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Redefining Ethereum Staking: Bybit Launches cmETH with Exclusive Bonus Rewards

Business

Redefining Ethereum Staking: Bybit Launches cmETH with Exclusive Bonus Rewards
Business

Business

Redefining Ethereum Staking: Bybit Launches cmETH with Exclusive Bonus Rewards

2025-01-27 20:00 Last Updated At:20:15

DUBAI, UAE, Jan. 27, 2025 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has introduced cmETH to its platform, unlocking a new era of Ethereum staking opportunities. To celebrate this launch, Bybit is offering users an additional 6% APR on their ETH holdings for a limited time when minting and holding cmETH through its On-Chain Earn service.

What Is cmETH?
cmETH is a Liquid Restaking Token (LRT) introduced by Mantle Network through the mETH Protocol. Designed to maximize efficiency and rewards, cmETH allows users to stack additional restaking yields on top of Ethereum's native Proof-of-Stake rewards.

Key Features of cmETH on Bybit

  • Extra 6% APR for Staking Through Bybit On-Chain Earn, users can enjoy a bonus 6% APR when they mint and hold cmETH during the promotional period—one of the most competitive offerings in the market.
  • Use cmETH as Collateral With an 80% Collateral Value Ratio (CVR), cmETH holders can leverage their staked assets for liquidity without sacrificing rewards.
  • Effortless Conversions Bybit Convert enables fee-free swaps between ETH, stETH, mETH, and cmETH. This fast and flexible feature ensures users can manage their holdings with ease.

Joan Han, Sales and Marketing Director at Bybit, highlighted the importance of this milestone: "cmETH is a transformative addition for Ethereum staking. By integrating this innovative token, we're giving our users the tools to achieve greater rewards while maintaining access to their funds. It's about creating opportunities that are simple, flexible, and rewarding."

Simplified Staking, Daily Rewards
Bybit's seamless process lets users mint cmETH with just one click. Rewards are distributed daily to their Funding Accounts, making the entire staking experience straightforward and rewarding.

Hourly snapshots of cmETH balances determine eligibility for the 6% bonus APR, capped at a total of 50,000 cmETH. Rewards are credited daily to users' accounts, ensuring transparency and timely payouts.

The introduction of cmETH underscores Bybit's commitment to advancing DeFi accessibility and user empowerment. This launch offers not only better rewards but also greater flexibility, reflecting Bybit's dedication to simplifying crypto finance while delivering unparalleled value.

#Bybit / #TheCryptoArk

About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com

For updates, please follow: Bybit's Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

DUBAI, UAE, Jan. 27, 2025 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has introduced cmETH to its platform, unlocking a new era of Ethereum staking opportunities. To celebrate this launch, Bybit is offering users an additional 6% APR on their ETH holdings for a limited time when minting and holding cmETH through its On-Chain Earn service.

What Is cmETH?
cmETH is a Liquid Restaking Token (LRT) introduced by Mantle Network through the mETH Protocol. Designed to maximize efficiency and rewards, cmETH allows users to stack additional restaking yields on top of Ethereum's native Proof-of-Stake rewards.

Key Features of cmETH on Bybit

  • Extra 6% APR for Staking Through Bybit On-Chain Earn, users can enjoy a bonus 6% APR when they mint and hold cmETH during the promotional period—one of the most competitive offerings in the market.
  • Use cmETH as Collateral With an 80% Collateral Value Ratio (CVR), cmETH holders can leverage their staked assets for liquidity without sacrificing rewards.
  • Effortless Conversions Bybit Convert enables fee-free swaps between ETH, stETH, mETH, and cmETH. This fast and flexible feature ensures users can manage their holdings with ease.

Joan Han, Sales and Marketing Director at Bybit, highlighted the importance of this milestone: "cmETH is a transformative addition for Ethereum staking. By integrating this innovative token, we're giving our users the tools to achieve greater rewards while maintaining access to their funds. It's about creating opportunities that are simple, flexible, and rewarding."

Simplified Staking, Daily Rewards
Bybit's seamless process lets users mint cmETH with just one click. Rewards are distributed daily to their Funding Accounts, making the entire staking experience straightforward and rewarding.

Hourly snapshots of cmETH balances determine eligibility for the 6% bonus APR, capped at a total of 50,000 cmETH. Rewards are credited daily to users' accounts, ensuring transparency and timely payouts.

