Bybit Delists HIGHUSDT Perpetual Contract: What Traders Need to Know

Bybit has announced the delisting of the HIGHUSDT perpetual contract, set to take effect on July 24, 2026, at 08:00 UTC. This move adds to a series of exchange exits for Highstreet (HIGH), following recent delistings on Binance and Bithumb. For traders holding positions, understanding the timeline and implications is critical.

What Happened and Why It Matters

Bybit’s decision to delist HIGHUSDT perpetual is part of a broader trend of exchanges tightening listing standards. According to recent reports, crypto exchanges are increasingly reviewing trading volume and liquidity depth—tokens with thin real trading are being removed to reduce dead weight. Highstreet, a metaverse and gaming token launched in 2021, has seen its price decline significantly amid these pressures.

The delisting history for HIGH is notable:

• April 14, 2026: Binance placed HIGH under a Monitoring Tag (tier 2 alert).
• June 5, 2026: Binance announced a multi-delisting including HIGH (tier 1 alert).
• June 11, 2026: Bithumb delisted HIGH on spot markets (tier 3 alert).
• July 17, 2026: Bybit futures delisting announced (tier 3 alert).

Price action has been volatile. On July 12-13, 2026, HIGH experienced sharp drops of up to -16.62% in a single day on Binance futures, followed by brief recoveries. As of the latest alert, the price was $0.02417956—down over 70% from levels seen in early June.

Token Snapshot: Highstreet (HIGH)

Highstreet is an Ethereum-based token powering a metaverse and gaming ecosystem. Key details:

• Current supply: 100,000,000 HIGH; circulating supply: ~78.39 million.
• Last known price: $0.11239174 USD (CoinGecko), though recent trades are much lower.
• Active markets: 192, with $4.9 million in 24-hour volume.
• Tags: Metaverse, Gaming, DeFi, Binance Launchpool, Animoca Brands Portfolio.

Despite its backing by notable investors, the token has faced mounting delisting pressure, likely due to declining liquidity and trading activity.

Risk Notes for Traders

Delistings can have severe effects on token accessibility and price. As highlighted by industry analysis, when an exchange delists a cryptocurrency, it becomes inaccessible for trade on that platform, often triggering a decline as liquidity vanishes. For HIGH holders:

• Close positions before deadline: Bybit will auto-close all HIGHUSDT positions at 08:00 UTC on July 24, 2026. Traders should manually close to avoid forced liquidation at potentially unfavorable prices.
• Withdraw funds: After delisting, HIGH tokens will no longer be tradable on Bybit. Withdraw to a wallet or another exchange that still supports the token.
• Monitor further delistings: With multiple exchanges exiting, remaining platforms may follow suit.

Where to Trade HIGH

As exchange support narrows, traders seeking to buy or sell HIGH may need to explore decentralized options or smaller centralized exchanges. For automated trading strategies, consider using our bot for real-time alerts and execution.

Trade with our bot