Bybit, the world's second-largest cryptocurrency exchange by trading volume, is enhancing the user experience and capital efficiency of its lending products by integrating Crypto Loans (flexible loans) and Fixed Rate Loans into a single, streamlined interface.

The integration introduces a unified platform for both loan types, enabling users to compare, manage, and optimize their borrowing strategies with greater ease. All loan products are now accessible under the Crypto Loans page, with a redesigned layout that prioritizes usability and transparency.

Key upgrades include:

• Unified Cross Margin Model: Both flexible and fixed-term loans will now operate under a shared cross-margin system, allowing users to benefit from consolidated Loan-to-Value (LTV) ratios — set at 80% (initial), 85% (margin call), and 92% (liquidation).
  
  
• Shared Collateral: Collateral can now be used interchangeably across both loan types, enabling more agile capital deployment.
  
  
• Tiered Collateral Ratios: All supported assets will follow a tiered collateral system, reflecting each asset's risk profile — consistent with the structure previously applied to Fixed Rate Loans.
  
  
• Updated Interest Calculation: Interest will be calculated hourly using a compounding method: total debt (principal + accrued interest) multiplied by the hourly interest rate.