Dear Community Members,

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We would like to inform you that the PopSocial team has proactively submitted a formal request to Bybit to delist PPT (PopSocial Token).

During our collaboration, Bybit, due to its internal compliance and risk management considerations, has on multiple occasions added an “ST” (Special Treatment) label to PPT. They have also put forward several requests tied to their market-making strategies, such as expecting more support on order book depth and order distribution. While we fully understand that different exchanges have their own operational models and risk control standards, after careful evaluation, we believe these requirements could to some extent restrict the autonomous development pace of the PPT community.

At PopSocial, we always prioritize the long-term interests of our community. To ensure that PPT can circulate in a more diverse, open, and project-aligned trading ecosystem in the future, we have decided—after thorough consideration—to proactively request delisting from Bybit. This is a strategic adjustment aimed at creating a healthier and more robust market environment for the PPT community.

In the coming months, we will continue to drive listings of PPT on more exchanges that support long-term development and share our values, further optimizing global liquidity and providing community members with better trading and participation experiences.

We sincerely appreciate the understanding and support of every community member. We will always keep the community’s interests at heart, moving forward together and steadfastly pursuing our Web3 and SocialFi vision.

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PopSocial Team

June 2025