In this tutorial, we’ll explore how you can complete a series of tasks in Orochi Network for Bybit Web3 Airdrop Arcade.

In this tutorial, we’ll explore how you can complete Orochi Network tasks for Bybit Web3 Airdrop Arcade. 

Task 2: Quote Orochi Network's Post and Tag 3 Friends

: Navigate to Orochi Network’s pinned post on X.

: Quote the tweet with your thoughts, and tag 3 friends.

 button at the top right corner of the page.

: The Orochi ID window will pop up. You may choose to sign up for an Orochi ID using your Google account, GitHub or email address.

: Congratulations! You’ve successfully created your Orochi ID. 

Task 4: Join the Contribute to Earn Program

: Connect your Wallet, Google account and Discord to be eligible.

: Once you’ve successfully connected all accounts, you’ll have completed this task.

 all of the four tasks above for your chance to 

Beginner

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How to Complete Orochi Network Tasks for Bybit Web3 Airdrop Arcade

MegaETH is an EVM-compatible blockchain with real-time Web 2.0–level performance. Learn more about MegaETH.

 has long been a formidable challenge for the blockchain industry. Most established chains maintain decentralization and security, but struggle with limited scalability while high-performance 

 (L1) blockchains often compromise decentralization to achieve high throughput. 

What if we could push throughput to unprecedented levels without compromising security or decentralization? 

Enter MegaETH — a project backed by industry leaders such as Ethereum co-founder Vitalik Buterin, ConsenSys CEO Joseph Lubin and Dragonfly Capital. With the first real-time 

 (EVM)–compatible chain —i.e., one that can process transactions as soon as they arrive, and then publish the resulting state changes — MegaETH aims to redefine blockchain performance. In this article, we delve into the scaling limitations of current blockchains and examine how MegaETH aims to solve them. Let's dive in!

The blockchain trilemma has posed a significant challenge for 

 developers for years. As Ethereum co-founder Vitalik Buterin explains, distributed ledger networks can only achieve two out of three critical qualities (security, decentralization and scalability) by using simple techniques. 

As a result, most high-performance chains, such as Solana, Avalanche and BNB Chain, often compromise on decentralization or security to achieve scalability.

To address the scalability challenges of L1 networks, developers have introduced 

 (L2) solutions, which operate on top of blockchains such as Ethereum. These L2 chains achieve 

 (TPS) while leveraging the security and decentralization of their underlying L1s. However, according to MegaETH, both high-performance L1 and L2 networks fall short of meeting the demands of Web 2.0–scale applications, particularly in terms of 

As shown in the table above, the blockchain with the highest scalability, opBNB, achieves a gas rate of 100 MGas/s, equivalent to 650 Uniswap swaps or 3,700 

 transfers per second. In comparison, modern databases can 

 over 1 million TPC-C TPS. While Arbitrum One, the fastest chain listed, offers a block time of 0.25 seconds, this remains insufficient for applications requiring rapid feedback or high update rates. 

These limitations in both scalability and speed make current high-performance L1s and L2s ill-suited for Web 2.0 applications with significant computational demands.

 is an EVM-compatible blockchain with real-time Web 2.0–level performance. With the goal of bridging the gap between distributed ledger networks and traditional cloud computing servers, the project aims to push the performance of Ethereum-based L2s to hardware limits. As the first real-time blockchain, MegaETH can stream transactions at 100,000 TPS with transaction fees under $0.01, and provide millisecond-level responsiveness without sacrificing security or decentralization.

MegaLabs, the organization behind MegaETH, was founded in early 2023 by Shuyao Kong and Yilong Li. Holding an MBA from Harvard Business School, Kong has a background in business development within the blockchain industry. Prior to co-founding MegaLabs, she was the global head of business development at ConsenSys, where she continues to serve as an advisor.

As the Chief Executive Officer (CEO) of MegaLabs, Li has a PhD in computer science from Stanford University. An experienced software developer, he previously worked at Runtime Verification Inc., a firm specializing in software analysis tools and the application of formal methods to improve computing systems.

