Bybit has launched a new BTC staking campaign through its Web3 platform, offering users fresh incentives to explore decentralized finance (DeFi) rewards.
The initiative, which runs from April 11 to May 9, is powered by a partnership with Lombard Finance—the team behind LBTC, the leading liquid staked BTC token.
Through this campaign, eligible Bybit Web3 Seed Phrase Wallet users can stake their BTC directly from within the wallet and earn up to 5% annual percentage yield (APY). In addition to staking rewards, participants can unlock exclusive bonuses, including 6X Lombard LUX, 1X $BABY, and 6X Veda Points, incentivizing greater engagement across the Lombard, Babylon, and Veda ecosystems.
LBTC is gaining traction in the DeFi sector, with over 21,000 tokens issued and more than 60% actively used for various activities across six blockchains. It allows BTC holders to retain value while accessing yield opportunities in DeFi protocols. Bybit has integrated the LBTC SDK into its Web3 infrastructure, eliminating technical barriers and enabling easy staking of BTC for real yields. When BTC is deposited into Lombard’s DeFi Vault, users receive LBTCv directly in their Ethereum wallet, and they can track performance and rewards through the Bybit Web3 pool page.
“This marks a shift from passive BTC holding to active earning,”
said Emily Bao, Head of Bybit Web3, highlighting the significance of bringing BTC into DeFi with minimal friction. Echoing this sentiment, Lombard Co-Founder Jacob Phillips noted,
“BTC’s role is evolving. It’s no longer just a store of value—it’s becoming a powerful yield-generating asset.”
In tandem with the staking campaign, Bybit has introduced a new automated risk management tool called Equity Trailing Stop, aimed at helping traders secure profits and limit losses. This feature works with various trading bots, such as Copy Trading Classic and Futures Grid. Traders can set a trailing stop percentage between 5% and 99%, allowing the system to monitor their highest balance and protect their capital based on market conditions.
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