Bybit Launches Comprehensive Cryptocurrency Listing and Delisting Framework to Enhance User Protection and Maintain Market Integrity

Bybit announced the launch of a comprehensive listing and delisting framework designed to enhance user protection, maintain market integrity, and promote the overall health of the blockchain ecosystem, focusing on achieving the following goals: -Pre-market mechanism: To reduce market manipulation, Bybit will continue to leverage its pre-market capabilities to bridge the gap between the primary and secondary markets and create a more orderly trading environment. -Continuous compliance monitoring: Bybit will establish a system to continuously monitor listed projects to ensure that projects continue to meet listing standards and information disclosure obligations, including regular reviews of project performance, financial audits, and technical audits. -Transparent information disclosure: Bybit will provide users with comprehensive information on key dates related to listed projects, including protocol upgrades, token destruction, freeze expiration dates, etc. This transparency enables users to make informed decisions and avoid unexpected developments. -Clear delisting protocols: The exchange will establish clear delisting criteria, including performance indicators, compliance failures, and fraudulent behavior. This move ensures that underperforming or high-risk projects can be removed from the platform in a timely manner. -Community engagement: Bybit will actively seek feedback from the user community to inform listing decisions and increase transparency. This will be done through regular surveys, voting mechanisms, or advisory groups. Bybit is not only committed to achieving fairness and transparency through this new framework, but also calls on industry participants to take corresponding measures. Helen Liu, COO of Bybit, said: "Only if we work together to build a healthy and sustainable ecosystem can the industry be comparable to traditional finance.