On-Chain Excitement Intensifies: New Bybit Web3 Initiative Offers $200,000 in Rewards
Bybit, the second-largest cryptocurrency exchange globally, has unveiled its latest offering - Bybit Web3, a new Web3 infrastructure designed to simplify the on-chain trading experience for users.
Bybit Web3 promises a barrier-free on-chain trading experience by integrating core decentralized finance (DeFi) features directly into Bybit's platform. This integration eliminates the need for users to manage external Web3 wallets or gas tokens.
Key Features of Bybit Web3
Unified Trading Account (UTA)
With Bybit Web3, users can trade on-chain tokens using their Bybit UTA with stablecoins and native tokens such as USDT, USDC, SOL, and bbSOL, removing the need for separate Web3 wallets or gas token management.
Seamless Bridge Between CEX and DEX
Bybit Web3 acts as a smooth bridge between centralized exchange (CEX) features and decentralized exchange (DEX) on-chain trading, enabling users to switch effortlessly between both environments.
On-Chain Trading of Curated Tokens
Users can directly trade various sought-after Solana-based tokens including TUNA, PUMP, FRAG, JLP, RAY, MOODENG, LetsBONK, TSLAx, MSTRx, SPYx, CRCLx, NVDAx, and more, within one user-friendly interface.
Integrated DeFi Activities
Beyond trading, the platform plans to add more DeFi capabilities such as on-chain liquidity staking and Initial DEX Offering (IDO) participation in the near future.
Simplified Access and Security
Bybit Web3 offers easy access through Bybit accounts and custodial wallets, which manage private keys securely on behalf of users, making it particularly accessible for newcomers to Web3 without requiring personal key management.
Incentives and Promotions
To encourage adoption, Bybit Web3 has launched a $200,000 reward campaign featuring task-based rewards for performing simple actions like the first Web3 trade, aiming to attract millions of users globally.
Benefits of Bybit Web3
- Eliminates the complexity of traditional Web3 setups (no external wallet or gas token needed).
- Seamless user experience integrating centralized and decentralized finance functionalities.
- Provides secure custody and easy account management.
- Offers a curated, growing list of on-chain tokens for trading.
- Encourages user engagement through rewards and simplified onboarding.
- Helps democratize access to DeFi and Web3 for a broad audience.
Bybit Web3 reimagines the on-chain experience with innovative offerings and a seamless user journey. This infrastructure upgrade positions Bybit Web3 as an approachable yet powerful gateway to on-chain trading and DeFi activities.
For more details about Bybit, visit Bybit Press. For media inquiries, contact [email protected]. Follow Bybit's communities and social media for updates. Bybit Web3 is partnering with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation.
From August 8, 2025 to September 7, 2025, Bybit Web3 users can participate in a limited-time prize pool of 200,000 USDT in two events: Task-Based Rewards and Performance-Based Competition. Terms and conditions apply for rewards on Bybit Web3.
Bybit, the second-largest cryptocurrency exchange by trading volume, is redefining openness in the decentralized world.
- Bybit Web3, an offering from the second-largest cryptocurrency exchange globally, Bybit, integrates decentralized finance (DeFi) features into its platform, aiming to provide a barrier-free on-chain trading experience by eliminating the need for users to manage external Web3 wallets or gas tokens.
- Bybit Web3 utilizes a Unified Trading Account (UTA), allowing users to trade on-chain tokens using their Bybit UTA with stablecoins and native tokens like USDT, USDC, SOL, and bbSOL, thereby removing the need for separate Web3 wallets or gas token management.
- Bybit Web3 acts as a bridge between centralized and decentralized finance (CEX and DEX) environments, enabling users to switch effortlessly between both, and offering on-chain trading of curated tokens directly within a user-friendly interface, democratizing access to DeFi and Web3 for a broad audience.
