Major Exchange to Delist 15 Crypto Trading Pairs, Liquidity Risks in Focus — TradingView News
Bybit, the world’s second-largest crypto exchange, is about to ax 15 perpetual contracts in one of its biggest delistings of this year. Starting from Oct. 21, ByBit users will see the removal of BDXN, NODE, AGT, FIS, SKATE, FHE, GORK, TANSSI, TOKEN, OSMO, SCAU, DMC, MAJOR, FRAG and SWELL against USDT, phased out in three windows.
The tickets on the list may look random, but digging deeper at their market profiles shows a common thread: most of them are low liquidity, small-cap assets that have struggled to keep any meaningful derivatives activity alive. Osmosis (OSMO) and StaFi (FIS) once carried traction in DeFi staking circles but now report 24-hour volume under $10 million.
Skate and Tanssi were metaverse/GameFi experiments that…