokerage account. Alongside the launch, the exchange has opened a promotional campaign running from Sept. 28 to Oct. 27. The event includes two reward pools. In the first, users who had no prior trading record in the product before the campaign can qualify as new participants. If their first valid order reaches at least 50 USDT in trading volume, the first 1,000 eligible users will each receive 5 USDT. The second is a volume challenge tied to the aggregate valid trading volume of all participants. As that total increases, the reward pool will unlock progressively, with the maximum pool reaching 65,000 USDT. Rewards from that pool will be shared by the top 50 users ranked by individual valid trading volume.

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Bybit

2026-09-28 14:51:56

Bybit lists KIIUSDT perpetual contract with up to 5x leverage

Bybit has added a new perpetual contract for Kiichain under the KIIUSDT trading pair, according to Odaily. The contract went live today and supports leverage of up to 5x. The source material did not provide additional details such as the exact launch schedule, funding terms, or other contract specifications. This is a brief market update based solely on the information disclosed in the original newsflash.

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Bybit

2026-09-28 11:41:12

Bybit Partners With Franklin Templeton to Accept Tokenized Money Market Fund Shares as Trading Collateral

Bybit said it has entered a strategic partnership with global asset manager Franklin Templeton, with the two sides set to work on tokenized assets, institutional liquidity and on-chain wealth management. The first rollout under the partnership is an off-exchange collateral program aimed at eligible institutional clients. Under the arrangement, clients can place tokenized shares of a Franklin Templeton money market fund issued through the Benji Technology Platform into ByCustody and use those holdings as collateral to obtain trading credit in USDT or USDC on Bybit. The assets do not need to be transferred onto the exchange, and investors can continue to earn yield on those positions. Yoyee Wang, Bybit’s global head of RWA and TradFi, said institutional adoption of digital assets is raising demand for capital efficiency, flexibility and risk management. Sandy Kaul, Franklin Templeton’s head of digital assets and industry advisory services, said tokenization is reshaping financial markets and that the partnership creates a new route for regulated yield-bearing assets to enter the digital asset market through a connection between Benji and Bybit.

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Franklin Temp

2026-09-28 11:35:59

Franklin Templeton extends off-exchange collateral program to Bybit

Franklin Templeton has expanded its off-exchange collateral program to Bybit, according to CoinDesk, giving users on the exchange a way to use tokenized money market fund shares as collateral for crypto trading. Under the arrangement, users can post those shares to borrow stablecoins such as USDT or USDC while the underlying assets continue to generate yield. The shares involved represent about $686 million in net assets. The underlying assets are not moved onto Bybit. Instead, they are held off-exchange by regulated custody platform ByCustody, while their value is mirrored inside Bybit’s trading environment. Franklin Templeton said the structure is designed to unlock trading liquidity without interrupting yield generation. The shares are issued through the firm’s Benji technology platform, its proprietary blockchain-integrated recordkeeping and transfer agent infrastructure, and currently offer a 3.7% annualized yield based on the latest seven-day rate. The Bybit expansion follows Franklin Templeton’s earlier off-exchange collateral arrangements for clients on Binance and OKX. Sandy Kaul, the firm’s head of digital assets and industry advisory services, said investors can now use collateral more efficiently across major exchanges and still earn yield. CoinDesk also noted that the move lines up with a wider industry pattern, with platforms including Crypto.com and Deribit allowing eligible users to post BlackRock’s BUIDL fund as trading collateral.

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Bybit

2026-09-28 08:42:31

Bybit launches ByPick, a free event market with a 100,000 USDT prize pool

Bybit has officially rolled out ByPick, a new free event market covering cryptocurrency, sports and esports topics. Users do not need to commit funds to take part. Instead, they can earn points by predicting event outcomes, build winning streaks and compete on seasonal leaderboards for a share of a 100,000 USDT prize pool. During the campaign, users receive 200 starting points after registering and can collect additional points through daily check-ins, trading tasks and friend referrals. The top-ranked user on the leaderboard can receive as much as 5,000 USDT. The announcement frames ByPick as a no-cost participation product centered on event prediction and point-based competition rather than direct capital deployment. The launch adds a new engagement feature to Bybit’s platform and places the product around several high-interest categories that include crypto, sports and esports.

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Ethereum

2026-09-28 08:04:56

casualpig.eth rebuilds an ETH position after a year, withdrawing 1,754 ETH from Bybit

On Sept. 28, BlockBeats reported that on-chain analyst Ai Yi (@ai_9684xtpa) had tracked fresh activity from the address casualpig.eth, which has reopened an Ether position after a year on the sidelines. Three hours before the report, the address withdrew 1,754 ETH from Bybit, with the transaction valued at about $4.65 million. The analyst also pointed to the wallet’s previous ETH trade cycle. That earlier round took place from August to October 2025, during the peak phase of the last market run. According to the data cited in the report, the address withdrew ETH at a price as high as $4,751.74, then exited when the price fell to $4,433.10. The estimated loss on that trade was $449,000. The latest withdrawal marks the address’s first new ETH accumulation in roughly a year, based on the monitoring shared by Ai Yi.

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Ethereum

2026-09-28 08:08:48

casualpig.eth rebuilds ETH position after a year, withdrawing 1,754 ETH from Bybit

On-chain monitoring shows that casualpig.eth has opened a new Ether position after roughly a year without building one. The address withdrew 1,754 ETH from cryptocurrency exchange Bybit a few hours ago, with the transfer valued at about $4.65 million. Its previous Ether trading activity dates back to August through October 2025, when it bought near a high at roughly $4,751.74 and later sent the holdings back to an exchange after the price fell to $4,433.1. Based on that round trip, the estimated loss was about $449,000. The latest withdrawal marks the address’s first renewed ETH positioning since that earlier trade cycle.

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