Cryptocurrency exchange Bybit launched a limited-time promotion waiving separate commissions and rebating overnight financing costs on stock contracts for difference, covering more than 380 stock CFDs from June 8 to July 10, 2026. The campaign, offered through Bybit TradFi, allows eligible users to trade stock CFDs in Zero-Fee Mode and receive rebates on qualifying swap fees capped at 2,000 USDT per user from a total reward pool of 100,000 USDT. The promotion reflects Bybit's broader push into real-world asset products as crypto exchanges compete to offer traditional market exposure alongside crypto trading, with tokenized stocks and ETFs reaching approximately $1.68 billion in distributed value and $3.63 billion in monthly transfer volume.
Bybit Structures Campaign as Rebate-Based Promotion
The offer is structured as a rebate rather than an upfront removal of all costs. Swap fees are still charged during the campaign period and rebated afterward. Rebates are distributed on a first-come, first-served basis, with institutional users and market makers excluded from eligibility.
The promotion applies to stock CFDs, a leveraged derivative that lets traders speculate on share price movements without owning the underlying stock. Bybit's stock CFD product supports up to 5x leverage and settles through a USDT-denominated account.
Bybit Expands Real-World Asset Product Suite
The campaign comes as Bybit builds a broader real-world asset product suite. The exchange has been grouping traditional-market exposure under a dedicated RWA portal, including stock CFDs, tokenized equities, tokenized precious metals, perpetual contracts linked to traditional assets, and yield products tied to real-world assets.
Bybit has partnered with Backed's xStocks platform to list tokenized versions of U.S. stocks and ETFs on its spot market. Those products are designed to track underlying equities and are described by the exchange as being backed one-to-one by the relevant shares. Bybit said it would offer retail investors access to tokenized IPO exposure, starting with SpaceX, through Payward's xStocks platform.
Kraken and Bybit began offering xStocks in 2025, targeting non-U.S. investors seeking easier access to American shares.
Multiple Jurisdictions Excluded from Campaign Participation
Bybit's terms limit access to the campaign. Residents of several jurisdictions, including the United States, Canada, Hong Kong, Singapore, Japan, India, New Zealand, Thailand, and countries in the European Economic Area, are excluded from participating, along with users in other regions where TradFi trading is restricted.
CFDs allow traders to take long or short positions without owning the underlying asset, but leverage can amplify losses as well as gains. Regulators in the U.K. and Europe have imposed limits and disclosure requirements on retail CFD trading, citing risks from leverage, complexity, and aggressive marketing practices.
Tokenized Equities Reach $1.68 Billion in Distributed Value
Market data points to growing activity in tokenized public equities. Tokenized stocks and ETFs have reached about $1.68 billion in distributed value, with monthly transfer volume of about $3.63 billion.
For crypto exchanges, platforms can offer stock CFDs for leveraged exposure, tokenized equities for spot-style market access, and perpetual contracts tied to traditional assets for users already active in crypto derivatives. The zero-commission and swap-fee rebate offer is part of an effort to position the exchange as a gateway between crypto markets and conventional assets.
FAQ
What did Bybit launch on June 8, 2026?
Bybit launched a limited-time promotion waiving separate commissions and rebating overnight financing costs on more than 380 stock contracts for difference through Bybit TradFi. The campaign runs from June 8 to July 10, 2026, with rebates capped at 2,000 USDT per user from a total reward pool of 100,000 USDT.
Which jurisdictions are excluded from Bybit's stock CFD campaign?
Residents of the United States, Canada, Hong Kong, Singapore, Japan, India, New Zealand, Thailand, and countries in the European Economic Area are excluded from participating in the campaign, along with users in other regions where TradFi trading is restricted. Institutional users and market makers are also not eligible.
How much distributed value have tokenized stocks and ETFs reached?
Tokenized stocks and ETFs have reached approximately $1.68 billion in distributed value, with monthly transfer volume of about $3.63 billion, according to market data cited in the source.
