BlockBeats News, September 5th, according to official sources, bbSOL officially launched its first anniversary. In celebration, the cryptocurrency exchange platform Bybit and Byreal announced a series of bbSOL anniversary events, including the Bybit Puzzle Hunt with a prize pool of 200,000 USDT, Byreal liquidity rewards, bbSOL meme creation contest, and more.
Bybit Staked SOL (bbSOL) is a staking token supported by the Bybit trading platform, representing staked SOL. It enables users to stake SOL, earning ongoing rewards while maintaining flexibility to transact, borrow, and earn yields across Solana DeFi protocols and the Bybit ecosystem. Currently, bbSOL's Total Value Locked (TVL) has exceeded $400 million, with a total of 2 million SOL staked, ranking it in the Top 10 of the Solana ecosystem.