Bybit Delists PUMPBTC Perpetual Contract: What Traders Need to Know

Bybit has officially announced the delisting of the PUMPBTCUSDT perpetual contract, effective as of the date of the announcement. This move affects traders holding positions in the PUMPBTC futures pair on the exchange. The delisting is classified as a Tier 3 event, indicating a lower-impact removal, but it still carries implications for liquidity and market sentiment.

What Happened?

On July 17, 2026, Bybit issued a notice regarding the delisting of the PUMPBTCUSDT perpetual contract. The decision follows a series of price volatility events for PUMPBTC, including a 14.31% spike on June 15, 2026, and subsequent drops of over 5% in late June. The token's price at the time of the delisting alert was approximately $0.00906, reflecting ongoing downward pressure.

PUMPBTC, also known as pumpBTC (Rehypothecated BTC), launched in July 2024 on the Ethereum platform. It is designed to capitalize on Bitcoin price movements while offering DeFi utility through restaking and rehypothecation. Despite its innovative premise, the token has faced challenges, including a 60% price drop within 24 hours after a Binance listing misfire, as reported by BeInCrypto.

Token Snapshot

• Symbol: PUMPBTC
• Name: pumpBTC (Rehypothecated BTC)
• Current Supply: 650.98 tokens
• Last Known Price: $0.00905135 (down 3.04% in 24 hours)
• Platform: Ethereum (ERC-20) and BNB Chain
• Tags: DeFi, Ethereum Ecosystem, BNB Chain Ecosystem, Restaking, Rehypothecated Crypto
• Active Markets: 40
• 24-Hour Trading Volume: $0.00 (as per metadata)

Note: Brave search results show conflicting data on trading volume and market cap. CoinMarketCap reports a 24-hour volume of $2.76M, while the token metadata shows $0.00. Traders should verify current data independently.

Risk Notes

• Delisting Impact: The Bybit delisting reduces available futures liquidity for PUMPBTC. Traders with open positions must close them before the delisting date to avoid automatic settlement.
• Price Volatility: Historical data shows sharp spikes and drops, including a 14.31% daily spike and a 5.5% drop within 12 hours. Such volatility can lead to significant losses.
• Exchange Concentration: PUMPBTC is tradable on Bybit futures, but the delisting narrows options. Other exchanges like LBank and Bitget offer spot trading, but liquidity may vary.
• Regulatory & Project Risks: The token's rehypothecation model carries inherent risks, and the project is relatively new (launched 2024). Always conduct thorough due diligence.

Where to Trade

After the Bybit delisting, traders can explore alternative venues for PUMPBTC spot trading, such as LBank or Bitget. For automated trading strategies, consider using our bot: Trade with our bot.