Bybit US Stock Perpetuals Add MU, EWY, and EWJ — Limited-Time Fee Discounts Now Live
Bybit US Stock Perpetuals Add MU, EWY, and EWJ — Limited-Time Fee Discounts Now Live
Crypto trading venues are rapidly evolving into 24/7 macro marketplaces. One of the clearest trends since 2025 is the convergence of digital-asset infrastructure with real-world exposures—whether through tokenized RWAs, crypto-native ETFs, or perpetual derivatives that track traditional markets. CoinGecko’s 2026 RWA research highlights how tokenized equities and ETFs emerged in mid-2025 and continued expanding into 2026, reflecting sustained demand for always-on access and settlement rails that feel “crypto-native.” (CoinGecko 2026 RWA Report)
Against this backdrop, Bybit has expanded its US stock perpetual contracts lineup with three new TradFi underlyings:
- Micron Technology ( MU ) — ticker MU
- iShares MSCI South Korea ETF ( EWY ) — ticker EWY
- iShares MSCI Japan ETF ( EWJ ) — ticker EWJ
All three are available with USDT margin, long / short trading, and 7×24 access via Bybit’s TradFi perpetual framework. For reference, you can view the related listing announcements here: MUUSDT perpetual listing, EWYUSDT perpetual listing, and EWJUSDT perpetual listing.
Bybit is also running a time-limited fee promotion for these new contracts: from now until May 31, 2026 at 10:00 UTC, Maker fees are reduced to 0, and Taker fees are discounted by 50% ( as low as 0.015% ). Always confirm eligibility and the exact fee schedule in Bybit’s product announcements and fee pages before trading.
Why MU, EWY, and EWJ matter to crypto-native traders
1) MU: a “AI infrastructure” equity proxy inside a USDT perpetual wrapper
Micron ( NASDAQ: MU ) sits directly in the global semiconductor and memory supply chain, an area that many traders treat as a proxy for AI demand cycles and data-center capex. If you want official company context, Micron’s investor relations portal is the best starting point. (Micron Investor Relations)
2) EWY and EWJ: liquid country exposures for Asia macro hedging
Instead of picking individual stocks across time zones, EWY and EWJ provide broad access to two major equity markets:
- EWY seeks to track an index composed of South Korean equities. (iShares EWY fund page)
- EWJ seeks to track an index composed of Japanese equities. (iShares EWJ fund page)
For crypto traders who already monitor USD liquidity, rates, and Asia session volatility, these ETF-linked perpetuals can become practical tools for portfolio hedging or event-driven trading—without waiting for local market hours.
What exactly is a “US stock perpetual contract” on Bybit?
Bybit categorizes these products under TradFi Perpetual Contracts: USDT-denominated and USDT-settled perpetual contracts that track the price of a traditional asset, but do not grant ownership of that asset. In other words, you can trade the price movement, but you do not receive shareholder rights like voting or dividends. (Bybit: Introduction to TradFi Perpetual Contracts)
Key mechanics to understand:
- USDT margin and settlement: profit and loss are handled in USDT, similar to linear perpetuals in crypto. (Bybit: FAQ — USDT Perpetual and Expiry Contracts)
- Funding rate + liquidation framework: TradFi perpetuals use the same core perpetual architecture as crypto perps, with adjustments designed for traditional-market characteristics. (Bybit: Introduction to TradFi Perpetual Contracts)
- 24/7 pricing when the underlying market is closed: Bybit describes specific approaches to index / mark price behavior during after-hours and overnight periods, including smoothing methods intended to reduce erratic prints in low-liquidity windows. (Bybit: Index Price and Mark Price sections)
This is the core “crypto-native” value proposition: trade macro narratives continuously, even when the underlying stock market is closed—while still using familiar perp tooling ( limit orders, funding, risk limits, liquidation thresholds ).
Limited-time fee discount ( ends May 31, 2026 10:00 UTC )
For MU, EWY, and EWJ stock perpetuals, Bybit is offering a launch window promotion:
- Maker fee: 0



