Bybit Boosts BTC Staking Yield to 1.2% APR via Function Partnership
A 50% increase in guaranteed annual returns for Bitcoin holders arrives as Bybit updates its On-Chain Earn vault. Through a new partnership with the protocol Function, the exchange has raised its evergreen staking yield from 0.8% to 1.2%, targeting long-term investors navigating a period of price consolidation.
The upgraded product arrives while Bitcoin trades near the $80,000 mark, following a recovery from August lows of $62,600. Bybit’s solution offers a fixed 45-day term, distancing itself from the volatility typical of variable-rate DeFi products. Subscribers face a 200 BTC cap, with the platform allowing participants to roll principal and interest into subsequent cycles automatically upon maturity.
This move deepens Bybit's integration with the intersection of decentralized and traditional finance. By providing a guaranteed return rather than a fluctuating market yield, the exchange aims to incentivize holders to move idle assets into a predictable, fixed-term vehicle. The updated vault is available immediately, though the 45-day commitment period prevents early redemption for those seeking liquidity.
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