Odaily Planet Daily News Cryptocurrency exchange Bybit announced that it will integrate pledged loans (flexible loans) and deposit loans (fixed-rate loans) into a simplified interface to improve user experience and capital efficiency. The integration will unify the two loan types into the "Cryptocurrency Loans" page, with a new design layout that prioritizes ease of use and transparency.
Major upgrades include full-position margin models, shared collateral, tiered pledge rates, and updated interest calculation methods. All loan products will operate under a unified full-position margin system, collateral can be used interchangeably between the two loan types, and all supported assets will follow a tiered collateral system that reflects risk conditions.
This integration aims to simplify user interaction with loan products while increasing funding flexibility. By integrating management tools and unifying risk models, the new model provides users with more control and borrowing clarity. Existing loan orders will remain unchanged.