BYBIT: COVALUSDT Perpetual Contract Delisting

**Bybit to Delist COVAL/USDT Perpetual Contract**

Major cryptocurrency exchange Bybit has announced the delisting of the COVAL/USDT perpetual contract from its platform. This decision impacts traders who have active positions in this trading pair, necessitating that they close their positions before the delisting takes effect. Bybit has not yet provided specific reasons for the removal but has assured users that this action is part of its continuous effort to ensure optimal trading conditions and asset integrity on the platform. Traders are advised to stay informed by monitoring official announcements from Bybit for further details and updates regarding the exact timeline and any potential implications for users’ accounts.