Bybit 华语|Apr 03, 2026 04:01
**[Announcement Regarding Bybit No Longer Supporting DRIFT as Collateral and Borrowable Asset]**
Starting from April 3, 2026, 8:00 UTC, Bybit will no longer support DRIFT as a collateral asset or borrowable asset.
The planned timeline is as follows:
**April 2, 2026, 10:00 UTC**
• All lending services for DRIFT will be suspended, including UTA lending, collateralized borrowing, and Bybit Savings.
**April 3, 2026, 8:00 UTC**
• UTA lending, collateralized borrowing, and institutional lending will no longer accept DRIFT as collateral, and DRIFT cannot be used for repayments.
• Any outstanding DRIFT liabilities must be repaid by April 3, 2026, 8:00 UTC. Failure to do so will trigger automatic repayment of DRIFT liabilities, which may result in potential asset losses.
• Users are strongly advised to adjust their margin positions (if applicable) before April 3, 2026, 8:00 UTC, and closely monitor the Maintenance Margin Rate (MMR) and Loan-to-Value (LTV) ratio to avoid liquidation.
**April 4, 2026, 8:00 UTC**
• Bybit Savings will delist DRIFT. The principal and earnings of DRIFT staked in Bybit Savings will be automatically credited to users' funding accounts.
• Users are advised to redeem DRIFT in advance to avoid delays.
Please make sure to take note of the upcoming changes and adjust your orders and financial strategies accordingly.
Thank you for your understanding and cooperation.
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