DUBAI, UNITED ARAB EMIRATES – Media OutReach – September 5, 2023 – Bybit, the third most traded crypto exchange in the world, is once again collaborating with permissionless and decentralized trading platform ApeX Pro to open the door to users’ new smart liquidity pool (SLP). Opening ApeX Pro can easily generate an attractive real return on USD-pegged stablecoin USDC.
The SLP offers users the opportunity to become professional market makers and earn profits with a high risk-return ratio. The pool market making strategy automatically places buy and sell orders to make profits from bid-ask spreads. The profits are shared among the pool subscribers, giving liquidity providers an attractive passive income.
Bybit users can access ApeX Pro directly from their Bybit account without having to set up a decentralized wallet and navigate blockchains directly, and they can access the product with as little as 10 USDC. The total size of the SLP will grow from $500,000 to $2,000,000 million over the course of the first month, allowing more users to benefit from this passive revenue stream as the pool cap continues to grow in the coming months.
Another important advantage of the SLP is its ability to cushion temporary losses, a common problem in traditional liquidity provision. Unlike other liquidity strategies where users only earn fees when trades are within a certain range, the SLP offers continuous earning opportunities thanks to careful monitoring of user positions and adjustment to market conditions.
“ApeX Pro continues to pioneer innovation in the DeFi space with the launch of the Smart Liquidity Pool,” said Ben Zhou, co-founder and CEO of Bybit. “We’re proud to offer Bybit users direct access to the next level of opportunity in decentralized finance right from their Bybit account.”
Hashtag: #Bybit #TheCryptoArk
The publisher is solely responsible for the content of this release.
bybit
Bybit is one of the top five cryptocurrency exchanges founded in 2018, offering a professional platform where crypto investors and traders will find an ultra-fast matching engine, 24/7 customer service and multilingual community support. Bybit is a proud partner of the reigning Formula 1 Constructors’ and Drivers’ Champion: the Oracle Red Bull Racing team.
For media inquiries please contact: [email protected]
For more information, please visit: 
https://www.bybit.com
For updates please follow: 
Bybits Communities and Social Media
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.