Bybit Launches Web3 Platform Bridging On-Chain and Centralized Trading

Announced on August 8, the platform allows trading on-chain assets without wallet setups, merging centralized and decentralized exchange features.

JLP
FARTCOIN
RAY

Summary

Bybit announced on August 8 the launch of its new Web3 platform that enables users to trade on-chain assets directly from the main site without the need for wallet connections or topping up gas tokens. The platform bridges centralized and decentralized exchanges and supports tokens such as TUNA, PUMP, FRAG, Fartcoin, JLP, RAY, MOODENG, LetsBONK, TSLAx, MSTRx, SPYx, CRCLx, and NVDAx.

Terms & Concepts
  • Web3 Platform: A next-generation internet platform leveraging blockchain technology to support decentralized applications and enable direct on-chain asset trading.
  • On-Chain Assets: Digital assets that are recorded and managed on a blockchain, allowing for transparent trading without intermediaries.