Bybit launches API to seamlessly connect on-chain coin earning and savings services

Odaily Planet Daily News Cryptocurrency exchange Bybit users can now access its on-chain coin earning and Bybit savings products through APIs. In addition, API expansion of other income products is also underway. This new feature unlocks the ability for institutional users and developers to seamlessly connect to Bybit's infrastructure, enabling them to manage income more efficiently, automatically and scalably, and generate strategies efficiently. Bybit's on-chain coin earning products are designed to help users participate in on-chain financial opportunities (such as staking and liquidity protocols, etc.), providing users with a DeFi-like experience while interacting with smart contracts on the public chain without complex technical operations. Main features: - An overview of currently available on-chain coin earning products, supporting filtering by token and product category (LST, non-LST or Mint). - Detailed product data, including estimated annualized yield (APY), staking terms, redemption timeline, minimum and maximum limits, exchange rate and reward distribution mechanism. - Historical and real-time staking and redemption tracking. - Summary of current positions and accumulated rewards. - Programmatic revenue product access for each support mechanism, supporting subscriptions and redemptions.