Yield
Bybit Earn
Bybit is one of the world's largest crypto exchanges and the second-biggest by derivatives trading volume. Founded by Ben Zhou in 2018, it now operates under a Dubai VASP license (VARA) granted in 2023 and has been registered as a…
Why this grade
- ✓ Regulation
Full UAE Virtual Asset Platform Operator License from the SCA (Oct 2025); also holds a provisional Dubai VARA license. Source →
- ✗ Proof-of-Reserves
Publishes annual Big Four audits, but no independent Merkle-tree PoR on the site. Latest audit: October 2025. Source →
- ✓ Flexible withdrawal
All Earn products are Flexible (withdraw any time). Locked products are tagged separately with higher rates. Source 1 → Source 2 →
- ✓ Insurance Fund
Insurance fund of $400M+, updated monthly, public report. Source →
- ✗ Track record (2+ years incident-free)
Operating since 2018. In February 2025 suffered the largest exchange hack in history — Lazarus Group (North Korea) stole ~$1.5B in ETH from its cold wallet. Bybit covered the shortfall within ~72 hours (bridge loans, >100% reserves re-verified) and users were kept whole. Source 1 → Source 2 →
Incidents we count
Known incidents
1- February 2025 Lazarus Group (North Korea) stole ~$1.5B in ETH from Bybit's cold wallet via a compromised Safe{Wallet} developer machine — the largest crypto exchange hack in history. Bybit covered all losses and made users whole. Source →
All Bybit Earn products
Yield products
as of Jul 17, 2026What would Bybit Earn pay you?
How much will you earn?
Method: monthly compounding (1 + APR/12)ⁿ, where APR is the exchange's stated rate. The realized 12-month return is slightly higher due to reinvestment. Rates may change. Not financial advice.
How yields have moved
Source: daily snapshots via exchange API · accumulating since YieldScope launch
Affiliate link · price for you doesn't change · we earn a commission from Bybit Earn
Bybit review: what this platform is
Bybit is one of the world's largest crypto exchanges and the second-biggest by derivatives trading volume. Founded by Ben Zhou in 2018, it now operates under a Dubai VASP license (VARA) granted in 2023 and has been registered as an MSB with FinCEN in the US since 2021. Bybit Earn is the exchange's savings arm: deposit products where you park crypto and collect interest on it.
The Earn lineup covers the basics: flexible savings products you can exit at any time, plus staking for popular coins — from the USDT and USDC stablecoins to BTC, ETH, SOL, and TON. The barrier to entry is low: you can start with as little as $10. Support is available in six languages, including English, Russian, and Chinese.
Under the YieldScope methodology, the platform passes three of our five criteria. On the plus side: regulation, flexible withdrawals, and a public insurance fund of $400M+ that's updated monthly. On the minus side: no independent Merkle-tree proof-of-reserves (only annual Big Four audits, the latest from October 2025) and a spotty operational record — in March 2023, BTC withdrawals were halted for 12 hours.
One important caveat: Bybit is unavailable to users in the US, UK, Canada, the Netherlands, and Singapore. And as always — this is a review, not investment advice. Rates are variable and change daily, so treat the numbers on this page as a snapshot as of the update date.
How Earn works on Bybit
The core of the Bybit Earn lineup is flexible savings: you deposit coins, interest accrues, and you can withdraw at any time with no penalty. The second format is staking: for coins like ETH, SOL, TON, ATOM, and DOT, the yield comes from network rewards, with the exchange acting as an intermediary. There are also locked products with fixed terms — they're tagged separately and usually pay higher rates, in exchange for tying up your funds.
Where does the yield come from? For staking, it's blockchain rewards. For flexible products, it's lending to traders and the exchange's internal programs. Rates on new and thinly traded tokens are often subsidized for promotion — so triple-digit APYs on fresh listings are marketing campaigns with caps, not sustainable income.
The key thing to understand: rates are variable and change daily. Today's 4.5% on USDT could be different tomorrow — in either direction. A high APY almost always means either a capped accrual limit or a volatile token whose price swings can wipe out the entire yield.
How to start on Bybit, step by step
- 01Sign up on Bybit with your email or phone number and enable two-factor authentication
- 02Complete KYC verification — without it, access to Earn products and withdrawals is limited
- 03Fund your account: transfer crypto from another wallet or buy with fiat (minimum from $10)
- 04Open the Earn section, pick a coin and a product — flexible savings or staking — and check the accrual terms
- 05Subscribe to the product and confirm that interest has started accruing
- 06Check the rate periodically: it's variable and changes daily, especially on promotional offers
Should you park money here?
- +Regulated: Dubai VASP license (VARA) since 2023 and FinCEN MSB registration since 2021
- +All Earn products are flexible — withdraw your funds at any time with no penalty
- +Public insurance fund of $400M+ with a monthly updated report
- +Low barrier to entry — start with as little as $10
- +Wide selection: over 150 coins, from stablecoins to ETH, SOL, and TON staking
- +Support in six languages, including English, Russian, and Chinese
- −No independent Merkle-tree proof-of-reserves — only annual Big Four audits (latest: October 2025)
- −A blemished track record: in March 2023, BTC withdrawals were halted for 12 hours due to a technical issue
- −Unavailable in the US, UK, Canada, the Netherlands, and Singapore
- −Base rates on BTC and major altcoins are modest — high APYs are mostly found on new, volatile tokens
- −It's a centralized exchange: your funds are held by the platform, not in your own wallet
Compare Bybit Earn with others
Asset-by-asset rates and risk grades