Top global cryptocurrency exchange Bybit has announced the delisting of four perpetual trading pairs, AIUSDT, AUDIOUSDT, FORTHUSDT, and JOEUSDT, as part of its routine risk management and liquidity optimization measures. The move comes amid evolving market conditions and is intended to enhance trading efficiency across the platform’s derivatives markets.
According to Bybit’s official communication, the affected perpetual contracts will be suspended and settled automatically by the end of this week. Users are advised to close open positions before the delisting takes effect to avoid automatic liquidation or forced settlement at market price.
Key Details of the Delisting
The delisting will affect the following pairs:
- AIUSDT (Artificial Intelligence token / Tether)
- AUDIOUSDT (Audius / Tether)
- FORTHUSDT (Ampleforth Governance Token / Tether)
- JOEUSDT (Trader Joe / Tether)
Bybit confirmed that the delisting and settlement procedures will occur on November 18, 2025, at 12:00 PM UTC. Any remaining open positions at that time will be closed automatically using the Fair Price Marking Mechanism, which ensures settlements are executed at a reasonable market rate to protect users from sudden volatility.
All pending orders related to the four perpetual pairs will be canceled automatically once delisting begins. Funding payments and mark prices will continue to update normally until trading ceases.
“These periodic reviews are part of Bybit’s commitment to maintaining a healthy derivatives ecosystem,” said a company spokesperson. “Pairs with low liquidity or declining open interest can lead to inefficient markets and increased volatility risk, so delisting them ensures better trading quality for all users.”
Why Bybit is Delisting These Pairs
Bybit conducts regular evaluations of all perpetual contract listings to ensure optimal liquidity, market depth, and user experience. Pairs that no longer meet minimum standards for trading volume, order book consistency, or price discovery reliability are subject to suspension or removal.
Industry analysts note that recent months have seen reduced open interest and low funding-rate activity in certain altcoin perpetuals, particularly among mid-cap tokens that experienced significant price corrections in 2025.
Projects such as Audius (AUDIO) and Trader Joe (JOE), once among the top-performing DeFi and Web3 assets, have seen a decline in both on-chain activity and trading demand. Similarly, FORTH and AI tokens have experienced reduced institutional participation and inconsistent liquidity across exchanges.
Bybit’s decision aligns with its broader strategy to streamline trading pairs and concentrate liquidity on high-demand markets like BTCUSDT, ETHUSDT, and SOLUSDT, which collectively account for over 70% of its derivatives trading volume.
Impact on Traders and Market Liquidity
The exchange reassured users that no funds would be lost during the delisting process. Traders holding positions in the affected contracts can close manually before the deadline or allow automatic settlement based on prevailing prices.
For users seeking continued exposure to these tokens, Bybit will maintain spot trading support for AUDIO, FORTH, and JOE, although AI/USDT spot markets may also be reviewed later based on liquidity metrics.
Some traders interpret the delistings as a sign of market consolidation, where major exchanges are focusing on sustainable, high-volume products to maintain stability in volatile conditions.
“This isn’t necessarily negative news, it’s a sign that the market is maturing,” said a derivatives researcher. “Exchanges like Bybit are optimizing listings to protect traders and ensure liquidity stays where it’s most efficient.”
Bybit’s Broader Market Strategy
Founded in 2018 and headquartered in Dubai, Bybit has grown into one of the top five global crypto derivatives exchanges, serving over 20 million users. In 2025, it expanded its institutional-grade trading infrastructure, launched copy trading upgrades, and introduced multi-asset margin accounts to improve capital efficiency for professional traders.
Bybit’s periodic delisting announcements are part of its market risk management policy, ensuring that product offerings align with real-time user demand and regulatory standards.
The exchange emphasized that new listings, including Layer-2 and AI-integrated tokens, are under review and could be added in Q1 2026 to balance the removal of underperforming pairs.
FAQs
Q1: Which Bybit trading pairs are being delisted?
AIUSDT, AUDIOUSDT, FORTHUSDT, and JOEUSDT perpetual contracts.
Q2: When will the delisting occur?
On November 18, 2025, at 12:00 PM UTC. All positions will settle automatically thereafter.
Q3: Can users still trade these assets on Bybit?
Spot trading remains available for AUDIO, FORTH, and JOE. Perpetual trading will be discontinued.
Q4: Why is Bybit delisting these pairs?
Due to low liquidity, reduced trading volume, and limited demand, this can create volatility and inefficient market conditions.
Q5: Will funds or balances be affected?
No. All user assets remain secure, and automatic settlement will process any open positions at fair market value.
