Bybit has announced the delisting of the tokens MYRIA, G3, MDAO, and ELDE, effective November 21, 2025 at 8:00 AM UTC.
This delisting highlights Bybit's strict compliance benchmarks, possibly leading to liquidity and trading volume concerns for the affected tokens.
Bybit has announced the delisting of MYRIA, G3, MDAO, and ELDE tokens, effective November 21, 2025. This decision aligns with Bybit’s policy to remove assets not meeting "stringent listing requirements" concerning liquidity and compliance issues.
Impact of Delisting
The immediate impact centers on reduced liquidity access within Bybit's environment, particularly for these tokens. No direct financial losses or grant withdrawals have been specified, though affected tokens may face decreased trading volumes.
Reasons for Delisting
The Bybit Team will execute the delisting without public statements from top executives. However, the company cited liquidity and compliance challenges as the primary reasons for removing these tokens from its platform.
Consequences of Reduced Liquidity
Financial, regulatory, and technological outcomes could result in decreased engagement with these tokens. Bybit's past actions suggest a precedent of delisting smaller-cap tokens to maintain platform integrity and compliance.
Historical Precedent for Delistings
This action mirrors Bybit’s history of delisting tokens like JOE and FORTH due to similar challenges. These tokens faced removal due to failing to meet trading volume and regulatory standards.
Experts suggest potential outcomes may include reduced trading interest and token volatility. Historical trends indicate such delistings often lead to reassessment of liquidity and compliance strategies by the affected token teams. Bybit Team, Official Statement, Bybit, "MYRIA, G3, MDAO and ELDE tokens will be removed from Bybit Convert after Nov 21, 2025, 8AM UTC."