Bybit Lists DoubleZero (2Z) Token, Launches 5.5M 2Z Promotion

Bybit, recognized as the world’s second-largest cryptocurrency exchange by trading volume, has announced the listing of DoubleZero (2Z), a token that supports a specialized low-latency networking layer. This infrastructure is currently utilized by over 300 blockchain validators globally. The listing allows for trading of 2Z against both USDT and USDC, offering Bybit users access to an infrastructure-based asset aimed at enhancing block propagation, validator fairness, and overall network reliability across distributed systems. The announcement was made here.

DoubleZero adopts a physical approach to blockchain scaling. Unlike traditional methods that rely solely on software improvements, it operates a permissionless fiber network. This network routes data directly between nodes through independently managed links, enabling faster packet transmission compared to conventional internet pathways. This method reduces consensus delays and enhances performance for validators across diverse geographies.

Deposits for 2Z opened on October 2, with trading for the 2Z/USDT pair commencing at 1:00 p.m. UTC, followed by the 2Z/USDC pair at 1:30 p.m. Withdrawals are set to open on October 3 at 10:00 a.m. UTC.

Bybit’s 5.5 Million 2Z Token Promotion

To mark the listing, Bybit has initiated a 5.5 million 2Z “Token Splash” promotion, targeting both new and existing users. A total of 2,000,000 2Z has been allocated to first-time depositors between October 2 and October 10. The first 5,000 participants who meet the qualifying thresholds—either by depositing 2,000 2Z or by depositing and trading the equivalent of 100 USDT—will each receive 400 2Z.

An additional 3,500,000 2Z is reserved for users who meet trading-based eligibility criteria. Between October 2 at 1:00 p.m. UTC and October 10 at 11:00 a.m. UTC, any user who achieves a cumulative total of 500 USDT or more in 2Z spot trading volume will qualify for proportional rewards, with payouts capped at 1,800 2Z per participant.

Infrastructure-Backed Tokens and Blockchain Scalability

The listing of 2Z underscores Bybit’s ongoing focus on onboarding tokens that are backed by real-world infrastructure usage. As blockchain networks continue to expand, performance improvements at the physical transport layer are becoming increasingly relevant to both institutional and retail participants. DoubleZero’s approach to network acceleration exemplifies how hardware-aligned protocols are beginning to play a foundational role in blockchain scalability.

Why This Matters: Impact, Industry Trends & Expert Insights

Bybit has announced the listing of DoubleZero (2Z), a token that supports a specialized low-latency networking layer, enhancing blockchain performance through infrastructure-backed solutions.

Recent industry reports indicate that interoperability and physical infrastructure improvements are key trends in blockchain technology. DoubleZero’s approach to network acceleration, which involves a physical fiber network for efficient data routing, aligns with these trends, enhancing performance and scalability.

Expert insights from industry analysis emphasize the importance of balancing scalability, security, and decentralization in blockchain scaling methods. This supports the significance of DoubleZero’s listing, as it integrates infrastructure-backed scalability solutions that are increasingly influential in the market.

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