Bybit Introduces $8M Pooled Insurance Funds to Boost Perpetual Contract Protection

On December 19, 2025, Bybit activated an updated insurance fund framework for USDT perpetual contracts, allocating at least $8 million to a new pool for fresh listings. The model replaces single-pair buffers with pooled coverage, aiming to increase loss absorption per contract by more than 200% and curb ADL events, with roll-out scheduled in phases over the following two months. Contracts are grouped by liquidity and risk, and traders can track fund reserves and drawdown-based ADL triggers in real time via API tools.