Guavy AI Editorial TeamSentiment: 4Clout: 85

Bybit Unlocks Dual-Yield Potential with BYUSDT as TradFi Margin Collateral

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced that its TradFi platform now accepts BYUSDT as margin collateral. This new feature allows users to leverage their BYUSDT holdings for CFD trading on traditional financial assets such as forex, gold, crude oil, global indices, and trending stock CFDs.

BYUSDT is a yield-bearing token exclusive to Bybit, backed 1:1 by participating users' USDT Flexible Easy Earn balances. With BYUSDT as margin collateral, users can continue to earn yield on their holdings while trading TradFi instruments, maximizing capital efficiency in the Bybit ecosystem.

For a limited time, eligible traders can take advantage of a bonus APR prize pool on BYUSDT by trading daily. The prize pool totals 150,000 USDT and is available until July 31, 2026. Eligible users receive tiered APR boosts based on prior-day net trading volume, potentially multiplying their interest income from the underlying BYUSDT position.

Bybit TradFi currently offers zero commission and zero overnight fees for stock CFDs across over 380 global tickers. Users can swap USDT to BYUSDT in seconds and continue trading as usual while enjoying additional benefits.