Bybit Alpha launches its first Token Splash, trading XAUt0 to share a 100,000 USDT prize pool

PANews reported on October 27th that the first Token Splash since the Bybit Alpha upgrade went live at 20:00 (UTC+8) today. Successful participants will share in the 100,000 USDT XAUt0 Bybit Alpha Token Splash prize pool.

As the blockchain ecosystem expands, cross-chain transfers of XAUT (Tether Gold) remain fragmented, relying on inconsistent bridging solutions, fragmented liquidity, and opaque backend processes, limiting its usability and reach. XAUt0 offers a new solution, leveraging LayerZero's Omnichain Fungible Token (OFT) standard to bring seamless interoperability to XAUT, enabling unified cross-chain transfers without changing the underlying assets.

Bybit Alpha provides users with a seamless on-chain trading experience. Users can directly use the balance of the Unified Trading Account (UTA) to trade, easily achieving the operational convenience of spot trading level.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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