Bybit, the world’s second-largest cryptocurrency exchange by trading volume, launched Bybit Odds on September 15, 2026, offering traders a simplified alternative to leveraged derivatives. The new Price View Contract product allows users to trade Bitcoin and Ethereum price movements with predetermined returns and defined maximum exposure, eliminating liquidation risk and leverage requirements.
- Available Assets: Bitcoin (BTC) and Ethereum (ETH)
- Trading Formats: Up/Down, Price Target, and Price Range contracts
- Time Periods: Five minutes, 15 minutes, and up to seven days
- Minimum Allocation: 5 USDT per trade
- Platform Integration: Web and App accessible through existing Bybit accounts
The product operates distinctly from conventional margin trading. Traders select a price view, allocate their desired USDT amount, and receive a fixed return calculation before confirming the trade. Since positions carry no leverage and are not subject to liquidation or margin calls, users determine their maximum risk exposure at entry rather than managing changing margin requirements as prices fluctuate. Bybit Odds integrates with the platform’s Unified Trading Account and draws liquidity from institutional market makers.
The three contract formats address varied trading timeframes and strategies. The Up/Down format offers straightforward directional bets on whether prices will close higher or lower during a selected period. Price Target contracts let traders predict whether assets will exceed or fall below specified price levels, while Price Range contracts allow users to bet on price consolidation or breakouts from defined bands.
Bybit serves more than 80 million users globally and operates as an intelligent financial platform combining investing, trading, payments, and wealth-building services.
