Bybit has had a makeover, adding new perpetual contracts, rejigging its trading engine, and reducing its margin requirements. The upgrades mark the biggest upgrade to the Singapore-headquartered exchange since its launch two years ago. Futures exchanges, which were once considered exotic among retail traders, have become normalized within the crypto industry, soaking up significant volume that once went to spot exchanges. Bybit has been one of the beneficiaries of this trend, seeing its volume swell to over $1 billion a day. The biggest talking point from Bybit’s new flurry of features is its addition of USDT perpetual contracts. Adopting Tether
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