Bybit Debuts Fixed-Return Odds for Bitcoin and Ether

The product, which launched on September 16, allows participants to choose between three contract formats: Up/Down, Price Target, or Price Range. These options enable users to bet on whether an asset will rise or fall, hit a specific price point, or stay within a defined boundary by the time of expiry. Trades can be structured for durations ranging from five minutes up to seven days, with minimum entry requirements set at 5 USDT.

Unlike Bybit’s leveraged derivatives—such as its recently introduced FX perpetuals or synthetic contracts tied to private companies like SpaceX—the Odds system operates without margin requirements. Because the capital committed to the trade represents the total potential loss, users remain insulated from the volatility-induced liquidations common in high-leverage environments. The service is currently integrated into the exchange’s Unified Trading Account, with liquidity provided by institutional market makers on both web and mobile platforms.