Bybit Connects Market Makers with Projects Through New Liquidity Program
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has unveiled a groundbreaking initiative, the Spot Liquidity Pairing Program. This program aims to connect high-quality market makers with cryptocurrency projects in need of improved liquidity, thereby enhancing the overall trading environment on the platform.
A New Era for Crypto Market Access
The Spot Liquidity Pairing Program provides a platform for liquidity providers to collaborate with Bybit, offering increased visibility and opportunities. A significant feature of this program is the designation of Premium Liquidity Providers, who will be prominently featured in Bybit’s recommendation list to projects. This enhanced visibility is expected to facilitate stronger partnerships and attract more collaboration opportunities.
For the month of July, Bybit has recognized the multiple Premium Market Makers. These include Amber Group, Auros, CyantArb, DWF Labs, Flow Traders, Pulsar Trading, and Raven. These market makers have shown exceptional performance and dedication to providing liquidity, making them crucial partners for projects seeking better market access and liquidity.
Eugene Cheung, Head of Institutions at Bybit, emphasized the significance of the new program, stating, “The Spot Liquidity Pairing Program is part of Bybit’s ongoing efforts to foster a robust trading environment and facilitate the growth of the digital asset ecosystem. By connecting quality market makers with promising projects, Bybit aims to enhance liquidity and provide a seamless trading experience for its users.”
Le Shi, Head of Trading at Auros, expressed enthusiasm about being recognized as a Premium Market Maker, saying, “We are thrilled to be recognized as a Premium Market Maker by Bybit. This acknowledgment underscores our commitment to providing top-tier liquidity solutions and aligns perfectly with our mission to support the growth and efficiency of the digital asset ecosystem. We look forward to continuing our collaboration with Bybit and contributing to a more seamless trading experience for all users.”
Bybit, established in 2018, now serves over 37 million users, distinguishing itself as a leading cryptocurrency exchange with its ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is also a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team.
The launch of the Spot Liquidity Pairing Program is a significant milestone in Bybit’s mission to enhance the digital asset trading experience. By fostering connections between top-tier market makers and emerging projects, Bybit aims to ensure a dynamic and liquid market for all participants, supporting the growth and efficiency of the crypto ecosystem.
