Dubai, United Arab Emirates, October 7, 2024, Chainwire
Bybit, the world’s second largest cryptocurrency exchange by trading volume, is proud to announce the expansion of its Launchpool platform with the introduction of ecosystem token pools. Building on the success of previous integrations such as Mantle, Bybit Launchpool now supports an SUI pool, marking a significant step towards broader ecosystem support and offering more targeted opportunities for token holders.
This modern initiative reflects Bybit’s long-term commitment to supporting blockchain ecosystems. The inclusion of SUI as the first-ever native token pool of the Bybit ecosystem comes at a time of positive development of the project, which aims to provide users with greater flexibility and adapt to the needs of the SUI ecosystem.
“We believe that a healthy ecosystem and high-quality projects are key factors in attracting new users and driving the development of the industry. As an open platform with six years of stable operation, Bybit will continue to strengthen collaboration with ecosystem partners, offering mutual support and driving joint development,” said Emily Bao, Director of Spots and Web3 at Bybit.
“This approach is reflected in our latest token listing strategy – Bybit was one of the first exchanges to support TON ecosystem tokens and one of the first to enable deposits, withdrawals and trading of PYUSD online. Recently, with the robust growth of the SUI ecosystem, we quickly replaced the NAVI protocol, a leading project in the SUI ecosystem, and introduced staking for a pool of SUI tokens on our Launchpool. This marks Bybit’s first mining pool outside of the native tokens of the Mantle ecosystem, and SUI is just the beginning. In the future, we will introduce more ecosystem token pools based on the project characteristics and ecosystem development, strengthening the ecosystem development.
Bybit remains committed to offering users a diverse and rewarding experience through the Launchpool platform, which will continue to evolve with the needs of blockchain ecosystems.
For more information and to participate in Bybit Launchpool, readers can visit Bybit Launchpool: https://www.bybit.com/en/trade/spot/launchpool
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About BybitBybit is the world’s second largest cryptocurrency exchange by trading volume, serving over 50 million users. Founded in 2018, Bybit provides a professional platform where cryptocurrency investors and traders can find an ultra-fast matching engine, 24/7 customer support, and multilingual community support. Bybit is a proud partner of the current champion constructors and drivers of Formula 1: the Oracle (NYSE:) Red Bull Racing team. More information about Bybit can be found on the Bybit Press website. For media inquiries, readers can contact media at: media@bybit.comFor more information, readers can visit: https://www.bybit.comFor updates, readers can follow: Bybit Communities and Social MediaContactHead of PRTony AuBybittony.au@bybit.com
