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Bybit Staked SOL BBSOL
BBSOL
160.39
$
1.85 %
Change 24h
Market Cap
$ 211,550,220
Volume 24h
$ 7,639,184
Circulating Supply
1,319,600
Total Supply
37,840
BBSOL
$
Description
BybitSOL is Bybit's gateway into the Solana DeFi ecosystem, giving users multiple options to earn from multiple off and on-chain yield sources.
Key Takeaways:
bbSOL allows users to earn staking rewards on Solana while retaining liquidity, making it a versatile tool in the realm of DeFi.
Bybit's liquid staking protocol automatically reflects rewards in bbSOL's value, enabling seamless participation in DeFi activities without manual intervention.
Despite potential risks, such as slashing and value fluctuations, bbSOL's security, fee structure and multiple use cases make it a strong option for maximizing crypto assets.