Together, Kong and Li founded MegaLabs in early 2023 to leverage their business development and computer science expertise to build MegaETH as the first real-time blockchain.

 $20 million of funding in a single seed round at a 9-figure valuation. The round was led by Dragonfly Capital, with other notable venture capitalists including Figment Capital, Folius Ventures, Robot Ventures, Big Brain Holdings, Tangent Ventures and Credibly Neutral. In addition to VCs, MegaETH is backed by high-profile angel investors, such as Ethereum co-founder Vitalik Buterin, ConsenSys CEO Joseph Lubin and EigenLayer creator Sreeram Kannan.

 on crypto trader Cobie’s decentralized fundraising platform, Echo. The round was fully funded within minutes and oversubscribed, showing significant investor demand.

MegaETH achieves over 100,000 TPS with less than 1 ms latency and block time, as well as transaction fees under $0.01, via two core features: a heterogenous blockchain architecture and a hyper-optimized EVM execution environment.

MegaETH's heterogeneous blockchain architecture enables network nodes with different hardware configurations to specialize in specific tasks to boost performance.

There are three types of nodes: sequencers, full nodes and provers. With cutting-edge hardware, a small set of sequencers conduct performance-critical tasks such as transaction execution. Simultaneously, a massively decentralized network of full nodes performs security-critical duties such as block validation. Provers have the lowest hardware requirements, and focus on providing L2 proofs to full nodes.

Hyper-Optimized EVM Execution Environment

MegaETH provides a hyper-optimized EVM execution environment to push latency, throughput and resource efficiency to hardware limits. Consequently, the real-time blockchain can process large volumes of transactions as soon as they arrive, and publish the resulting state changes in a few milliseconds.

To enable real-time EVM execution, MegaETH co-designed a low-latency, streaming-based block-building algorithm with a concurrency control protocol supporting transaction prioritization.

MegaETH's real-time blockchain scales without sacrificing decentralization and security through the following key components and features.

 is an extension of the MegaETH core team. It consists of a group of 10x builders hand-picked by MegaETH developers. According to the project, MegaMafia participants have "an internal compass guiding them toward crypto's world domination."

MegaETH defines three common qualities for MegaMafia members:

MegaETH is setting a new standard for blockchain scalability, addressing long-standing limitations without compromising decentralization or security. By combining innovative architectural decisions with technologies like real-time EVM execution, in-memory computing and smart contract JIT compilation, this real-time L1 chain delivers unmatched performance tailored for Web 2.0–scale applications.

Supported by high-profile investors, such as Vitalik Buterin and Joseph Lubin, MegaETH is poised to bridge the gap between blockchain and traditional computing, unlocking new possibilities for decentralized applications. The project is on track to launch its testnet in early 2025, with the mainnet rollout soon thereafter.

Advanced

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MegaETH: A Real-Time Blockchain for Web 2.0–Scale DApps

Grayscale has launched the Horizen Trust, a fund that allows qualified investors to gain exposure to the cryptocurrency ZEN without the need to buy, store, or safeguard it.

Daily Top Performer — Convex Finance (CVX)

The S&P 500 rose 0.73%, driven by big tech and communication services, as investors anticipate a "Santa Claus Rally" to close the year. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 1.61%, with Bitcoin dropping by 2.58% and Ether rising by 4.32%, respectively in the past 24 hours.

Today's top performer is CVX, which surged 28.1% following Frax's consideration of BlackRock's BUIDL token as backing for the rebranded frxUSD stablecoin.

Convex Finance (CVX), launched in May 2021, is a DeFi protocol that boosts yields for Curve protocol users on Ethereum. It allows for staking to earn CRV and CVX tokens and provides voting rights on token allocations. Securitize has 

 adding BlackRock's BUIDL token as backing for Frax's rebranded Frax USD (frxUSD) stablecoin, which will feature a new mint-redeem system. Early feedback from Frax DAO members is positive. Competing proposals from Superstate also suggest backing frxUSD with their tokenized funds. The final backing structure is still undecided.

