Bybit Delists PYRUSDT Perpetual Contract: What Traders Need to Know

Bybit has announced the delisting of the PYRUSDT perpetual contract, effective June 9, 2026. This move removes leveraged futures trading for Vulcan Forged (PYR) on one of its key exchanges. Here’s a breakdown of the event, its implications, and what traders should consider next.

What Happened?

On June 9, 2026, Bybit officially delisted the PYRUSDT perpetual contract. The delisting was triggered at a price of $0.1835 per PYR, as recorded in the alert history. This follows a broader trend where exchanges periodically review and remove underperforming or low-liquidity futures pairs. While Bybit remains a spot trading venue for PYR, the removal of the perpetual contract reduces leverage opportunities for traders.

Context and Market Reaction

Vulcan Forged (PYR) is an ERC-20 utility token powering a gaming ecosystem that includes an NFT marketplace, staking, and in-game rewards. Despite its diverse use cases, the token has faced headwinds. Brave search snippets indicate that a major exchange previously delisted PYR from margin trading, and the community sentiment on platforms like CoinGecko is currently bearish. The delisting by Bybit adds to this cautious outlook, though the token still trades on 197 active markets with a 24-hour volume of over $2.4 million.

Token Snapshot

• Symbol: PYR
• Name: Vulcan Forged (PYR)
• Current Supply: 50,000,000 PYR (circulating: ~45.24 million)
• Platform: Ethereum (ERC-20)
• Tags: Gaming, NFTs, Metaverse, Ethereum Ecosystem, Polygon Ecosystem, Binance Ecosystem
• Official Website: vulcanforged.com
• Explorer: Etherscan

Risk Notes

Disclaimer: Delistings can lead to reduced liquidity and increased price volatility. The information provided here is for educational purposes only and does not constitute financial advice. Always conduct your own research before trading.

• Reduced Leverage Access: With the perpetual contract gone, traders cannot use margin on Bybit for PYR. This may push volume to spot markets or other exchanges.
• Market Sentiment: The bearish community sentiment and prior delisting events suggest caution. However, PYR still has a broad exchange presence and active development.
• Price Volatility: Historical data shows that delisting announcements can trigger short-term price swings. Monitor the market closely.

Where to Trade PYR

Despite the Bybit futures delisting, PYR remains tradable on numerous spot exchanges. For automated trading strategies and to stay ahead of market moves, consider using our dedicated bot. Trade with our bot for real-time signals and execution.

Stay informed and trade responsibly.