Bybit has announced changes to the FLMUSDT Perpetual Contract, enhancing risk management strategies amid market shifts. While the contract remains active, adjustments to "Max. Open Interest" have been imposed to manage potential liquidity issues.
Bybit's Leadership and Risk Management Approach
Bybit's leadership, under CEO Ben Zhou, has not confirmed a delisting. The significant action is the revision of trade parameters. This preemptive measure ensures better handling of FLM's market volatility.
Stability Expected Despite Other Platforms' Delistings
Financial analysts suggest that the risk adjustments could stabilize Bybit’s market exposure to FLM. These limitations signal a cautious approach, as other platforms like Binance proceed with complete delistings, impacting FLM's overall liquidity.
The financial outlook for FLM includes potential volatility from shifting liquidity pools. Historical tendencies show that delisting from main exchanges typically depresses token prices, while Bybit’s stance offers a temporary hedge.
Patterns of Bybit's Risk Strategy Among Exchanges
Bybit's history of delistings, such as DOGSUSDT and BADGERUSDT, typically coincides with liquidity drops. These moves reflect consistent risk management practices seen across centralized exchanges reacting to market changes.
Experts highlight that Bybit’s strategy follows a known pattern among exchanges handling market risk. The data-driven adjustment for FLM mirrors previous instances where limiting exposure cushioned against market shocks affecting similar crypto assets.
Changes of Max. Open Interest for FLMUSDT Perpetual Contract. Oct 29, 2025. - Bybit Team, Official Announcements