Check Out the Latest Prices, Charts, and Data of 

, a fund that allows qualified investors to gain exposure to the cryptocurrency ZEN without the need to buy, store, or safeguard it. The fund's shares track the market price of ZEN, net of fees. While the shares have been traded at both a premium and discount, the fund aims to provide a simpler way for investors to gain exposure to ZEN. Grayscale is also expanding its offerings, with plans for a Solana spot ETF.

Yesterday, BTC Spot ETFs recorded total outflows of $258.2 million, including $38.4 million from GBTC and $219.8 million from non-GBTC funds.

, distributing $SONIC tokens to those who participate. Over 2 million users have joined through an easy onboarding process, requiring no wallet setup or gas fees. To qualify for the airdrop, users must log in via TikTok, access SonicX, and wait for the $SONIC claim banner. SonicX, part of the Sonic SVM app layer, uses TikTok ads and creator partnerships to promote its gaming and blockchain education hub. The project aims to expand its TikTok Chain with new games and future token rewards.

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Grayscale Introduces Horizen Trust for ZEN Investment Access

Gems VIP (GEMS) is crypto launchpad uniting leaders to curate top projects, boost growth, and offer rewards via staking, revenue sharing, and exclusive access.

The cryptocurrency industry features over a hundred active launchpad platforms where new projects vie for the attention and funds of early investors. However, many of these launchpads have limited safeguards for investors and offer underwhelming support and growth opportunities for crypto projects launched through them. Investors often fall victim to scam launchpad projects and tokens, while crypto startups fail to raise enough funds from quality backers.

Gems VIP (GEMS) is a crypto launchpad that’s adopted a unique community-driven approach to dealing with both of these problems. It carefully curates projects listed on the platform to ensure that only high-potential, promising tokens are offered to investors. Additionally, Gems VIP has assembled a formidable community of crypto leaders who provide their input on the listed projects and gain access to early sale rounds for their tokens. Besides early access to high-potential tokens, the leaders enjoy additional benefits — 

 in the form of revenue sharing from the launchpad's projects, discounts on the platform's exchange solution, Gems Trade, and staking opportunities for GEMS, the platform's native cryptocurrency.

 (GEMS) is a launchpad supported by a community of leaders in the crypto space. 

The platform features a rigorous curation procedure for listed tokens and provides the community of leaders with access to early sale rounds for these tokens. Gems VIP's community leaders not only 

 via the platform, but also may provide support and expertise to drive their early growth and development.

Gems VIP was launched in late 2023. By December 2024, it had assembled a community of around 3,500 leaders, a number that may grow as the project continues to expand. Gems VIP's native cryptocurrency, GEMS, was launched in June 2024. Leaders can lock a certain minimum amount of GEMS to gain exclusive access to private sale rounds and receive significant discounts during sales.

Platform users, including leaders, who lock at least 5,555 GEMS ($694) become Golden Users, which qualifies them for a 20% discount on the presale round of private sales and a 7% discount on subsequent rounds. To become a Premium Leader and enjoy the full suite of benefits and discounts, leaders need to lock at least 18,000 GEMS (currently around $2,250).

However, you can't simply buy your way into the leader community by purchasing GEMS tokens. Each potential leader is carefully assessed by the project team for suitability. Only individuals deemed as bringing value to the project's potential and its vibrant community are accepted as leaders. Thus, a manipulative 

 who buys up a lot of GEMS tokens in the hope of monopolizing access to private sale rounds will be left disappointed.

The leaders often provide guidance and support to the launchpad's projects, as well as input during the project selection phase. This ensures that the Gems VIP team's expertise is complemented by the leaders' skills when evaluating prospective projects.

Projects selected and launched via Gems VIP enjoy the benefit of being supported by a vast network of leaders and the Gems VIP core team itself. Early investments from community leaders provide much-needed capital to spur the growth of these projects.

There are also certain benefits for other investors (not only the leaders) when buying the projects' tokens in later public rounds or via the secondary market. The curated selection procedure and early backing from astute leaders reduce the risk of investing in scam tokens on the secondary market.

