The Times Australia
News From Asia

.
The Times Real Estate

.

ApeX Pro’s New Smart Liquidity Pools Bring the Best of DeFi to Bybit

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 5 September 2023 - Bybit, the world’s third most visited crypto exchange, is again collaborating with permissionless and decentralized trading platform ApeX Pro to open the door to ApeX Pro’s new Smart Liquidity Pool (SLP) where users can easily earn an attractive real yield on USD-pegged stablecoin, USDC.



The SLP provides users with an opportunity to become professional market makers and earn profits with a high return-to-risk ratio. The pool market-making strategy automatically places buy and sell orders to capture profits from bid-ask spreads. Profits are shared among the pool subscribers, earning liquidity providers an attractive passive income.

Bybit users can access ApeX Pro directly from their Bybit account, foregoing the need to set up a decentralized wallet and navigate blockchains directly, and they can access the product with just $10 USDC. The total size of the SLP will increase from $500,000 to $2,000,000 million over the course of the first month allowing more users to gain from this passive income stream, while the pool cap will increase further in the upcoming months.

Another key advantage of the SLP is its ability to mitigate impermanent loss, a common concern in traditional liquidity provision. Unlike other liquidity strategies, where users only earn fees when trades are within a specific range, the SLP offers continuous yield opportunities, thanks to its vigilant monitoring of user positions and adjustment to market conditions.

“With the launch of the Smart Liquidity Pool, ApeX Pro continues to spearhead innovation in the DeFi space,” said Ben Zhou, co-founder and CEO of Bybit. “We’re proud to provide Bybit users easy access to the next-level opportunities offered in the world of decentralized finance, directly from their Bybit account.”
Hashtag: #Bybit #TheCryptoArk

The issuer is solely responsible for the content of this announcement.

Bybit

Bybit is a top-five cryptocurrency exchange established in 2018 that offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One's reigning Constructors' and Drivers' champions: the Oracle Red Bull Racing team.

For media inquiries, please contact:
For more information please visit:
For updates, please follow:

The Times Features

How to buy a coffee machine

For coffee lovers, having a home coffee machine can transform your daily routine, allowing you to enjoy café-quality drinks without leaving your kitchen. But with so many optio...

In the Digital Age, Online Promotion Isn't Just an Option for Small Businesses – It's a Necessity

The shift to an online-first consumer landscape means small businesses must embrace digital promotion to not only survive but thrive in 2025. From expanding reach to fostering cu...

Sorbet Balls by bubbleme Bring Bite-Sized Cool Spin to Frozen Snacking

A cool new frozen treat is rolling into the ice-cream aisle at Woolworths stores nationwide. Dairy-free, gluten-free and free from artificial colours, bubbleme Sorbet Balls ar...

Mind-Body Balance: The Holistic Approach of Personal Training in Moonee Ponds

Key Highlights Discover the benefits of a holistic approach to personal training in Moonee Ponds and nearby Maribyrnong, including residents from Strathmore. Learn how mind-b...

How Online Platforms Empower You to Find Affordable Removalists and Electricity Plans

When you move into a new home, you have many tasks to do. You need to hire removalists and set up your electricity.  In this article, we discuss how online platforms empower you ...

IS ROSEMARY OIL THE SECRET TO BETTER HAIR DAYS? HERE’S WHAT IT CAN DO

Rosemary hair oil is a straightforward natural solution that delivers exceptional results for anyone who wants to enhance their haircare process. It maintains its status in herba...

Times Magazine

CNC Machining Meets Stage Design - Black Swan State Theatre Company & Tommotek

When artistry meets precision engineering, incredible things happen. That’s exactly what unfolded when Tommotek worked alongside the Black Swan State Theatre Company on several of their innovative stage productions. With tight deadlines and intrica...

Uniden Baby Video Monitor Review

Uniden has released another award-winning product as part of their ‘Baby Watch’ series. The BW4501 Baby Monitor is an easy to use camera for keeping eyes and ears on your little one. The camera is easy to set up and can be mounted to the wall or a...

Top Benefits of Hiring Commercial Electricians for Your Business

When it comes to business success, there are no two ways about it: qualified professionals are critical. While many specialists are needed, commercial electricians are among the most important to have on hand. They are directly involved in upholdin...

The Essential Guide to Transforming Office Spaces for Maximum Efficiency

Why Office Fitouts MatterA well-designed office can make all the difference in productivity, employee satisfaction, and client impressions. Businesses of all sizes are investing in updated office spaces to create environments that foster collaborat...

The A/B Testing Revolution: How AI Optimized Landing Pages Without Human Input

A/B testing was always integral to the web-based marketing world. Was there a button that converted better? Marketing could pit one against the other and see which option worked better. This was always through human observation, and over time, as d...

Using Countdown Timers in Email: Do They Really Increase Conversions?

In a world that's always on, where marketers are attempting to entice a subscriber and get them to convert on the same screen with one email, the power of urgency is sometimes the essential element needed. One of the most popular ways to create urg...

LayBy Shopping