Bybit Adapts Open Interest Calculation Method for Enhanced Transparency

Bybit, the cryptocurrency exchange that holds the second-largest trading volume globally, has announced an update to its Open Interest (OI) calculation method.

The change will take effect on June 11, 2026, and involves a shift from bilateral to unilateral counting of OI. This adjustment aligns Bybit's reporting methodology with global derivatives market standards.

While the presented OI values may appear lower due to this change in calculation, it is essential to note that actual positions held by traders, position restrictions, margin requirements, profit and loss computations, and risk exposure remain unchanged.