Bybit recently launched Smart Leverage to offer trading benefits to users. According to Bybit’s latest post, the product has been designed to facilitate smart trading for amplified gains.
The non-principal-protected structured product can help traders navigate market volatility. Smart Leverage allows users to place directional wagers with high leverage with minimal risk of liquidation before settlement.
The product can offer up to 200 times leverage on selected tokens. It is beneficial for users inclined to employ high leverage during quick price reversals. According to the latest Bybit exchange review, Smart Leverage will bring benefits, such as:
- Up to 200x leverage
- No liquidation risk before settlement
- Early redemption before settlement
- Maximum profit with contained risk
Here is an overview of how the Profit and Loss scenarios will work for Smart Leverage:
| Direction | Situation | Calculation | Payout |
| Long | Settlement Price ≥ Break even Price | Payoff = Investment Amount + [Investment Amount x Leverage x (Settlement Price – Breakeven Price ) / Breakeven Price] | Users will get the investment amount along with the leveraged return |
| Settlement Price < Break even Price | Payoff = max (Investment Amount + [Investment Amount x Leverage x (Settlement Price – Breakeven Price) / Breakeven Price], zero)
The minimum payoff is zero |
Users can sustain losses, and in the worst-case scenario, the entire investment amount can be lost | |
| Short | Settlement Price ≤ Break even Price | Payoff = Investment Amount + [Investment Amount x Leverage x (Break even Price – Settlement Price ) / Break even Price] | Users will receive the investment amount along with the leveraged return |
| Settlement Price > Break even Price | Payoff = max (Investment Amount + [Investment Amount x Leverage x (Breakeven Price – Settlement Price) / Breakeven Price], zero)
The minimum payoff is zero |
Users can sustain losses, and in the worst-case scenario, the entire investment amount can be lost |
Bybit has set up a Help Center to resolve common user queries. Moreover, the platform will share the latest updates on its social media handles to keep everyone up-to-date.
