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DUBAI, UAE, Feb. 2, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is thrilled to announce a new gold and silver trading campaign timed with sustained interest in precious metals markets and growing demand for digital asset exposure to real-world assets.
Running through April 30, 2026, the initiative enables eligible users to trade a broad suite of gold- and silver-related instruments on the Bybit platform using a single USDT account. Supported products include spot trading of XAUT/USDT, futures trading of XAUTUSDT and PAXGUSDT, the XAUT0 Alpha product, and a selection of traditional financial instruments such as XAUUSD, XAUEUR, XAUJPY+, XAUAUD+, XAGUSD, and XAGAUD. The campaign underscores Bybit's continued strategy of bridging digital asset markets with established commodities markets through a unified, capital-efficient trading experience.
XAUT, also known as Tether Gold, is a tokenized representation of physical gold issued by Tether and backed one-to-one by fine gold held in secure vaults. The token enables 24/7 tradability and fractional ownership of gold without the logistical challenges of physical bullion. Bybit has emerged as a leading venue for XAUT trading, reflecting growing demand for tokenized gold products amid renewed interest in safe-haven assets. Recent updates on Bybit include support for XAUT deposits and withdrawals on the Mantle network, expanding cross-chain access and reducing transaction costs for users engaging with tokenized gold.
In addition to trading, the campaign provides yield opportunities for holders of gold tokens through Bybit's Easy Earn suite of products. Bybit supports XAUT Flexible Easy Earn with annualized yields of up to 11% APR, allowing users to earn returns on idle XAUT holdings while maintaining flexibility.
As part of the limited-time event, users from eligible jurisdictions who complete at least one trade in any of the supported gold- or silver-related assets during the campaign period may qualify for a chance to receive up to 2,000 USDT in airdrop rewards. Distribution of rewards is subject to risk control review and other eligibility requirements.
Bybit continues to serve a global community of digital asset traders and investors with a diversified product suite. In addition to precious metals-related offerings, the platform supports hundreds of trading pairs across spot, derivatives, margin, and real-world asset products, and continues to expand access to tokenized assets alongside traditional cryptocurrencies.
Bybit remains committed to delivering innovative, compliant, and user-centric trading solutions that connect digital assets with global financial markets.
Disclaimer: Participation is subject to terms and conditions. Certain products and services may not be available in specific jurisdictions, and zero-fee trading pairs are excluded from task statistics. Users must complete required identity verification levels and comply with Bybit's Terms of Service. Participants from restricted countries and regions, including those in the European Economic Area, are not eligible to take part in the campaign.
#Bybit / #CryptoArk
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 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, Feb. 2, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is thrilled to announce a new gold and silver trading campaign timed with sustained interest in precious metals markets and growing demand for digital asset exposure to real-world assets.
Running through April 30, 2026, the initiative enables eligible users to trade a broad suite of gold- and silver-related instruments on the Bybit platform using a single USDT account. Supported products include spot trading of XAUT/USDT, futures trading of XAUTUSDT and PAXGUSDT, the XAUT0 Alpha product, and a selection of traditional financial instruments such as XAUUSD, XAUEUR, XAUJPY+, XAUAUD+, XAGUSD, and XAGAUD. The campaign underscores Bybit's continued strategy of bridging digital asset markets with established commodities markets through a unified, capital-efficient trading experience.
XAUT, also known as Tether Gold, is a tokenized representation of physical gold issued by Tether and backed one-to-one by fine gold held in secure vaults. The token enables 24/7 tradability and fractional ownership of gold without the logistical challenges of physical bullion. Bybit has emerged as a leading venue for XAUT trading, reflecting growing demand for tokenized gold products amid renewed interest in safe-haven assets. Recent updates on Bybit include support for XAUT deposits and withdrawals on the Mantle network, expanding cross-chain access and reducing transaction costs for users engaging with tokenized gold.
In addition to trading, the campaign provides yield opportunities for holders of gold tokens through Bybit's Easy Earn suite of products. Bybit supports XAUT Flexible Easy Earn with annualized yields of up to 11% APR, allowing users to earn returns on idle XAUT holdings while maintaining flexibility.
