CryptoBybit Expands Launchpool with Introduction of SUI Ecosystem Token Pool

Bybit Expands Launchpool with Introduction of SUI Ecosystem Token Pool

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the expansion of its Launchpool platform with the addition of ecosystem token pools. Following successful integrations such as Mantle, the platform now supports the SUI pool, representing a significant advancement in ecosystem support and providing targeted opportunities for token holders.

This initiative underscores Bybit’s long-term commitment to nurturing blockchain ecosystems. The SUI token pool is the first of its kind on Bybit, introduced during a period of positive momentum for the SUI project. This development aims to offer users greater flexibility and align with the specific needs of the SUI ecosystem.

“We believe that a healthy ecosystem and high-quality projects are essential for attracting new users and driving industry growth,” said Emily Bao, Head of Spot and Web3 at Bybit. “As an established platform with six years of stable operation, Bybit will continue to enhance collaborations with ecosystem partners, providing mutual support and facilitating joint development.”

This strategy is evident in Bybit’s recent token listing activities, as the exchange was among the first to support TON ecosystem tokens and to enable transactions for PYUSD on the Solana network. With the rapid development of the SUI ecosystem, Bybit swiftly listed the NAVI protocol, a prominent project within SUI, and introduced staking for the SUI token pool on its Launchpool.

“This marks Bybit’s first mining pool outside of the Mantle ecosystem native tokens, and SUI is just the beginning. We plan to introduce more ecosystem token pools based on project characteristics and ecosystem development, empowering overall growth,” Bao added.

Bybit remains dedicated to providing a diverse and rewarding user experience through its Launchpool platform, which will continue to adapt to the evolving needs of blockchain ecosystems.

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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