- Bybit Web3 relaunch offers a user-friendly interface with major DeFi assets on the Solana network, eliminating external wallets.
- The $200,000 promotional campaign includes task-based and performance-based rewards for early users of the Bybit Web3 platform.
- Bybit’s Web3 platform integrates core DeFi functions, aiming to make on-chain trading more accessible without requiring gas tokens or separate wallets.
Bybit, the second-largest cryptocurrency exchange by trading volume, has officially relaunched its Web3 platform. The updated version of Bybit Web3 brings new features aimed at enhancing the user experience in the world of decentralized finance (DeFi). To mark the reintroduction of this platform, Bybit has announced a $200,000 promotional campaign to reward early adopters.
The revamped Bybit Web3 offers users a more seamless and simplified approach to on-chain trading. Previously, users needed to set up multiple Web3 wallets and manage gas tokens, but the new platform eliminates this complexity. With a Unified Trading Account (UTA), traders can easily engage in DeFi activities and trade major on-chain assets such as TUNA, PUMP, FRAG, JLP, RAY, MOODENG, LetsBONK, TSLAx, MSTRx, SPYx, CRCLx, and NVDAx. Users can trade these assets directly on the Solana network using USDT, USDC, SOL, or bbSOL, with no need for external wallets or gas tokens. This shift simplifies the on-chain trading experience and makes it more accessible to users at all levels.
User-Friendly Interface for On-Chain Trading
The new Bybit Web3 platform integrates the core functionalities of decentralized finance within the convenience of Bybit’s centralized exchange. The interface is designed to be user-friendly, ensuring that traders can easily navigate between centralized and decentralized trading. The upgraded platform aims to bring the benefits of DeFi to a broader audience by removing barriers typically associated with on-chain trading.
Bybit has declared a $200,000 promotion to mark the launch. The campaign ends September 7, 2025, and contains two separate events. Task-Based Rewards is a user-focused platform actually designed to get users to do something as straightforward as use Web3 and make their first Web3 trade in order to have the opportunity to win their share of a 120,000 USDT prize pool. Moreover, the performance-based competition enables the participants to fight to take the leading positions on the leaderboards by their trading volume, with the possibility to earn up to 80,000 USDT.
A New Way to Trade on Chain
Bybit Web3 not only offers a new interface with its most recent update. This platform enables the next steps in the DeFi opportunities to be realized on one smooth platform. The plan is also to add on-chain and off-chain arbitrage opportunities, allowing users who want to interact with the expanding decentralized finance world more options in doing so.
Bybit Web3 is expected to have all the power of Web3 but with the ease of a centralized system, with an improvement on how users can discover the ease of trading on-chain without getting into the razzle-dazzle of complexity that may normally characterize on-chain trades.
