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Byreal On-Chain Trading Heats Up Amidst Volatile Gold Prices, Bybit Alpha Farm Yield Rises
Summary: According to reports, on December 29th, international gold prices experienced a significant reversal, with a single-day decline of over 4%. Driven by the intense price fluctuations, trading activity on the Byreal on-chain gold platform significantly increased, with a daily trading volume reaching $1.22 million. The increased trading volume directly boosted liquidity mining yields, with the ...
According to reports, on December 29th, international gold prices experienced a significant reversal, with a single-day decline of over 4%. Driven by the intense price fluctuations, trading activity on the Byreal on-chain gold platform significantly increased, with a daily trading volume reaching $1.22 million. The increased trading volume directly boosted liquidity mining yields, with the highest Annual Percentage Rate (APR) reaching 155%. Users can participate in liquidity mining with a single click on the Bybit platform's Alpha Farm, without the need to create a wallet or use Gas tokens, to earn on-chain transaction fee rewards. Additionally, Bybit is currently conducting a one-month Farm staking activity, where users can share a reward pool of 300,000 USDT. Users can trade with over 500 tokens to instantly exchange for XAUT, or buy gold tokens directly through spot trading. They can also utilize the Dollar-Cost Averaging (DCA) Bot investment strategy to gradually reduce long-term holding costs during price pullbacks.
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Link: Byreal On-Chain Trading Heats Up Amidst Volatile Gold Prices, Bybit Alpha Farm Yield Rises [Copy]
