|
Getting your Trinity Audio player ready...
|
- BYUSDT can now be used as margin collateral for CFD trading while continuing to generate yield.
- Bybit has launched a 150,000 USDT APR rewards campaign running through July 31, 2026.
- The update improves capital efficiency by combining passive yield with access to forex, commodities, indices, and stock CFDs.
Bybit has expanded the functionality of its yield-bearing BYUSDT token, allowing users to use it as collateral for contracts for difference (CFD) trading on the platform’s TradFi marketplace. The move gives traders a new way to keep earning passive returns while putting the same assets to work in leveraged trading.
Previously, only USDT could be used as margin for TradFi products. The latest update adds flexibility for users who want to maintain yield generation without moving funds out of earning products.
BYUSDT Now Supports CFD Margin Trading
BYUSDT is a token available exclusively on Bybit. Users receive it by converting USDT held in the exchange’s Flexible Easy Earn product on a one-to-one basis. The token is designed to generate yield automatically, reducing the need for active portfolio management.
With this upgrade, BYUSDT can now serve as margin across Bybit’s TradFi markets, including forex, gold, crude oil, global stock indices, and stock CFDs. This means traders no longer have to choose between earning yield and accessing trading opportunities, as both can happen simultaneously using the same capital.
The change reflects a growing trend among crypto exchanges to make idle assets more productive while improving capital efficiency for traders.
Limited-Time Rewards Program Adds More Incentives
Alongside the rollout, Bybit has introduced a promotional rewards campaign running until July 31, 2026. The program includes a 150,000 USDT prize pool dedicated to APR bonuses.
New TradFi users can qualify for rewards after completing their first trade within five days of account activation. The highest available reward offers an APR multiplier of up to 20x, with bonus levels determined by daily net trading volume.
Existing users are also eligible for enhanced APR rewards. Their bonuses depend on trading activity from the previous day, with larger trading volumes unlocking higher reward tiers over time.
Notably, stock CFD trades receive four times the weighting of other eligible products, allowing participants to reach higher reward levels with comparatively lower trading volume.
Bybit Continues Expanding Its TradFi Offering
The exchange currently offers more than 380 stock CFDs through its TradFi platform. According to Bybit, these products are available without trading commissions or overnight fees.
Users can convert USDT into BYUSDT directly within the platform before using the token as collateral, enabling them to continue earning yield while maintaining access to TradFi markets.
Availability of BYUSDT margin trading and promotional rewards depends on regional eligibility requirements and other platform-specific conditions.
Bybit’s decision to allow BYUSDT as TradFi margin collateral represents another step toward improving capital efficiency for traders. By combining passive yield generation with access to forex, commodities, indices, and stock CFDs, the exchange is giving users greater flexibility without requiring them to sacrifice earning opportunities. The addition of a time-limited rewards campaign further strengthens the appeal for both new and existing traders looking to maximize returns.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
