Bybit Dual Asset
The smarter way to HODL and grow your crypto assets, no matter the market situation.
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Table of Contents
What is Bybit Dual Asset?
Best Times to Use Dual Asset
Use Cases — Bull and Bear Market
Benefits of Dual Asset
How to Know if Dual Asset Is for You
Frequently Asked Questions (FAQ)
What Is Bybit Dual Asset?
Bybit Dual Asset is a short-term trading tool that lets you capitalize on price movements in low-volatility markets and earn a higher yield during market fluctuations. You have short deposit periods (1-, 3- and 5-day) and 21 different coin pairs to choose from (BTC, ETH, BIT, and more).
Simply predict in which direction the price of a crypto asset (BTC, ETH, etc.) will move within a preset time frame, and make your deposit!
How Dual Asset Works
Asset Price
Benchmark Price
If Benchmark Price ≤ Settlement Price,
Receive the principal and yield in USDT.
In USDT
If Benchmark Price > Settlement Price,
Receive the principal and yield in crypto assets.
In crypto assets
If prices rise after the Dual Asset plan ends, receive your proceeds in USDT.
If prices fall after the Dual Asset plan ends, receive your proceeds in crypto assets.
Learn More About Dual Asset Here
Best Times to Use Dual Asset
When is the right time to use Bybit's Dual Asset? Here are some suggestions:
Low Market Volatility
When there are small price movements between the two chosen crypto assets.
Market Enters Downturn
An opportunity to accumulate more of the crypto asset and #HODL, as you're sure the value will eventually rise.
Upward Market Trend
Time to earn an enhanced yield and quick profits in USDT.
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Use Cases — Bull and Bear Market
Bull Market
Prices are on an upward trend.
Predicts prices will increase.
Decides to use Dual Asset to make a quick trade.
Deposits USDT to gain more USDT in return.
Purchases 1-Day ETH Dual Asset with 4,000 USDT
Current ETH Price: 1,977.6 USDT
APY: 303.25%
ETH Price Next Day: 1,990 USDT
Proceeds = Deposit Amount × (1 + APY/365 × Duration)
4,000 × (1 + 3.0325 /365 × 1) = 4,033.87 USDT
Trader A earns an additional 33.87 USDT!
Bear Market
Prices are on a downward trend.
Predicts prices will drop in the short term.
But Trader B also believes that the asset will eventually appreciate (in the long run).
Decides to use Dual Asset to deposit ETH to accumulate more ETH.
Purchases 1-Day ETH Dual Asset with 1 ETH
Current ETH Price: 1,977.6 USDT
APY: 303.25%
ETH Price Next Day: 1,950 USDT
Proceeds = Deposit Amount × (1 + APY/365 × Duration)
1 × (1 + 3.0325 /365 × 1) = 1.00831 ETH
Trader B earns an additional 0.00831 ETH!
Learn More About Dual Asset Here
Dual Asset Benefits
Yield Enhancement
Earn an enhanced return regardless of market direction.
Ideal for #HODLers
Accumulate and take profit in the form of alternate crypto assets like BTC or ETH.
Short Tenure
1, 3, or 5 days. Shorter deposit period gives you the flexibility to manage your assets as you desire.
How to Know If Dual Asset Is for You
You’re comfortable receiving yield in either USDT or alternate crypto assets.
You wish to earn a potentially higher yield and accumulate alternate crypto assets in a downturn market.
You wish to make a quick, fuss-free, and simple swing trade in an uptrend market.
You predict little price movement between the two crypto assets of your chosen Dual Asset product.
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Frequently Asked Questions (FAQ)
What types of Dual Asset products can I purchase?
What if I'd like to remove my deposits before my product ends?
How do I calculate my returns?
Are there any uncertainties?
Is my yield calculated based on the APY shown when I purchase the product?