As part of the limited-time event, users from eligible jurisdictions who complete at least one trade in any of the supported gold- or silver-related assets during the campaign period may qualify for a chance to receive up to 2,000 USDT in airdrop rewards. Distribution of rewards is subject to risk control review and other eligibility requirements.
Bybit continues to serve a global community of digital asset traders and investors with a diversified product suite. In addition to precious metals-related offerings, the platform supports hundreds of trading pairs across spot, derivatives, margin, and real-world asset products, and continues to expand access to tokenized assets alongside traditional cryptocurrencies.
Bybit remains committed to delivering innovative, compliant, and user-centric trading solutions that connect digital assets with global financial markets.
Disclaimer: Participation is subject to terms and conditions. Certain products and services may not be available in specific jurisdictions, and zero-fee trading pairs are excluded from task statistics. Users must complete required identity verification levels and comply with Bybit's Terms of Service. Participants from restricted countries and regions, including those in the European Economic Area, are not eligible to take part in the campaign.
#Bybit / #CryptoArk
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 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. **
Bybit Expands Precious Metals Trading as Gold and Silver Interest Rises
HANGZHOU, China, April 3, 2026 /PRNewswire/ -- A team led by principal investigators Bobo Dang and Ting Zhou at Westlake University/Westlake Laboratory reported in Science a high-throughput platform for engineering fast-acting covalent protein therapeutics. Their work, titled "A high-throughput selection system for fast-acting covalent protein drugs," opens new avenues for next-generation biologics.
Covalent small-molecule drugs have shown great success in cancer therapy by forming irreversible bonds with their targets. This has inspired efforts to extend covalent strategies to protein therapeutics, especially engineered miniproteins. However, their development is limited by a kinetic mismatch: Miniproteins are rapidly cleared in vivo, whereas covalent bond formation is typically slow. In addition, high-throughput platforms for systematically optimizing covalent protein reactivity have been lacking.
To address this challenge, the researchers proposed that precise spatial positioning of chemical warheads within protein scaffolds could enable molecular preorganization, thereby accelerating covalent bond formation without increasing intrinsic reactivity (Fig. 1).
Based on this concept, the team developed a high-throughput platform that combines yeast surface display with chemoselective protein modification to screen diverse crosslinkers and millions of protein variants. By optimizing warhead placement and the local chemical environment, the platform enables rapid and irreversible target engagement.
Using this platform, the researchers developed a covalent antagonist targeting PD-L1, termed IB101. Structural analysis revealed that IB101 forms a defined binding pocket that precisely positions the warhead in a reactive conformation, greatly accelerating covalent bond formation. Functionally, IB101 effectively blocks the PD-1/PD-L1 immune checkpoint pathway and demonstrates strong antitumor activity in mouse models. Notably, despite its short in vivo half-life, IB101 achieves durable target engagement and tumor suppression, outperforming conventional antibody-based therapies under comparable conditions.
The platform was further applied to cytokine engineering, leading to the development of a covalent IL-18 variant, IB201. This engineered cytokine rapidly forms a covalent interaction with its receptor, enhancing signaling strength and duration. In vivo studies showed that IB201 induces potent antitumor immune responses without detectable systemic toxicity. These results highlight the potential of covalent engineering to improve the efficacy and safety of cytokine-based therapies.
Beyond immunotherapy targets, the platform was also applied to develop a covalent inhibitor targeting the receptor-binding domain (RBD) of SARS-CoV-2. This molecule achieves durable viral neutralization, demonstrating the versatility of the approach across different therapeutic modalities.
This study establishes a general strategy for engineering fast-acting covalent protein therapeutics. By enabling covalent bond formation on timescales compatible with rapid in vivo clearance, the platform overcomes a fundamental limitation in the field.
These findings provide a new framework for designing biologics with both rapid kinetics and sustained target engagement, with broad implications for cancer immunotherapy, antiviral therapy, and beyond.
Media Contact:
Chi Zhang
media@westlake.edu.cn
+86-15659837873
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Fast-Acting Covalent Protein Drugs From a New High-Throughput Platform
