Pre-Market Perpetuals allow users to trade Perpetual Contracts on upcoming tokens and speculate on their future value before they are officially launched on Bybit.
User Guide
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Total Trading Volume (USD)
Past Pre-Market Perpetuals
FAQ
Participants must have a Bybit account and complete Identity Verification to engage in Pre-Market Perpetuals Trading. Existing deposit and withdrawal limits will apply.
How to Trade Pre-Market Perpetuals
Contract Selection
Users choose the Pre-Market Perpetuals they want to trade.
Quotation
The auction starts, with Phase 1 and Phase 2 lasting for a total of 55 minutes.
Price Matching
Buy and sell orders are matched at the auction price. No orders can be placed or canceled during this 5-minute stage.
Opening Outcomes
The contract will either proceed to Continuous Auction or be delisted, depending on the buy and sell order quantities.
Continuous Auction
Trades can be executed at any time as buy and sell orders are matched in real-time, similar to standard Perpetual trading.