DUBAI, UAE, Aug. 8, 2026 /PRNewswire/ — Bybit, the world's second-largest cryptocurrency exchange by trading volume, has expanded its Unified Trading Account (UTA) Loan Interest-Free Borrowing program. The exchange has extended interest-free borrowing eligibility to 22 additional major crypto assets. Combined with USDT and USDC, the program now covers 24 assets in total.

The expansion aims to reduce funding costs for traders using Perpetual and Futures products, providing them with greater flexibility in capital management under Bybit's UTA framework. UTA lets traders use multiple supported assets as collateral across derivatives and other instruments within a single account, so automatic borrowing can be triggered when unrealized losses reduce available margin. As exchanges compete to attract active derivatives traders, lowering the friction and cost of maintaining leveraged positions has become a key differentiator, and interest-free borrowing on automatic margin shortfalls directly addresses one of the recurring expenses traders face during volatile market conditions.

Under the new framework, asset coverage for interest-free loans supports 24 assets, including BTC, ETH, SOL, XRP, ADA, OP, NEAR, DOT, DOGE, LINK, SUI, LTC, UNI, MNT, AAVE, BCH, HYPE, XLM, ETC, FIL, APT, and AVAX, alongside USDT and USDC. This significantly broadens the scope of supported assets from two mainstream stablecoins to over two dozen cryptocurrencies, meaning traders holding a wider range of spot assets can now benefit from the zero-interest treatment when those assets are effectively drawn upon to cover derivatives margin needs.

The new mechanism balances cost efficiency and flexibility for qualified traders on Bybit:

• Lower Borrowing Costs: Traders no longer need to absorb interest charges on automatic borrowing triggered by unrealized losses on Perpetual or Futures positions. A zero interest rate applies for eligible borrowing under this scenario, as long as the amount stays within the applicable limit.
• Greater Capital Efficiency: With financing costs reduced across a wide set of 24 assets, traders can hold and adjust positions with less drag from borrowing expenses, freeing up capital that would otherwise go toward interest payments.
• Tailored VIP Benefits: The higher a trader's VIP tier, the more borrowing capacity they unlock at zero interest. Because each account, including subaccounts, is assessed independently, traders running multiple accounts benefit from separate limits rather than a shared cap.

The interest-free benefit is specific to scenarios where unrealized losses on Perpetual or Futures positions activate automatic UTA borrowing. Manual borrowing, Spot Margin borrowing, Options borrowing, and other borrowing types are excluded. Once the borrowed amount exceeds the limit for an asset, interest applies to the full balance.

Borrowing limits across VIP tiers are pegged to the USD equivalent value of the borrowed asset at real-time prices and may shift with market conditions, with advance notice given before any change. Traders evaluating the program may want to compare the per-asset limits applicable to their VIP tier against their typical position sizes, since exceeding the threshold reverts the full borrowed balance to standard interest rates.

Bybit's expanded UTA Loan Interest-Free Borrowing program gives traders across VIP tiers more flexibility to manage positions without added costs. Committed to building the New Financial Platform for all, Bybit continues to introduce capital-efficient trading tools that support traders' evolving risk management needs.

Terms and conditions apply. For details on availability and eligibility, and specific limits by VIP tier and asset type, users may visit the UTA Loan documentation or the official announcement: Bybit expands interest-free borrowing to 22 more assets.

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