Bybit unifies loan products to improve funding efficiency for crypto traders

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ODAILY
05-20
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News: Cryptocurrency exchange Bybit announced the integration of staking lending (flexible loans) and lending trading (fixed-rate loans) into a simplified interface to enhance user experience and capital efficiency. This integration unifies the two loan types under the "Cryptocurrency Loans" page, adopting a new design layout that prioritizes usability and transparency. Key upgrades include cross margin model, shared collateral, tiered pledge rates, and updated interest calculation methods. All loan products will operate under a unified cross margin system, with collateral interchangeable between the two loan types, and all supported assets will follow a tiered collateral system reflecting risk conditions. The integration aims to simplify user interaction with loan products while improving capital flexibility. By integrating management tools and a unified risk model, the new approach can provide users with more control and lending clarity. Existing loan orders will remain unchanged.

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