Exchange Action and Market Impact
Bybit has announced the delisting of $QUICK, $MYRO, and $RIF perpetual contracts, effective December 1, 2025, to maintain compliance and market quality measures.
These delistings may affect liquidity and market confidence, illustrating broader exchange trends in managing less liquid tokens.
The move involves Bybit, a prominent cryptocurrency exchange, executing a routine market quality measure. Perpetual futures contracts of the affected tokens will cease trading, while spot market trading remains unaffected across various platforms.
The delisting primarily impacts liquidity and may influence market confidence. It underscores Bybit's focus on market standards, resulting in deals drawn from less-liquid tokens. Such actions are standard practice for exchanges refining their token lists.
Financial and Community Repercussions
Financial implications include potential reductions in institutional interest and possible declines in token value. Community sentiment remains tempered, with Bybit offering a grace period for withdrawals post-delisting for responsible asset management.
Historical Context and Compliance Trends
Previous delistings on Bybit showed similar market patterns, affecting pricing and trade volumes. Futures contracts' removal often leads to lowered trade activity but can stabilize the market for more robust tokens.
The action aligns with tightening measures for compliance and market health, following trends in exchange policy decisions. Historical precedents suggest that such delistings are customary as exchanges aim to enhance trading experience.
Bybit has officially announced the delisting of $QUICK, $MYRO, and $RIF perpetual contracts effective December 1, 2025.