Bybit Delists ESUSDT Perpetual Contract: What Eclipse (ES) Holders Need to Know

Bybit has officially announced the delisting of the ESUSDT perpetual contract, sending shockwaves through the Eclipse (ES) market. The token, already down 21.27% in the last 24 hours, faces heightened uncertainty as one of its primary futures venues closes the door. This article breaks down the announcement, its implications, and what ES holders should consider next.

What Happened?

On July 8, 2026, Bybit issued a notice that the ESUSDT perpetual contract will be delisted effective July 15, 2026. The exchange cited standard review processes, though specific reasons were not detailed. This follows a broader trend of exchanges tightening listing standards, especially for tokens with lower liquidity or market cap. Eclipse (ES) has a current circulating supply of ~132.6 million tokens out of a total supply of 1 billion, with a self-reported circulating supply of 145.1 million.

The delisting notice gives traders a one-week window to close positions and withdraw funds. After July 15, all open positions will be auto-settled at the prevailing market price.

Token Snapshot

Eclipse (ES) launched in July 2025 and operates across Ethereum, Solana, and its own Eclipse ecosystem. Key metadata:

• Symbol: ES
• Name: Eclipse
• Current Price: $0.0053284 (down 21.27% in 24h)
• Circulating Supply: 132,647,860 (self-reported: 145,100,000)
• Total Supply: 1,000,000,000
• 24h Volume: $2,894,310
• Active Markets: 81
• Tags: DeFi, Ethereum Ecosystem, Solana Ecosystem, Eclipse Ecosystem

Notably, the project recently revised its tokenomics to a fixed 100 million supply, allocating 47% to early investors and contributors and 53% to ecosystem development and liquidity. This came after being placed on delisting watchlists by South Korean exchanges Bithumb and Coinone.

Risk Notes

Delisting events often trigger sharp price declines—historical data shows drops of 25–30% within hours of similar announcements. For ES, the 24-hour decline of 21% already reflects market reaction. Key risks include:

• Liquidity Crunch: With Bybit futures gone, spot trading on remaining 81 markets may see reduced depth.
• Exchange Contagion: Previous watchlist placements by Bithumb and Coinone suggest further delisting risks on other platforms.
• Tokenomics Uncertainty: The revised fixed supply and allocation changes may not fully reassure investors amid exchange exits.
• Regulatory Pressure: Broader regulatory scrutiny on smaller-cap tokens could accelerate delistings.

Where to Trade?

While Bybit futures are closing, ES remains tradable on 81 spot markets. For automated trading strategies or to manage your position, consider using our dedicated bot: Trade with our bot.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry high risk. Always do your own research before trading.