Bybit Introduces Lite Loan With a 30-Day Loan Term

Bybit launched Lite Loan on the Bybit App on November 9, 2026. Users can borrow USDT or USDC against BTC or ETH. Bybit's product guide sets the loan range at 10 to 1,000 USDT or USDC, the initial loan-to-value ratio at 50%, and the term at 30 days.

During the initial 30-day term, collateral price moves alone do not trigger liquidation. The service fee is deducted from the loan amount upfront and is not refunded if the loan is repaid early. The standard fee is 1%. Loans opened between November 9, 2026, 08:00 UTC and December 8, 2026, 08:00 UTC pay a promotional 0.5%.

The product guide states that an overdue period of up to 30 days may follow. During that period, unpaid debt accrues penalty interest at an annualized 36%. Collateral may be liquidated if the loan-to-value ratio reaches 91% or the loan remains unpaid at the end of the overdue period, whichever comes first, and a 2% liquidation fee applies. If collateral is converted to repay the loan, Bybit charges a 2% repayment fee.