Bybit Hits 200+ TradFi Perpetual Listings on August 14, 2026

• Scale: Bybit's TradFi Perpetuals now offer exposure to over 200 instruments, including stocks, ETFs, precious metals, indices, oil, and pre-IPO assets .
• Product line: Bybit TradFi actually comprises two separate products — the perpetual contracts (USDT-settled, up to 10x–100x leverage) and a separate MetaTrader 5 CFD brokerage (up to 500x leverage). The perpetual contracts are native to Bybit's crypto exchange engine .
• Growth trajectory: Earlier batches added US stocks (Nvidia, Oracle, Circle Internet Group), global ETFs (Invesco QQQ Trust, iShares MSCI Japan ETF, iShares MSCI South Korea ETF), and Korean equities .

Key Features and Restrictions

• Underlying and settlement: USDT-denominated and USDT-settled perpetual contracts that track the price of traditional assets (stocks, ETFs, commodities) without holding the underlying shares .
• Trading hours: 24/7, including when the underlying market is closed — a key differentiator from traditional brokerage hours .
• Leverage: Up to 100x on some contracts, though third-party reviews note up to 10x for stock/ETF-linked perps .
• No expiration: Traders can hold positions indefinitely as long as margin requirements are met, with periodic funding rate payments between long and short holders .
• Account integration: Available via Bybit's Unified Trading Account (UTA) — no separate brokerage account needed .
• Restrictions: Users must complete at least Standard identity verification. Bybit restricts access from certain jurisdictions; users in regions where such products may violate local securities laws (e.g., South Korea) are typically blocked from trading .

Regulatory Concerns

South Korean regulators have indicated they will investigate whether leveraged perpetual futures on domestic stocks violate the Financial Investment Services and Capital Markets Act .

An official at the Financial Services Commission (FSC) stated that if leveraged transactions are accessible to Korean investors, "there could be potential violations" .

Binance, which listed similar Korean equity perps on the same day (Naver, LG Electronics, Samsung Electro-Mechanics, HANMI Semiconductor, and KODEX 200 ETF at up to 20x leverage), faced the same scrutiny and subsequently blocked domestic Korean investors from accessing those products . Bybit has similarly restricted access for Korean residents to its TradFi perpetuals tied to Korean stocks.

The core concern is that crypto exchanges are effectively offering derivative products on domestic equities outside the regulated securities framework, potentially circumventing local investor protections, capital market laws, and KYC/AML requirements .