Exciting News! Bybit to Introduce Fixed-Rate Borrowing Option for UTA Manual Borrowing
This article provides an easy-to-read summary and insights based on the latest Bybit announcement.
We have some thrilling news for all Bybit users! The Unified Trading Account (UTA) Manual Borrowing experience is about to get even better. Bybit is set to introduce a new fixed-rate borrowing option that will be rolled out gradually, starting from December 08, 2025 (please note, the full launch date might be subject to readiness).
What’s New?
This update will introduce several new features:
- Set your own fixed APR: Users will now be able to lock in a fixed annualized borrowing rate for a chosen term. This will help avoid market-rate volatility and unpredictable costs.
- Flexible fixed terms: You can choose from a variety of terms such as 7, 14, 30, 60, 90, or 180 days.
- Liquidation continuity: In case of liquidation, you can restore collateral and continue the remaining term. No interest will be accrued during the interruption period.
Before vs After: Changes in Manual Borrowing in UTA
| Feature | Before | After |
| Borrowing modes | Floating rate only | Floating and fixed rates supported |
| Single-coin repayment | Repays floating-rate liabilities only | Repays floating-rate liabilities first, followed by fixed-rate |
| All-coin repayment | Clears all floating-rate liabilities | Clears both floating-rate and fixed-rate liabilities |
How to Get Started (once available)
Once the feature becomes available, you just need to follow these steps:
- Go to UTA > Loans > Manual Borrowing.
- Select Fixed rate, choose a term and set your APR.
- Confirm and borrow.
You can learn more about Manual Borrowing and its key changes by visiting this link.
If you have any questions, feel free to contact Bybit’s Customer Support. Thank you for your continued support.
Insights
This update from Bybit is a significant improvement in the UTA Manual Borrowing experience. The introduction of a fixed-rate option is a game-changer as it gives users greater control over their borrowing costs. With this feature, users can lock in a fixed annualized borrowing rate for a chosen term, effectively mitigating the risk of market-rate volatility.
The flexible fixed terms and the ability to restore collateral in case of liquidation adds another layer of flexibility and security for Bybit users. It will be interesting to see how well users adapt to these changes and use them to their advantage in their trading strategies.