Gems VIP supports promising, innovative crypto startups across a range of 

 (AI). Some of the projects successfully launched via Gems VIP include game development studio Leia Games and AI-powered 

As of late December 2024, the launchpad actively supports its newest key project — an AI-powered crypto trading platform, 

, which provides crypto traders with convenient Telegram access to investment calls and advice from a carefully curated list of key opinion leaders (KOLs).

Gems’ young platform is continuing to develop. Following the introduction of its launchpad service, the platform's next key goal is the launch of its own crypto exchange solution, 

. As of late 2024, Gems Trade is a work in progress. It will serve as a natural evolution of the overall Gems VIP platform by enabling a trade in tokens of the launchpad's projects.

, vault services with an off-chain Stake & Earn program, 

, fiat currency integration and over-the-counter (OTC) trading. Part of the revenue from transaction fees will be channeled to community leaders. In addition to the income from trading activity, the leaders will also earn referral rewards — every time a user referred by a leader transacts on Gems Trade, 50% of transaction fees from their trades will be directed to the referrer for life.

The platform's native cryptocurrency, GEMS, is primarily used to provide exclusive access to early sale rounds for tokens and discounts during the sales. Additionally, GEMS ownership may entitle holders to a share of the revenues generated by the Launchpad's projects.

 built into its tokenomics. All projects launched via Gems VIP are required to allocate 2% of proceeds from the sale of their tokens to purchase GEMS. This applies to each sale round conducted by the project. Fifty percent of the purchased GEMS tokens are locked for one year and then returned to the project, while the remaining 50% are burned to reduce the token's supply.

The GEMS token was launched in June 2024 with a total supply of 843.3 million. As of Dec 23, 2024, the token's total supply is slightly lower — 838.79 million — due to the burn mechanism described above. The token's current market capitalization is $55.45 million, making it the eighth-highest-capped cryptocurrency in the launchpad tokens category.

The initial total supply of 843.3 million GEMS was allocated as shown in the chart below.

 function. Users and leaders can earn competitive APY rates by staking their tokens on the platform. As of Dec 22, 2024, the Gems VIP staking program has an APY rate of around 29%.

There's a mandatory lockup period of 90 days from the date of deposit before you can receive or restake your staking rewards. You can unstake your principal tokens at any time, but will need to wait for seven days before your staked tokens are released back to you.

 as a Perpetual contract based on USDT. You can also join the 

 for the chance to win a share of the 20,000 USDT prize pool. The campaign is split into two events, running through Dec 25, 2024, 10AM UTC. For the first event, with a total prize pool of 5,000 USDT, users who accumulate a trading volume of just $100 via the GEMSUSDT Perpetual contract will have a chance to win a share of the prize pool. The second event is a GEMS PnL Trading Championship, in which the top 50 traders who accumulate a trading volume of at least $50,000 on the contract will qualify for a share of the 15,000 USDT prize pool.

As of Dec 24, 2024, GEMS is trading at $0.125, which is 61% lower than its ATH of $0.32 on Oct 18, 2024, and 350% higher than its ATL of $0.02765 on Aug 5, 2024. Since its launch six months ago, the token has experienced its ups and downs. However, GEMS is up by approximately 121% compared to its initial market price in mid-June 2024, outperforming Bitcoin (BTC) and the overall crypto market during this half-year period.

The Gems VIP team has developed an intriguing concept for running a launchpad. Mobilizing leaders of the crypto world to support new innovative projects is definitely a significant boost for aspiring web3 startups, which often struggle with initial momentum due to lack of both funding and external expertise. The community of leaders plays a vital role in helping early promising projects to overcome initial market resistance. 

For the leaders, the platform is also a viable source for sharing their industry insights, providing tangible help to new web3 initiatives and simultaneously accessing income opportunities through the projects' revenue-sharing commitments.The Gems Launchpad also offers an important benefit for the wider investor community: the platform's rigorous curation process and the support of its leader community ensure a significant reduction in the risk of investing in unsustainable or 

Intermediate

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Gems VIP (GEMS): Where Leaders Drive Projects and Success

Bybit Learn

Crypto

Staking

Want the best returns when staking your coins and tokens? Give these best staking coins a shot to maximize your rate of passive income.

