Bybit
Search documents
Bybit Launches BYUSDT to Tokenize Staked USDT for Margin Trading
Yahoo Finance· 2025-12-12 17:51
Core Insights - Bybit has launched BYUSDT, a proprietary token that allows users to tokenize their USDT Flexible Easy Earn balances for margin trading while still earning daily yield [1][2] Group 1: Product Features - BYUSDT enables Bybit VIP account holders to tokenize their staked USDT for 1:1 margin trading, allowing seamless swaps between BYUSDT and USDT Flexible Easy Earn accounts without fees [2] - The token accrues rewards hourly with daily payouts, enhancing the user experience [2] - Bybit's offering is unique in the centralized exchange space, as it integrates directly with the platform's staking rewards program [3] Group 2: Competitive Landscape - While similar products exist, such as those from Derebit and Kraken, Bybit's approach combines margin trading with a comprehensive rewards platform, unlike Kraken which limits margin trading to specific rewards [4][5] - Bybit's capital efficiency allows users to earn yields on staked USDT while maintaining liquidity for trading, addressing a common dilemma faced by traders [5] Group 3: Strategic Partnerships - Bybit is focusing on the stablecoin market, particularly through its partnership with Circle to enhance USDC liquidity across various markets and services [6][7] - The partnership aims to improve fiat-to-crypto on/off-ramps and expand USDC integration within Bybit's ecosystem, including services like Bybit Card and Bybit Earn [7]
X @Bybit
Bybit· 2025-12-12 16:00
🔍 @Mantle_Official just dropped Mantle RWApped 2025.→ Mantle evolved into a full-stack finance→ RWAs unlocked Mantle's next wave→ Bybit supercharged $MNTA big year full of MoMNTum, read about it here ⤵️https://t.co/nGxlqOVLhFMantle (@Mantle_Official):https://t.co/YKvTOuIozo ...
X @Solana
Solana· 2025-12-12 14:43
.@Bybit_Official CEO @benbybit explains how it is a good thing but also a curse to build a separately branded DEX as a centralized exchange@calilyliu says that the way to win ultimately is to make a competent, very good product that speaks for itself https://t.co/RjnUymKaNC ...
X @Lookonchain
Lookonchain· 2025-12-12 13:40
Two newly created wallets (0x98DF and 0xEb2c) just withdrew 300,000 $USDT from #Bybit to buy $RAVE.They've already spent 200,000 $USDT to buy 958,526 $RAVE and still have 100,000 $USDT left — likely to buy more $RAVE.https://t.co/jkYFsqLIz1https://t.co/ZMtHedvR1j https://t.co/7L8YStjR2R ...
X @Bybit
Bybit· 2025-12-12 09:37
Less than 4 hours to go. ⏰Our CEO & Co-Founder @benbybit joins @calilyliu, President of the @solana Foundation, for a fireside chat at @SolanaConf.Expect insights on where CeFi, DeFi, and Internet Capital Markets are converging next.See you at Absolute Cinema, 17:50–18:05 (UTC+4).#Bybit #CryptoArk #SolanaBreakpoint2025Bybit (@Bybit_Official):We’re excited to share that Bybit CEO and Co-Founder Ben Zhou will be joining a fireside chat with @solana Foundation President Lily Liu at @SolanaConf 2025.Looking for ...
X @Bybit
Bybit· 2025-12-12 08:11
RT Bybit (@Bybit_Official)🤝 Your chance to win with friends is here!How to join:- Invite 2 friends to Bybit- Complete one action (Deposit 100 & Trade 500)- Take a screenshot of your Referral History (from Dec 10 onward)Earn 100 USDT for yourself, and your friends share 100 $USDT. https://t.co/CvdkZUb6ah ...