Bybit is expanding DeFi opportunities for bbSOL holders by establishing new partnerships with RateX, marginfi, and Save, aligning with their mission to provide CeDeFi solutions.
Launch of Synthetic Yield Farming with RateX
Bybit integrates with RateX, offering bbSOL holders synthetic yield options. This enables trading synthetic Yield Tokens with leverage, benefiting from yield movements.
Increasing Liquidity with Save and marginfi
To enhance bbSOL's DeFi utility, Bybit partners with Save and marginfi. These protocols provide lending and borrowing opportunities in decentralized mechanisms on the Solana platform.
Competitive Yield Offering for bbSOL
bbSOL offers a competitive APY of up to 22%, with no commission fees and flexible redemption options, providing users seamless access to both CeFi and DeFi earnings.
With this expansion, Bybit reinforces its position as a leader in CeDeFi innovation, offering bbSOL holders diversified, flexible options to enhance yield potential across various financial products.