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Interested in investing in cryptocurrencies? There are a myriad of factors to take into account. When you invest in coins based on a 

 blockchain network you can engage in staking, which helps PoS networks operate more securely and efficiently. The only requirement for staking is that you keep coins in your cryptocurrency wallet over an extended period of time, which allows you to earn staking rewards. Staked coins are similar to interest-bearing savings accounts, since with both options you earn interest on your initial investment. Keen on giving this 

 a go? Read on as we cover some of the best staking coins you can invest in if you want to earn passive income while taking advantage of high yield.

 is a process that involves placing funds into a digital wallet and keeping them there to support validating transactions for PoS blockchains. By participating in transaction validation, participants earn extra cryptocurrency.

The main benefits associated with staking crypto include the following:

There are some notable differences between mining and staking. In general, while mining only occurs with 

 systems, you’re able to get a return on both PoW and PoS coins on staking platforms.

 are able to confirm blockchain transactions without needing a third party, such as a bank or other financial institution. The main difference between the two mechanisms is in their energy consumption. If you’d like to get started with the staking process, you first need to obtain PoS coins. Once you’ve selected the coins you want to use, you’ll decide how much of your top staking coins you’d like to stake. This process can be done on any major cryptocurrency exchange.

Keep in mind that it’s also possible to earn additional income through

. Although somewhat more complicated than staking, yield farming involves earning coins by lending your current crypto assets to various 

 (DeFi) platforms. With yield farming, you can contribute crypto assets for anywhere from a couple of days to several months. Higher lending amounts invariably lead to higher rewards.

Despite the benefits of crypto staking for earning passive income, there are several risks to be aware of. The primary ones are as follows:

The following is a comprehensive look at 20 of the best staking coins you can purchase in order to start obtaining staking rewards. The tokens’ symbols are listed after each crypto platform.

If you’re looking for the highest APY crypto staking token that won’t depreciate in value, 

 (USDT) is a good choice. As the world’s leading 

 of $114.34 billion (as of Jul 23, 2024). Since 2014, USDT has provided crypto users with a cushion against the volatility of cryptocurrency markets.

Instead of holding fiat currency in traditional financial systems (such as banks), you can stake USDT, which will provide you with an attractive passive income and help you hedge against inflation, especially during these uncertain economic times. 

USDT reserves are backed 100% by the U,S, dollar (Tether’s platform provides a transparency page where you can verify this). Better yet, USDT has a huge trading volume and deep liquidity, allowing you to easily swap your tokens for digital assets. 

Ready to hold crypto without the risk of losing value due to volatility? Then try Bybit Savings, where you’ll earn an APR of 9.27% from staking USDT for a flexible period. Staking for a flexible time means that you can unstake your tokens at any time, as the yields are paid out daily. Bybit is also holding an 

, during which staking USDT earns you 300% interest for both fixed and flexible terms — making it the highest-APY crypto staking offer around.

Popularly known as “digital silver,” Ethereum is ranked second among cryptocurrencies after Bitcoin. The blockchain has been improving its network through various 

Ethereum’s ecosystem remains one of the busiest in the crypto space, as people leverage its security and 

. A considerable number of well-performing 

 (OP), have also helped scale Ethereum by providing low-cost, high-speed transactions.

ETH is one of the best crypto staking coins, with numerous ways to earn passive income from it. You can stake it with Bybit Savings 

 has become popular. It allows you to access your staked ETH in the form of 

 (LSD) tokens and use them for DeFi activities, such as lending and providing liquidity. 

You can stake your ETH with Bybit to receive stETH, or on the 

 liquid staking platform to enjoy 2.89% interest while earning passive income from 

 and receive mETH with an APR of 1.1%. Bybit provides multiple ways to 

. It was created by fintech giant Circle, and has strong partnerships through the Circle Alliance Group, which includes notable names such as Visa, Mastercard and BlackRock. Over the years, USDC has risen to become an in-demand crypto, especially for those looking for a stablecoin to stake.

