Bitget to update index price data source for COPPERUSDT perps

To ensure the continued accuracy, stability, and availability of index price data for its futures products, Bitget will adjust the index price data source for COPPERUSDT perpetual futures. The details are as follows.

 

1. Adjustment details

COPPERUSDT's index price data comes from Pyth Network, which is now switching its COPPER price data source to the Pyth COPPER Index.

 

2. Effective time

Starting at 5:00 PM (UTC+8) on September 16, 2026, Bitget will switch the COPPERUSDT perpetual futures index price data source to the Pyth COPPER Index.

The effective time is subject to the actual launch time.

 

3. Changes to daily market closure

Pyth Network is switching its underlying data source from CME to the Pyth COPPER Index, which will change the daily market closure hours and pause index price updates during those hours (Bitget will use an internal model to estimate the index price in the meantime). The specific changes are as follows:

Before the switch (CME data source): Daily market closure from 5:00 AM to 6:00 AM (UTC+8)

After the switch (Pyth COPPER Index data source): No daily market closure

 

4. Impact on users

After the index price data source switch, the COPPER index price may differ from the price under the previous data source.

Manage your positions carefully and avoid high-leverage trading around the switch to limit your risk.

 

5. Risk warning

Switching the data source and changing market closure hours may cause price volatility or sudden price moves in the affected perpetual futures during the transition window. Ensure that you fully understand the associated risks, trade responsibly, and manage your risks appropriately.

 

If you have any questions about this adjustment, feel free to contact our online customer service. Thank you for supporting Bitget.