A User-Centric Approach to Crypto Innovation

[PRESS RELEASE – Dubai, United Arab Emirates, January 23rd, 2025]

Bybit, the world’s second-largest cryptocurrency trade by buying and selling quantity, has shared its imaginative and prescient for 2025 in the course of the livestream occasion: Keynote with Ben: In the Driving Seat to the Moon — Beat the Unknown. Ben Zhou, Co-founder and CEO, mirrored on Bybit’s 2024 journey, emphasizing the corporate’s dedication to development, innovation, and its guideline: ‘Pay attention, Care, Enhance.’

The occasion, that includes insights from Bybit’s management group, highlighted key milestones, options to main challenges, and plans to empower customers and advance the cryptocurrency ecosystem.

A Clear and Consumer-Centric Method

Bybit’s 2025 imaginative and prescient is a testomony to the corporate’s dedication to inserting its customers on the middle of each initiative. Zhou, in a keynote handle, underscored the significance of embracing each achievements and challenges.

“To construct a greater Bybit for all, we should hearken to our customers, care deeply about their wants, and consistently enhance. Our imaginative and prescient for 2025 displays these values,” Zhou acknowledged.

The keynote showcased Bybit’s accomplishments in 2024 whereas overtly discussing areas for enchancment, underscoring the corporate’s pledge to take care of transparency and foster belief inside its neighborhood.

Staying Related to Customers

On the core of Bybit’s philosophy lies an unwavering dedication to listening to its customers.

“Our aim is to be the trade that really understands its customers and acts on their suggestions,” Zhou emphasised in the course of the keynote. This user-centric method has pushed Bybit to have interaction actively with its neighborhood to establish and handle ache factors.

In 2024, the Bybit Card program, enhanced in response to person suggestions, expanded into six areas with improved options similar to quicker help response occasions (decreased from 32 to 12 hours), higher charges, and seamless integration with digital wallets like Apple Pay and Google Pay.

Turning Challenges into Alternatives

Bybit’s dedication to its customers was exemplified in the way it reworked challenges into development alternatives. As an example, the $NOT coin incident, which impacted over 310,000 customers, highlighted gaps in dealing with excessive site visitors and buying and selling volumes. Zhou remarked,

“We listened, owned our errors, and used these experiences to construct higher methods.” These classes enabled Bybit to seamlessly deal with the $HMSTR token airdrop later within the 12 months, delivering tokens to 4.3 million members with out delays. Bybit took this opportunity to construct an efficient site visitors prediction mannequin and upgraded its SOPs to handle large quantity spikes sooner or later.

Stablecoin partnerships with Circle, Ethena, and Tether strengthened Bybit’s give attention to person wants. These collaborations solidified Bybit’s place as a pacesetter in USDC buying and selling, reaching a 36% market share, whereas USDe dominated with a 99% market share within the second half of 2024.

Advancing Merchandise and the Business

Bybit’s pursuit of enchancment translated into a number of improvements in 2024. TradeGPT, the industry-first platform’s AI-powered buying and selling assistant, attracted over 5 million customers, redefining how merchants entry insights and market evaluation. Pre-Market Perpetuals, permitting merchants to hedge and speculate earlier than token launches, noticed notable engagement with tokens like $HYPE and $TRUMP.

The platform additionally enhanced its Puzzle Hunt program, combining gamified schooling with rewards, and continued increasing Launchpool, which simplifies incomes rewards from promising initiatives. With ByVotes 2.0, customers can achieve a larger voice in mission listings, reinforcing Bybit’s community-focused ethos.

Bybit additionally launched bbSOL, the world’s first exchange-backed liquidity staking token on Solana, reaching a Whole Worth Locked (TVL) of $240 million inside simply 5 months.

Bybit continued its function as an innovator in ecosystem enlargement, forming strategic partnerships with Solana, TON, and Sui. These collaborations launched new alternatives for customers whereas underscoring Bybit’s dedication to fostering blockchain innovation.

The trade achieved report development, tripling its person base to over 60 million and surpassing a median every day buying and selling quantity of $36 billion

“Our progress is a mirrored image of the belief our customers place in us and our willpower to set new requirements within the {industry},” Zhou remarked.

A Visionary Roadmap for 2025

Bybit’s roadmap for 2025 displays its core philosophy of Pay attention, Care, Enhance, prioritizing instruments, liquidity, and user-centric initiatives that redefine the crypto panorama.

Strategic partnerships will additional diversify Bybit’s choices. Collaborations with Ethena have launched improvements like USDe, and upcoming merchandise similar to real-world asset (RWA)-backed devices, together with T-bills, will enrich Bybit Earn’s portfolio. These initiatives align with Bybit’s dedication to integrating conventional belongings into crypto portfolios, enhancing each flexibility and reliability.

Bybit envisions a future deeply built-in with Web3 below the banner of The Way forward for Onchain Bybit: Your Gateway to Web3. This consists of integrating on-chain asset administration, superior buying and selling instruments, and DeFi options right into a seamless, all-in-one Web3 platform for all. Bybit additionally plans important on-chain asset expansions and new pockets and infrastructure upgrades, whereas deepening integration with rising ecosystems like Atom, Ada, Babylon, Athena, Sei, Monad, Bera, and extra.

“Our roadmap for 2025 displays our dedication to empowering customers and advancing the crypto ecosystem,” Zhou acknowledged. “We are going to proceed to innovate, enhance, and make crypto accessible for everybody.”

#Bybit / #TheCryptoArk / #KeynotewithBen

About Bybit

Bybit is the world’s second-largest cryptocurrency trade by buying and selling quantity, serving a worldwide neighborhood of over 60 million customers. Based in 2018, Bybit is redefining openness within the decentralized world by creating a less complicated, open and equal ecosystem for everybody. With a powerful give attention to Web3, Bybit companions strategically with main blockchain protocols to offer strong infrastructure and drive on-chain innovation. Famend for its safe custody, numerous marketplaces, intuitive person expertise, and superior blockchain instruments, Bybit bridges the hole between TradFi and DeFi, empowering builders, creators, and fans to unlock the total potential of Web3. Uncover the way forward for decentralized finance at Bybit.com.

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