Bybit Expands BYUSDT Use To TradFi CFD Margin Trading

02 Jul, 2026 Updated 02 Jul, 2026

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Kritika boasts over 4 years of experience in the financial news sector. Currently working as a crypto journalist at Coingape, she has consistently shown a knack for blockchain technology and cryptocurrencies. Kritika combines insightful analysis with a deep understanding of market trends. With a keen interest in technical analysis, she brings a nuanced perspective to her reporting, exploring the intersection of finance, technology, and emerging trends in the crypto space.

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an image to represent the Bybit AI Trading Skill launch

Bybit has added a new use case for its yield-seeking token, BYUSDT. A user is now able to use the token as margin collateral on the exchange’s TradFi platform for trading contracts for difference (CFDs).

About Bybit’s BYUSDT Yield Token

The update will enable traders to continue to generate yield on their BYUSDT holdings while simultaneously taking CFD trades with the same funds. In the past, only USDT was accepted as margin for TradFi trading.

BYUSDT can be traded only on Bybit. Increased by users’ USDT in exchange’s Flexible Easy Earn product at 1:1 ratio. The token also is intended to yield without the need for users to actively manage their funds.

The new margin option covers all the major asset classes on Bybit TradFi. These involve forex, gold, crude oil, global indices and stock CFDs.

According to the official website, Bybit has also created a rewards program for a limited time. This promotion is valid until 31/07/2026. It has a total prize pool of USDT 150,000 for the APR bonus.

The new users of the TradFi can get bonuses as soon as they complete their first trade in 5 days of their activation. The best reward features up to a 20x APR multiplier. The bonus is based on the daily net trading volume.

Users that exist will receive rewards for higher APR too. They offer bonuses that are based on the trading volume on the day before. As more trades are made, higher APR tiers are unlocked.

The crypto exchange noted that the weightings are four times greater for trading in stocks CFD. This is because traders can qualify for higher bonuses with smaller amounts of trading volumes.

Overview of Other Such Initiatives

Bybit also added that it already offers over 380 stock CFDs on its TradFi platform. There are no trading commissions and overnight fees for these products.

Users can switch their USDT to BYUSDT within the platform. The tokens can then be utilized as collateral to keep earning returns on investments.

It comes with the following eligibility criteria: BYUSDT and Bybit TradFi. Other restrictions and conditions of the platform apply regionally.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.