USDC is designed to facilitate fast and cheap cross-border payments, and to provide crypto users with a transparent and safe cryptocurrency for transactions. Circle has increasingly expanded its reach across the globe, driving USDC up the crypto rankings to become the second-most popular stablecoin after USDT.

ing USDC, lock it with Bybit Savings for flexible staking. You’ll enjoy an APR of 7.32%, and can withdraw your assets instantly and convert them into your preferred currency without much hassle. The process is fast, straightforward and transparent.

The Open Network (TON) was founded by Telegram in 2018 to provide scalable and affordable cross-chain interoperability. 

 (TON), the native token powering the project, has been pumping hard in 2024, shattering its all-time high with a price of $8.01 on Jun 14, 2024. 

TON's surge was fueled by Telegram's announcement in April 2024, stating that channel owners could now pay for in-platform ads for their channels using the token. TON has also been attracting major partners, such as Pantera Capital.

Ready to earn passive income from one of the best crypto staking coins? Stake TON with Bybit Savings to earn an interest of 8.36% for a flexible term. 

You can also stake your TON tokens to become a validator and secure the TON blockchain, where you'll earn an APR of 2.99%. With the popularity of Telegram-related projects, such as 

, the TON blockchain is thriving. Hence, HODLing and staking TON can be a smart investment decision.

Bitcoin remains the top crypto in terms of market capitalization. So far, 2024 has been a good year for BTC, which hit a new all-time high of $73,737 on Mar 14, 2024, following the 

 event that was completed in April has made it harder to mine BTC, reducing the amount of coins in the circulating supply. Based on these factors, it’s ideal to hold and stake Bitcoin, since its value will continue to soar over time. 

Having been around since 2011, and with various developments on the network designed to increase its value, Bitcoin remains one of the best crypto staking coins around. With Bybit Savings, you can enjoy a yield of 2.5% when staking Bitcoin for a flexible period. 

, a modular L2 Ethereum scaling solution that combines data availability, superior performance and security by using 

-compatible, allowing developers to leverage smart contracts and other tools to easily build DApps. Compared to other 

, Mantle has an extensive network of partners tied together by the MNT token, making its blockchain a rapidly growing haven for app developers.

MNT is also one of the best crypto staking coins on Bybit, with a rate of 20.35% for its flexible plan.

 blockchain has been making a comeback in 2024 following a catastrophic phase during the bear market, especially with the collapse of FTX. There’s been growing demand for SOL, especially around 

, which have been performing remarkably well in 2024.

We've seen increased liquidity on Solana, and the SOL token has returned to the top five in crypto rankings. The heightened activity on Solana — which could continue during a full-blown bull market — suggests that investing in SOL could be a good move.

Since you hold your SOL tokens, you can stake them flexibly with Bybit Savings to earn an APR of 1.2%. In addition, you can help secure the Solana network by staking your SOL tokens on its PoS platform at a yield of 6.97%.

USDe, a creation of Ethena Labs, provides an efficient and scalable stablecoin (

) that enables crypto users to explore and invest in the crypto space without worrying about volatility. Besides trading USDe as a Spot pair, 

 also allows you to use it as collateral to trade perpetual contracts. 

You can also earn passive income by staking USDe on Bybit Savings to earn a high interest of 30% for either a flexible or fixed term — a rate that makes USDe one of the highest APY crypto staking tokens currently available on the platform.

 stablecoin was created by MakerDAO to provide crypto users with volatility-free financial freedom. An 

, it's powered by smart contracts, and can easily be integrated into DApps. 

With Dai integrated into over 400 apps and services, its utility has grown over time, making it a worthy contender in the stablecoin niche. As such, DAI is among the best coins for staking, since it can easily be converted into other assets. Its popularity is also due to increased demand for a decentralized stablecoin. To earn passive income, you can flexibly lock your DAI tokens on Bybit Savings at an interest rate of 6.24%.

The explosion of artificial intelligence (AI) technology has led to many crypto projects merging AI with blockchain technology, pushing the limits of technology even further. 

