DeFi tokens performance in 2023 and new concepts in 2024
DeFi tokens performance in 2023 and new concepts in 2024
In 2023, DeFi had a successful year with $INJ emerging as the top token. A new concept called DePIN, which stands for decentralised physical infrastructure network, is emerging in 2024. For more insights, check out Bybit Research.
DeFi had a great run in 2023, with $INJ emerging as Top 1 token 馃敟 @Injective_ As 2024 rolls out, there are new concepts emerging such as DePIN鈥攄ecentralised physical infrastructure network. Read more about our Bybit Research insights: i.bybit.com/1abdoewU
Fed Meeting and Big Tech Earnings Could Drive Major Market Moves
This week presents significant trading opportunities driven by two major catalysts: **Key Events:** - Federal Reserve policy meeting - Big Tech earnings season covering $11.7 trillion in market cap **Market Impact:** These events could trigger substantial price movements across multiple asset classes. Bybit Learn has identified three specific assets positioned for potentially large swings based on these catalysts. **Trading Context:** The combination of monetary policy decisions and tech sector earnings typically creates heightened volatility, offering both opportunities and risks for active traders across forex, stocks, and crypto markets.
馃殌 Bybit Launches CXMT Stock Perpetual
Bybit has launched a new stock perpetual contract for $CXMTUSDT with up to 20x leverage. **Key Details:** - Trading pair: $CXMTUSDT - Maximum leverage: 20x - Available now on Bybit This listing continues Bybit's expansion of stock perpetual offerings, following recent additions of multiple stock contracts including AAL, CRM, GS, and various other traditional equity instruments. [Trade $CXMT](https://i.bybit.com/1SyabkI8)
馃悑 Dual Asset Trading Competition Season 6 Launches with Whale Bonus Mechanism
**Dual Asset Trading Competition Season 6** is now live with a new whale bonus feature. **Key Updates:** - New **Whale Bonus Mechanism** introduced for high-volume traders - Top 10 traders who reach the Whale Threshold earn an additional **80 USDT** for every full 1M USDT in eligible trading volume above the threshold - Builds on Season 5's success, which featured a 10,000+ USDT prize pool **How It Works:** - Rank in the **Top 10** on the leaderboard - Reach the designated Whale Threshold - Earn bonus rewards based on your trading volume This competition allows traders to earn from both Dual Asset products and leaderboard bonus rewards simultaneously.
Bybit Launches Tokenized U.S. Stocks with Yield-Earning Feature
Bybit has introduced tokenized U.S. stocks to its Dual Asset product, allowing users to set target buy or sell prices while earning yield during the waiting period. **Available tokenized stocks include:** - SPCXX (SpaceX) - NVDAX (NVIDIA) - AAPLX (Apple) - GOOGLX (Google) - COINX (Coinbase) - AMZNX (Amazon) The platform positions this as an industry first, combining traditional stock exposure with crypto-native yield generation mechanisms.
Bybit Launches Automated Trading Bots for Tokenized Traditional Stocks
Bybit has introduced automated trading capabilities for tokenized traditional finance assets through its Futures Bots platform. **Key Features:** - Automated strategy execution on perpetual futures contracts - Available assets include tokenized versions of major companies: - Tesla (TSLAUSDT) - Google (GOOGLUSDT) - Amazon (AMZNUSDT) This follows a similar move by Binance in February 2026, which added TradFi perpetuals for Amazon, MicroStrategy, Palantir, Circle, and Coinbase. The integration allows traders to apply algorithmic trading strategies to traditional equity exposure within the crypto derivatives ecosystem.