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

Odaily News Users of the cryptocurrency exchange Bybit can now access its on-chain coin earning and Bybit savings products through an API. 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 returns more efficiently, automatically and scalably, and generate strategies efficiently. Bybit’s on-chain earning product is designed to help users participate in on-chain financial opportunities (such as staking and liquidity protocols), providing users with a DeFi-like experience while interacting with smart contracts on the public chain without complex technical operations.
Key features:
- Overview of currently available on-chain coin earning products, with support for filtering by token and product category (LST, non-LST or Mint).
- Detailed product data, including estimated annualized yield (APY), staking terms, redemption timelines, minimum and maximum limits, exchange rates, and reward distribution mechanisms.
-Historical and real-time tracking of pledges and redemptions.
- Summary of current positions and accumulated rewards.
- Programmatic revenue product access for each support mechanism, supporting subscriptions and redemptions.