The introduction of cmETH underscores Bybit's commitment to advancing DeFi accessibility and user empowerment. This launch offers not only better rewards but also greater flexibility, reflecting Bybit's dedication to simplifying crypto finance while delivering unparalleled value.

#Bybit / #TheCryptoArk

About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com

For updates, please follow: Bybit's Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Redefining Ethereum Staking: Bybit Launches cmETH with Exclusive Bonus Rewards

Redefining Ethereum Staking: Bybit Launches cmETH with Exclusive Bonus Rewards

All top five domestic destinations experienced positive growth in accommodation searches compared to previous year

SINGAPORE, Jan. 5, 2026 /PRNewswire/ -- Malaysian travelers are increasingly eyeing domestic destinations for December travel, reveals digital travel platform Agoda. The insight is based on accommodation searches made on the platform between September and November for stays during the holiday month 2025. The five most popular domestic destinations all recorded a higher number of searches compared to previous year, highlighting a growing interest for local trips during the year-end holiday period 2025.

Kuala Lumpur tops the list of domestic searches. Penang came in second, followed by Malacca, Kota Kinabalu, and Johor Bahru. All domestic destinations noted a double-digit increase in accommodation searches, with Kuala Lumpur noting the highest year-on-year increase with 18% more interest, indicating the strong appeal of trips close to home.

For Malaysian travelers looking abroad, Hat Yai, Bangkok, and Tokyo hold the top three ranks as most searched destinations, followed by Singapore and Phuket. The highest year-on-year increase in accommodation searches was noted by Krabi, Thailand (35%). South Korea's capital Seoul followed closely, with 33%.

Fabian Teja, Country Director Malaysia and Brunei at Agoda said, "The increasing enthusiasm among Malaysians for domestic travel is great to witness, considering the variety of incredible destinations right here at home. At the same time, the rising interest in destinations like Seoul and Krabi highlights the dynamic and diverse interest among Malaysian travelers. Whether they are planning a cozy getaway closer to home or getting ready for an exciting adventure abroad, Agoda is committed to offering great value deals to Malaysian travelers."

With over 130,000 flight routes, more than 6 million holiday properties, and over 300,000 activities, Agoda offers flexible options and deals to help travelers discover destinations that suit their plans and preferences. Discover the best deals on Agoda's mobile app and visit Agoda.com to plan the perfect year-end trips.

-- ENDS –

All top five domestic destinations experienced positive growth in accommodation searches compared to previous year

SINGAPORE, Jan. 5, 2026 /PRNewswire/ -- Malaysian travelers are increasingly eyeing domestic destinations for December travel, reveals digital travel platform Agoda. The insight is based on accommodation searches made on the platform between September and November for stays during the holiday month 2025. The five most popular domestic destinations all recorded a higher number of searches compared to previous year, highlighting a growing interest for local trips during the year-end holiday period 2025.

Kuala Lumpur tops the list of domestic searches. Penang came in second, followed by Malacca, Kota Kinabalu, and Johor Bahru. All domestic destinations noted a double-digit increase in accommodation searches, with Kuala Lumpur noting the highest year-on-year increase with 18% more interest, indicating the strong appeal of trips close to home.

For Malaysian travelers looking abroad, Hat Yai, Bangkok, and Tokyo hold the top three ranks as most searched destinations, followed by Singapore and Phuket. The highest year-on-year increase in accommodation searches was noted by Krabi, Thailand (35%). South Korea's capital Seoul followed closely, with 33%.

Fabian Teja, Country Director Malaysia and Brunei at Agoda said, "The increasing enthusiasm among Malaysians for domestic travel is great to witness, considering the variety of incredible destinations right here at home. At the same time, the rising interest in destinations like Seoul and Krabi highlights the dynamic and diverse interest among Malaysian travelers. Whether they are planning a cozy getaway closer to home or getting ready for an exciting adventure abroad, Agoda is committed to offering great value deals to Malaysian travelers."

With over 130,000 flight routes, more than 6 million holiday properties, and over 300,000 activities, Agoda offers flexible options and deals to help travelers discover destinations that suit their plans and preferences. Discover the best deals on Agoda's mobile app and visit Agoda.com to plan the perfect year-end trips.

-- ENDS –

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Agoda Reveals Growing Interest for Year-End Domestic Travel with Kuala Lumpur at the Forefront in 2025

Agoda Reveals Growing Interest for Year-End Domestic Travel with Kuala Lumpur at the Forefront in 2025

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