Bybit Expands Ecosystem Token Pools with SUI on Launchpool

Dubai, United Arab Emirates, October 7th, 2024

Bybit, the second-largest cryptocurrency exchange globally by trading volume, is excited to announce the expansion of its Launchpool platform with the introduction of ecosystem token pools. Following the success of previous integrations, such as Mantle, Bybit Launchpool now features the SUI pool, representing a significant step towards enhancing its ecosystem support and providing more focused opportunities for token holders.

This initiative underscores Bybit’s commitment to nurturing blockchain ecosystems. The addition of SUI as the first native token pool marks a positive milestone for the project, aiming to offer users enhanced flexibility in line with the SUI ecosystem’s needs.

Emily Bao, Head of Spot and Web3 at Bybit, stated, "We believe that a healthy ecosystem and high-quality projects are crucial for attracting new users and driving industry growth. As an established platform with six years of stable operation, Bybit will continue to strengthen partnerships with ecosystem collaborators, providing mutual support and fostering joint development."

She added, "Our recent token listing strategy illustrates this commitment. Bybit was among the first exchanges to support tokens from the TON ecosystem and to facilitate deposits, withdrawals, and trading of PYUSD on the network. Recently, with the rapid progress of the SUI ecosystem, we quickly included the NAVI protocol, a leading project within it, and introduced staking for the SUI token pool on our Launchpool. This represents Bybit’s inaugural mining pool outside of the Mantle ecosystem tokens, and SUI is only the beginning. In the future, we will roll out more ecosystem token pools tailored to project characteristics and ecosystem growth."

Bybit remains dedicated to providing a diverse and rewarding experience to its users through the Launchpool platform, which will continue to adapt to the evolving demands of blockchain ecosystems.

For further details and to participate in Bybit Launchpool, interested individuals can explore the platform.

About Bybit
Bybit ranks as the world’s second-largest cryptocurrency exchange by trading volume, catering to over 50 million users. Established in 2018, Bybit offers a professional platform equipped with an ultra-fast matching engine, round-the-clock customer support, and a multilingual community. Additionally, Bybit proudly partners with the reigning Constructors’ and Drivers’ champions of Formula One, the Oracle Red Bull Racing team.

For media inquiries, please contact:
Tony Au
Head of PR, Bybit
[email protected]

This article is based on information from Chainwire.