TechFlow News, June 11: Bybit recently launched a new category of contracts—USDT Event Delivery Contracts—tied to sports event outcomes, enabling users to trade in real time before and during matches, with automatic settlement after the event concludes.
Product features:
- Contract prices are benchmarked at 10, reflecting the market’s real-time expectations regarding home vs. away team victory; prices above 10 indicate bullish sentiment toward the home team, while prices below 10 indicate bullish sentiment toward the away team.
- Settlement price formula: 10 + (home team goals − away team goals). Only goals scored within the official 90-minute match duration count; goals scored during extra time or penalty shootouts are excluded.
- Settlement occurs 130 minutes after the scheduled match kickoff; the last 20 minutes prior to settlement enter “close-only” mode.
- Supports up to 5x leverage, with a minimum entry margin of 10 USDT.
According to comprehensive reports, the first batch of contracts will be rolled out progressively aligned with the 2026 FIFA World Cup schedule; exact listing times for individual trading pairs will be announced on the platform.
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