Bybit has expanded its derivatives suite with three new stock perpetual contracts tracking Netflix, Bending Spoons and Take-Two Interactive. The exchange confirmed on July 6 that NFLXUSDT, BSPUSDT and TTWOUSDT are now live for trading.
The contracts settle in USDT and offer round-the-clock synthetic exposure to traditional equity price action through Bybit’s centralized crypto derivatives platform. Trading details were outlined in the exchange’s official announcement, including leverage, funding and promotional fee terms.
Stock Perpetuals Bring Equity Exposure Into Crypto Derivatives
The new contracts use standard perpetual futures mechanics adapted for synthetic equity tracking. Rather than giving traders ownership of the underlying shares, the products provide price exposure through exchange-managed margin, funding and risk controls.
Bybit’s specifications list eight-hour funding intervals and funding rates capped at 2.5%. The NFLXUSDT contract supports leverage of up to 20x and has a minimum price tick of 0.01.
The launch also includes a limited-time trading promotion for the newly listed pairs. Bybit is offering zero fees on limit orders and a 50% reduction on market order fees, creating an incentive for early activity as liquidity develops.
Centralized Venue Risk Remains Part of the Model
The listings reflect a broader push by crypto derivatives venues into traditional equity-linked products. These instruments give traders access to familiar stock volatility while keeping collateral, settlement and execution inside a crypto exchange environment.
That convenience comes with direct dependence on Bybit’s internal market infrastructure. Traders rely on the exchange’s liquidity pools, pricing systems, margin rules and risk parameters rather than conventional securities-market custody or settlement.
Bybit also noted that contract specifications remain subject to adjustment at the exchange’s discretion. That clause gives the venue control over margin requirements, funding caps and potential delisting conditions, which are important considerations for traders using leverage.
The contracts are now active, but initial liquidity and funding-rate stability still need observation. Bybit has not provided detailed disclosures on the underlying synthetic tracking methodology or jurisdictional settlement framework in the initial release.
For now, NFLXUSDT, BSPUSDT and TTWOUSDT give Bybit users new synthetic equity-linked trading routes inside the derivatives market. The next practical test will be whether order-book depth, funding behavior and pricing reliability hold up as trading activity develops.