Bybit stops supporting SONIC as collateral and loanable assets
2026-10-14 19:45:09
According to CoinMeta, Bybit will cease supporting SONIC as collateral and loanable asset starting from 8:00 on October 22, 2026 ( UTC ). The schedule is as follows: On October 19, 2026, at 8:00 ( UTC ), all lending services involving SONIC will be suspended, including UTA lending and Bybit savings. Starting from 8:00 on October 22, 2026 ( UTC ), SONIC will no longer be accepted as collateral for UTA loans and institutional lending, and it will not be able to be used for repayment. Any outstanding SONIC liabilities must be repaid by 8:00 on October 22, 2026 ( UTC ); if not repaid in time, the system will trigger automatic repayment, which may result in asset loss. On the same day, SONIC will be removed from Bybit savings. The principal and accumulated earnings of SONIC pledged by users in Bybit savings will be automatically transferred to their funding accounts. It is recommended that users apply to redeem SONIC as soon as possible to avoid any delays.
Source:Bybit
This content is for market information only and does not constitute investment advice.
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