Bybit Delists GNOUSDT Perpetual: What Traders Need to Know

Bybit has announced the delisting of the GNOUSDT perpetual contract, effective June 8, 2026 at 08:00 UTC. This move affects futures traders holding open positions in GNO, though the token continues to trade on spot markets across multiple exchanges.

What Happened?

On June 1, 2026, Bybit published a notice stating that the GNOUSDT perpetual contract will be delisted due to periodic contract review. All open positions will be closed at the mark price at the delisting time, and any remaining positions will be auto-settled. This is a tier-3 alert, indicating moderate impact on liquidity and trading activity.

Note: The delisting applies only to Bybit's futures market. GNO spot trading on Bybit and other exchanges remains unaffected.

This follows a broader pattern of exchange reviews for GNO. In April 2026, Robinhood listed GNO on its spot market, signaling continued retail interest. However, the CoinDCX delisting in June 2025 (referenced in recent price analysis) has already pressured liquidity.

Token Snapshot

Gnosis (GNO) is an Ethereum-based ERC-20 token powering the Gnosis ecosystem, including prediction markets and the Gnosis Chain. Key metrics:

• Circulating supply: ~2.64 million GNO (total supply capped at ~3 million)
• Current price: ~$111.63 (at time of alert)
• 24-hour trading volume: ~$2.82 million across 250 active markets
• Major exchanges: Binance, Coinbase, Kraken, Uniswap, and others

The token is also used for staking on the Gnosis Chain and as governance within the ecosystem.

Risk Notes

• Futures liquidity risk: The Bybit delisting reduces available futures liquidity, which may increase slippage for large orders.
• Historical delisting pressure: Previous delistings (e.g., CoinDCX) have contributed to price weakness below key moving averages ($127–$130).
• Market sentiment: Brave search snippets indicate ongoing price struggles; treat these as unverified.
• Platform dependency: GNO’s utility is tied to the Gnosis ecosystem; any reduction in exchange support could affect accessibility.

Where to Trade

For traders seeking to manage GNO exposure, consider using automated strategies via our bot: Trade with our bot.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before trading.