Bybit Partners with Sri Lanka Central Bank for $100K Flood Relief Aid
Bybit Partners with Sri Lanka Central Bank for $100K Flood Relief Aid
馃寠 Crypto meets disaster relief
Crypto exchange steps up for disaster relief
Bybit has partnered with the Central Bank of Sri Lanka to deliver $100,000 in aid to communities devastated by recent catastrophic flooding.
The initiative targets affected families across Sri Lanka and Southeast Asia, focusing on:
- Community rebuilding efforts
- Recovery support for flood victims
- Direct assistance through official banking channels
Growing trend in crypto disaster response
This follows similar efforts by other exchanges, including Binance's $1.5M airdrop to European flood victims earlier this year.
The partnership demonstrates how crypto companies are increasingly working with traditional financial institutions to provide humanitarian aid during natural disasters.
With Sri Lanka. With Southeast Asia. With every affected family. In the wake of catastrophic flooding, hope endures. Bybit is working with the Central Bank of Sri Lanka to deliver $100,000 in aid, helping communities rebuild and recover.
Bybit Launches Four New Perpetual Contracts for Traditional Market Assets
Bybit has expanded its perpetual contracts offerings with four new trading pairs now available on the platform. **New Trading Pairs:** - $LLYUSDT (Eli Lilly) - [Trade here](https://i.bybit.com/1abdRc0s) - $IWMUSDT (Russell 2000 ETF) - [Trade here](https://i.bybit.com/27LUzabS) - $BMNRUSDT - [Trade here](https://i.bybit.com/KsabYW0) - $SPYUSDT (S&P 500 ETF) - [Trade here](https://i.bybit.com/iCabVB5) These additions allow traders to access perpetual contracts for traditional market assets through Bybit's platform, bridging conventional finance with crypto trading infrastructure.
Ethena Launches USDtb Stablecoin Backed by U.S. Treasury Assets
Ethena has introduced **USDtb**, a new stablecoin backed by U.S. Treasury assets that brings real-world asset (RWA) yield into the crypto ecosystem. **Key Features:** - Utility across trading, collateral, and DeFi applications - Initial staking rewards of up to 555% APR for USDT stakers - Post-maturity yield of 3.4% APR for USDtb holders The launch follows Binance's introduction of RWUSD in July 2025, which offered up to 4.2% APR on tokenized U.S. Treasury Bills. USDtb represents another step in bridging traditional finance yields with cryptocurrency markets through treasury-backed stablecoins.
Fixed Rate Loan Introduces Flexible Earnings Integration for Supply Orders
Fixed Rate Loan has launched a new feature allowing users to fund Supply orders directly from their Flexible Earnings balance. **Key features:** - Earn flexible APR while orders are pending - Automatic conversion to fixed APR when orders are matched - Eliminates idle capital periods The update ensures continuous yield generation throughout the lending process, removing the gap between flexible and fixed-rate earnings.
PENGUIN Token Launches Community Voting Campaign on ByVotes Platform
The PENGUIN token has launched on the ByVotes platform, attracting significant early participation. **Key Metrics:** - Over 270 million votes cast - More than 8,000 participants engaged - Prize pool of 1,500,000 PENGUIN tokens available The campaign allows community members to vote on the platform to earn a share of the prize pool. This follows a similar pattern to previous token launches on ByVotes, such as the HAT token campaign in January 2025. [Learn More](https://i.bybit.com/G086ab2) | [Vote Now](https://i.bybit.com/2D4kaabq)
馃巹 Bybit Launches Christmas Advent Box Campaign
**Bybit has launched its Big Advent Box campaign** for the holiday season, offering users the chance to win rewards from a **50,000 $USDT prize pool**. The campaign follows a simple format: - Tap to participate - Pay to unlock - Unwrap festive rewards daily This builds on Bybit's previous holiday promotions, including their **Big Bybit Unboxing campaign** that featured a 600,000 $USDT prize pool with daily spin opportunities. Users can participate in the advent-style reward system throughout the campaign period. The exchange continues its tradition of **seasonal promotional campaigns** designed to engage users during peak holiday periods.