Story

On air. The free wire runs 15 minutes behind live. See pricing

World, crypto, finance and tech news, scored for impact.

Crypto@Bybit_Official on XFiled 31 h ago

A post by @Bybit_Official on X.

Open the post on XPosted by @Bybit_Official on x.com

Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.

Bybit announced on X that its Hedge Mode now lets traders hold long and short positions simultaneously on the same contract, with conditional orders that execute at user-defined trigger prices. The feature targets derivatives traders who want to manage two-sided exposure on a single instrument rather than opening separate positions across contracts. Bybit did not disclose trading volume, open interest or user figures alongside the announcement. The update matters because it gives the exchange's futures traders finer control over hedging and automated entry and exit levels. What to watch next is whether rival derivatives venues match the same-contract hedging capability and whether Bybit reports any measurable shift in futures open interest.

Muhabbit's AI wrote this summary of @Bybit_Official's post in its own words. It can get details wrong, so read the post on X.

Named in this story

Bybit