The upgraded product arrives while Bitcoin trades near the $80,000 mark, following a recovery from August lows of $62,600. Bybit’s solution offers a fixed 45-day term, distancing itself from the volatility typical of variable-rate DeFi products. Subscribers face a 200 BTC cap, with the platform allowing participants to roll principal and interest into subsequent cycles automatically upon maturity.
Bybit Boosts BTC Staking Yield to 1.2% APR via Function Partnership
A 50% increase in guaranteed annual returns for Bitcoin holders arrives as Bybit updates its On-Chain Earn vault. Through a new partnership with the protocol Function, the exchange has raised its evergreen staking yield from 0.8% to 1.2%, targeting long-term investors navigating a period of price consolidation.
This move deepens Bybit's integration with the intersection of decentralized and traditional finance. By providing a guaranteed return rather than a fluctuating market yield, the exchange aims to incentivize holders to move idle assets into a predictable, fixed-term vehicle. The updated vault is available immediately, though the 45-day commitment period prevents early redemption for those seeking liquidity.
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