Bybit Boosts Earn Carnival With Bonus APR and New 1.2 Million USDT Prize Pool

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the extension of its popular Earn Carnival in response to high demand from users amidst ongoing global market volatility. This extended campaign offers enhanced earning opportunities across premium Bybit Earn products, with an additional prize pool of 1,200,000 USDT.

The Earn Carnival expansion caters to users looking to earn yields on both stablecoin holdings and tokenized assets. The campaign features three flagship offerings available on the Bybit Earn platform:

1. BYUSDT Flexible Savings With Bonus APR: Eligible users can enjoy a boosted APR on BYUSDT flexible savings, with rates of up to 10%. BYUSDT represents a tokenized USDT position that can be used for flexible savings and as trading collateral on Bybit. The personal APR cap for BYUSDT has also been increased to 100,000 USDT per user.

2. Mantle Vault With Uncapped Yield Opportunities: The Mantle Vault, a structured product offering on-chain yield opportunities, is providing up to 3% extra APR with no upper limit per user. This allows users with larger positions to fully benefit from the enhanced yield structure.

3. XAUT – Tokenized Gold With Flexible and Fixed Options: The XAUT tokenized gold asset by Tether allows users to diversify beyond crypto-native exposure. Holding XAUT on Bybit generates yield, with the XAUT Easy Earn product offering up to a 10% bonus APR with a minimum investment of 0.05 XAUT.

As the digital asset markets continue to present both opportunities and uncertainties, Bybit remains committed to providing tools for users to optimize their trading strategies. The extended Earn Carnival empowers traders and investors to build resilience into their portfolios while maintaining liquidity and flexibility in the face of market fluctuations.

Users can access BYUSDT, Mantle Vault, and XAUT earning opportunities directly through the Bybit Earn platform. Rewards are distributed on a first-come, first-served basis, subject to eligibility and campaign terms. For more information on current APR rates and real-time prize pool availability, users can visit the official Bybit Earn Carnival page.

Bybit, founded in 2018, is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit collaborates with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Known for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between traditional finance and decentralized finance, empowering users to unlock the full potential of Web3.

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In conclusion, Bybit’s extended Earn Carnival offers users enhanced earning opportunities in a volatile market environment, providing a platform for traders and investors to maximize their returns while managing risks effectively.