KEY TAKEAWAYS
- Bybit will list YieldBasis (YB) on its Spot trading platform, expanding its cryptocurrency offerings.
- YB deposits open on October 14, 2025, with trading starting on October 15, 2025, and withdrawals available from October 16, 2025.
- YieldBasis is a DeFi protocol using a 2× compounding leverage mechanism to prevent impermanent loss in AMM pools.
- Bybit warns of significant risks in cryptocurrency trading and advises traders to understand these risks fully.
Bybit has announced the upcoming listing of YieldBasis (YB) on its Spot trading platform. The new listing will include the trading pair YB/USDT and will be available in the Main Trading Zone. This development is part of Bybit’s ongoing efforts to expand its cryptocurrency offerings.
The listing timeline is as follows: YB deposits will open on October 14, 2025, at 10:00 AM UTC. The official listing of YB will occur on October 15, 2025, at 11:00 AM UTC. Withdrawals for YB will be available starting October 16, 2025, at 10:00 AM UTC. All deposits and withdrawals will be conducted via the Ethereum network.
Understanding YieldBasis (YB)
YieldBasis is a decentralized finance (DeFi) protocol designed to allow users to provide liquidity to automated market maker (AMM) pools without facing impermanent loss. This is achieved through a 2× compounding leverage mechanism built on Curve Finance’s infrastructure. Users can deposit crypto assets and receive YieldBasis LP tokens, which represent their share in the liquidity pool.
The asset, YieldBasis, is identified by the ticker YB and operates under the Ethereum contract address 0x01791f726b4103694969820be083196cc7c045ff. More details about YieldBasis can be found on its official website and whitepaper.
Trading and Risk Considerations
In addition to spot trading, YB will also be available for trades via Spot Grid Bots upon its listing. This feature allows traders to automate their trading strategies based on predefined parameters.
Bybit has issued a risk warning, emphasizing that cryptocurrency trading involves significant risk and may result in the loss of invested capital. Traders are advised to fully understand the risks involved, consider their level of experience and investment objectives, and seek independent financial advice if necessary. Bybit disclaims any liability for losses resulting from trading on its platform.
For more information, the official announcement can be found here.
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