Bybit Delists Siacoin (SC) Perpetual Contract: What Traders Need to Know

Bybit has officially announced the delisting of its Siacoin (SC) perpetual contract (SCUSDT), marking a significant shift for traders holding this position. The move comes as the exchange cites routine product review, and it follows a similar spot delisting by OKX in late September 2025. For SC holders, this signals heightened exchange-level risk and potential liquidity shifts.

What Happened?

On June 9, 2026, Bybit confirmed that the SCUSDT perpetual contract will be delisted. The exchange has not specified an exact end date but advises users to close all positions and cancel any open orders before the delisting takes effect. This is a Tier 3 alert, meaning the impact is moderate but still warrants attention from active traders.

This delisting is not an isolated event. In September 2025, OKX delisted SC from its spot market, citing that the token no longer met listing criteria. The back-to-back exchange actions raise questions about Siacoin’s exchange liquidity and regulatory standing.

Siacoin (SC) Token Snapshot

Siacoin is the native token of the Sia network, a decentralized storage platform that competes with centralized cloud services like AWS and Google Cloud. Launched in 2015, SC is mineable using the Blake2b PoW algorithm and has an infinite supply model. Key stats:

• Circulating supply: ~56.03 billion SC
• Total supply: ~62.22 billion SC
• Current price: ~$0.00070 (as of alert time)
• 24h trading volume: ~$4.14 million
• Active markets: 127

SC is categorized under DePIN (Decentralized Physical Infrastructure Networks) and is part of the Binance Ecosystem, Near Protocol Ecosystem, and portfolios of DragonFly Capital, Fenbushi Capital, and Paradigm.

Risk Considerations

• Exchange concentration risk: Bybit was one of the few major exchanges offering SC futures. With its delisting, traders lose a key venue for leveraged exposure.
• Prior OKX delisting: The spot delisting by OKX in September 2025 already reduced SC’s accessibility for retail traders.
• Infinite supply: SC’s supply is not capped, which can dilute value over time if demand does not keep pace.
• Low price and volume: At sub-$0.001 and ~$4M daily volume, SC is a low-cap asset susceptible to volatility and liquidity gaps.

Where to Trade SC Now?

Despite the Bybit delisting, SC remains tradable on 127 active markets, including Kraken, Figure Markets, and BYDFi. For spot trading, PancakeSwap (v2) is the most active decentralized exchange. However, for automated strategies and efficient execution, consider using our dedicated trading bot.

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

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