Bybit Announcement | Story (IP) rebranding to Data Network (DATA) and token swap

Story (IP) is rebranding to Data Network (DATA). Bybit will support the token swap and convert all IP tokens to DATA at a 1:1 ratio, where 1 IP = 1 DATA.

Key updates and timeline

IP tokens will be renamed to DATA on Bybit.

All IP tokens will be swapped to DATA at a ratio of 1 IP = 1 DATA.

IP/USDT delisting: Jul 6, 2026, 8AM UTC

Bybit will delist and cease trading for the IP/USDT Spot trading pair.

DATA/USDT listing: Jul 9, 2026, 8AM UTC

Bybit will open trading for the DATA/USDT Spot trading pair.

All active trade orders will be automatically removed after trading ceases for the relevant trading pair. The timeline may change if the transition is delayed.

Bybit will delist and cease trading for all IP Perpetual pairs, including IPUSDT and IPUSDC Perpetual, on Jun 26, 2026, 7AM UTC .

Please note the following:

The Perpetual Contracts will be delisted and trading will no longer be supported.

All active and conditional orders for the Perpetual Contracts will be automatically canceled.

Any remaining open positions in the Perpetual Contracts will be automatically closed. The closing price will be based on the average index price during the 30 minutes before delisting.

The Perpetual Contracts will be delisted and no longer supported on Trading Bots.

All unfilled Copy Trading orders for the Perpetual Contracts will be automatically canceled.

Deposits and withdrawals

IP deposits and withdrawals suspension: Jul 6, 2026, 6AM UTC

DATA deposits and withdrawals reactivation: Jul 9, 2026, 4AM UTC

IP deposits made after Jul 6, 2026, 6AM UTC will be rejected and will not be credited to your account.

IP will be removed from Bybit Convert on Jul 6, 2026, 8AM UTC . After this time, you will no longer be able to convert IP to or from other assets.

IP will also be removed from Convert Small Balances on Jul 6, 2026, 8AM UTC . After this time, you will no longer be able to convert IP to MNT, USDT, or USDC.

DCA Bots and Spot Grid Bots

If you have active Spot Grid Bots or DCA Bots on IPUSDT, close them before Jul 6, 2026, 8AM UTC . Otherwise, they will be automatically terminated by the system.

You can create new bots on DATAUSDT after Jul 9, 2026, 8AM UTC .

Please contact Customer Support if you need assistance. Thank you for your continued support.

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