According to CoinMeta, Bybit has announced that the POV order type is now available on its spot trading platform. POV This order type automatically splits large orders into smaller ones, dynamically adjusting the execution pace according to market volume, effectively reducing slippage and market impact. The advantages of POV orders include: 1. VWAP style execution, following the real-time market rhythm; 2. Enhanced concealment, with the order volume dynamically adjusted based on market liquidity; 3. Multiple execution modes to choose from as needed; 4. Built-in slippage control, which automatically slows down execution when liquidity is insufficient; 5. Flexible stop-loss conditions, allowing for custom exit timing. To start using it, simply open the supported spot trading pairs, select POV from the order type menu, and then configure the parameters.