How POD works with Bybit
As with the other centralised venues, POD opens a fund-owned Bybit sub-account at onboarding. The manager trades under trading permissions; withdrawals sit under the platform's controls. Positions and balances flow through POD's portfolio data layer into the daily valuation, which means a derivatives-heavy strategy on Bybit is marked daily, with margin and unrealised P&L reflected in the NAV investors see.
For managers running perpetual strategies this is the difference between a managed account and a fund: the same venue, but with an independent NAV and an auditable record behind it.
