Bybit to shut down NFT marketplace as trading volumes decline
3M ago•
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Bybit is shutting down its NFT and inscription marketplaces on April 8, 2025, as part of a broader strategy to streamline its offerings amid declining market interest.
Cryptocurrency exchange Bybit has announced the shutdown of its non-fungible token (NFT) marketplace.
In an April 1 announcement, Bybit warned its users that its NFT marketplace will cease operations on April 8, 2025, at 4:00 pm (UTC). Furthermore, at that time, the exchange will also shut down its Inscription Marketplace and its initial decentralized exchange offering initiative.
Related: Bybit: 89% of stolen $1.4B crypto still traceable post-hack
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