Bybit launches API to seamlessly connect on-chain coin earning and savings services

CoinRank News: Cryptocurrency exchange Bybit now offers API access to its on-chain earning and Bybit savings products, with API expansion for other yield products also in the works. This new feature unlocks the ability for institutional users and developers to seamlessly connect to Bybit’s infrastructure, enabling them to manage yields more efficiently, automatically, and scalably, and to generate strategies efficiently. Bybit’s on-chain earning products are designed to help users participate in on-chain financial opportunities such as staking and liquidity protocols, providing users with a DeFi-like experience while interacting with smart contracts on public chains without the need for complex technical operations. Key features: - Overview of currently available on-chain earning products, with support for filtering by token and product category (LST, non-LST, or Mint). - Detailed product data, including estimated annualized yield (APY), staking terms, redemption timeline, minimum and maximum limits, exchange rates, and reward distribution mechanisms. - Historical and real-time tracking of staking and redemption. - Summary of current positions and accumulated rewards. - Access to programmatic yield products for each supported mechanism, with support for subscriptions and redemptions.