Bybit, the second-largest crypto exchange, has had a successful first month with its token staking on Solana through its liquid staking token (LST) bbSOL. The exchange-backed staking token has received positive response and has surpassed other exchange-backed staking tokens in terms of total value locked (TVL). By introducing Bybit's centralized exchange to the decentralized finance (DeFi) landscape, bbSOL aims to provide a more streamlined experience for token holders. It will be listed on Bybit Spot and has partnered with Jupiter Exchange to enhance liquidity options within the Solana ecosystem.
- Content Editor ( finbold.com )
- 2024-10-09
Bybit’s bbSOL sees a successful first month