Bybit officially launches Alpha Farm, with the annualized yield of the gold asset pool reaching 26.2%

Bybit Alpha has officially launched Alpha Farm, becoming the industry's first platform to integrate on-chain trading and liquidity mining within a centralized exchange. Now, Bybit Alpha users can earn real on-chain returns with just one click, without the need for a wallet or paying Gas fees.

Bybit Alpha Farm adopts a Concentrated Liquidity Market Maker (CLMM) model, providing users with a more user-friendly interface and more stable returns for on-chain mining. This model allows liquidity providers to concentrate their funds within a custom price range and distribute on-chain trading fee earnings based on the proportion of liquidity provided within that range. The XAUt0--USDT on-chain liquidity pool is provided by Byreal. Bybit Alpha users can directly participate in Byreal's liquidity pool mining using their exchange account balance, with all earnings coming from Byreal's on-chain real trading fees, which are transparent and verifiable.