Bybit Launches Perp Protect for Crypto Risk Management Redefinition

Bybit Launches Perp Protect for Crypto Risk Management Redefinition

The Blockchain Industry: Bybit’s Perp Protect Revolutionizes Risk Management

Blockchain Industry

Bybit, known as one of the world’s leading crypto exchanges, is pushing the boundaries once again with the introduction of Perp Protect. This industry innovation tool is set to reshape the way traders safeguard their investments and navigate the volatile crypto market. In this article, we will explore the birth of Perp Protect, its benefits, and how it aligns with Bybit’s commitment to providing a safer and more accessible trading environment.

The Birth of Bybit Perp Protect

Bybit has always been at the forefront of technological advancements in the crypto industry. In response to the challenges faced by traders, they have developed Perp Protect as a solution to simplify risk management strategies. Traditional methods often involve complex calculations, manual execution, and deep market knowledge, which can be daunting for many.

With Perp Protect, Bybit offers an intuitive and automated solution exclusive to its platform. This exclusivity underscores Bybit’s dedication to providing users with innovative tools that are unavailable elsewhere in the market. Bybit’s co-founder and CEO, Ben Zhou, recognizes the importance of enhancing trader experiences and mitigating risks:

“With Perp Protect, we are proud to offer a solution that brings ease and security to traders of all levels.”

By prioritizing user-friendly features and security, Bybit aims to foster a safer and more accessible trading environment for its users.

Benefits of Perp Protect

Perp Protect empowers traders to stay ahead of market volatility by securing their positions and making informed decisions. The tool automatically acquires options contracts to hedge both long and short positions, protecting against adverse price movements. Its user-friendly interface allows traders of all experience levels to access these features with just two clicks, simplifying the complexity of crypto trading.

Moreover, Perp Protect uses an intelligent algorithm that continuously evaluates market conditions to offer optimal downside protection. Traders can enjoy this protection at a cost as low as 2% of their initial margin, making it an attractive choice for risk management without sacrificing potential profits.

The launch of Perp Protect comes shortly after Bybit introduced another key feature, TradeGPT. This artificial intelligence tool combines the language model of ChatGPT with real-time data to provide market insights and user support. Together, Perp Protect and TradeGPT demonstrate Bybit’s determination to deliver a seamless trading experience on its platform.


Bybit’s Perp Protect is a game-changer in the world of crypto trading, revolutionizing risk management strategies. With its user-friendly interface, automated options contracts, and cost-effective downside protection, traders can navigate the dynamic crypto market with confidence. Bybit’s commitment to innovation and dedication to enhancing user experiences has solidified its position as a leading crypto exchange. As the blockchain industry continues to evolve, tools like Perp Protect contribute to a safer and more accessible trading environment for all.