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To optimize risk management and enhance product stability, Bybit will implement the following updates to UTA Loan:

1. Discontinuation as collateral and Lending Asset

J, ALCH and PUFFER will be removed from UTA Loan, Institutional Loan and Crypto Loan. Borrowing and collateral functions for these assets will no longer be supported.

Please review your account and take necessary actions in advance if you hold any of the affected assets.

2. UTA Loan collateral value ratio adjustment for 32 assets

We’ll adjust the collateral value ratios for selected assets under UTA Loan. Please review the list below to check if your positions may be affected.

Affected assets: ANKR, MANTA, RESOLV, TAIKO, BLAST, CHZ, COMP, DOT, JASMY, MOG, NEWT, PENGU, RVN, AAVE, ANIME, AR, ARKM, BAT, BMT, BTT, COOKIE, DAI, DOGE, LA, NOT, ONE, SPK, SUSHI, TON, UMA, VET, YFI.

Collateral value ratios for these assets under UTA Loan:

We recommend checking your Maintenance Margin Rate (MMR) regularly to manage potential liquidation risks.

[Go to Loan Market]<https://www.bybit.com/trade/spot/crypto–loan>

Updates to discontinuation as collateral and lending asset and UTA Loan collateral value ratio

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