Timeline
- 7.0
Bybit Launches Pre-IPO Perpetual Futures for Unitree and Moonshot AI
Bybit has introduced pre-IPO perpetual futures for Chinese robotics firm Unitree and AI company Moonshot AI, allowing crypto traders to gain exposure to these private tech names. The contracts are cash-settled derivatives, not direct share ownership. This expands Bybit's pre-IPO derivatives roster into high-profile Chinese tech companies, reflecting growing demand for private-market exposure in crypto venues. It could attract traditional equity investors and broaden the asset types available to crypto traders. Pre-IPO perpetual futures are cash-settled and do not grant ownership, voting rights, or actual shares. According to one report, Bybit now lists over 200 pre-IPO perpetual contracts, and SpaceX-related perps have generated billions in trading volume across exchanges.
- 7.0
Bybit Expands TradFi Perpetuals to 200+ Global Equities and Pre-IPO Assets
Bybit has expanded its TradFi Perpetuals product to cover more than 200 global equities and pre-IPO assets with 24/7 trading. The expansion builds on the product's April 2026 launch and includes new weekly listings. This move gives crypto exchange users direct access to traditional finance markets without requiring multiple brokerage relationships across different time zones. It also highlights the growing convergence between crypto derivatives and conventional asset classes, potentially attracting a broader set of traders. TradFi Perpetuals are USDT-denominated and USDT-settled derivatives that track the prices of traditional financial assets, using a funding rate mechanism instead of a fixed expiry. The lineup includes commodities like gold, silver, and crude oil, along with US stocks, global ETFs, and pre-IPO assets, where traders gain price exposure without share delivery or shareholder rights.