 (APTR) is one of the leading DeFi projects to create an innovative intention-based protocol powered by a chatbox, allowing users to achieve their goals easily by using natural language prompts. The requests are then efficiently processed by a decentralized network of solvers, with the solver integrity maintained via 

 for the right to governance and voting, as well as to earn staking rewards. APTR staking is split into three different durations: Staking APTR for 30 days yields an APR of 10% APTR and 23% USDC; a 60-day period gives you 15% APTR and 35% USDC; and staking for 90 days earns you 20% APTR and 47% USDC. APTR is currently among the best cryptocurrencies to stake on Bybit Savings, where you can earn an attractive rate of 50% for a fixed period. 

Referred to as the “internet of blockchains,” 

 is a Layer 0 blockchain that enables the c

reation of customizable application-specific chains through Cosmos SDK. These independent blockchains can then 

communicate effectively with each other via Cosmos’s 

Inter-Blockchain Communication (IBC) Protocol. 

Its native ATOM token powers Cosmos’s PoS consensus system by incentivizing holders to stake their ATOM tokens to a validator that helps secure the network. 

By staking your ATOM tokens on Cosmos, you’ll receive rewards at a rate of 17.18%, making ATOM one of the highest APY crypto staking coins. You can also lock your ATOM tokens flexibly on Bybit Savings, where you’ll receive passive returns at a rate of 1%.

 (VPR) launched in 2023 and went on to become one of the biggest 

s on Bybit, with over 40,000 investors participating. Its gas-free 

 is supported by Visa and lets you enjoy a seamless experience when transacting your digital assets, without the complexities of 

VPR is used to incentivize users to buy mutual funds on VaporWallet. You can also stake VPR and other cryptocurrencies in the wallet to earn rewards.

Furthermore, VPR is among the highest APY crypto staking coins on Bybit, with a yield of 60% on your staked assets. Combined with the versatility and convenience of VaporWallet, this high APY makes VPR one of the best staking coins to hold for passive income.

 ecosystem, is one of the best staking coins to hold, due to its utility in facilitating the 

 and security of the Polkadot blockchain. Created by Ethereum's co-founder, Gavin Wood, Polkadot has remained a popular multichain network, designed to enhance interoperability and communication across different chains.

DOT is used for bonding, staking and governance on Polkadot. 

There are two ways to stake on Polkadot: by holding 

 to become an active nominator (the minimum amount changes every 24 hours), or by staking a minimum of 1 DOT in the nomination pools. Rewards are paid out every 24 hours at a current rate of 11.4%, making it one of the highest 

 crypto staking tokens in the DeFi space. 

Alternatively, you can choose a simple staking solution on Bybit Savings with an APR of 1% on your staked DOT assets.

LFT makes our list of the best staking coins since it's the native token for 

, a platform that lets you create a realistically human-like avatar to use as your digital identity across the web3 space. You can stake your LFT tokens on Lifeform to earn rewards from minting 

. LFT is among the highest APY crypto staking tokens available on Bybit, with an interest of 40% on Bybit Savings.

 blockchain, a smart contract platform designed to help developers create fast, efficiently and cheaply. Individuals and enterprises can access affordable, low-code tooling on Avalanche to launch their apps. AVAX is used to pay gas fees on the Avalanche blockchain and secure the network through validators.

You can stake your AVAX tokens to become a validator, and earn staking rewards at an annual rate of 7.97% — which makes AVAX one of the highest APY crypto staking tokens in the DeFi space. You can also stake your AVAX on Bybit Savings, where you’ll earn a return of 1% and can conveniently withdraw your assets at any time.

Spectral is another crypto project that has incorporated AI into its blockchain technology. It offers two core products — a decentralized oracle, Spectral Nova, comprising a network of AI and ML models that provide verifiable inferences and insights to blockchain smart contracts and apps, and Spectral Syntax, a generative AI tool to help you build your own on-chain AI Agents through easy smart-contract programming code via textual prompts.

Its governance token, SPEC, also offers incentives to holders who stake the token on its two platforms. On Spectral Nova, validators have to stake SPEC as collateral, which incentivizes them to act with integrity, and on Spectral Syntax, users can stake SPEC for elevated agent creation and monetization rights. SPEC is also one of the highest APY crypto staking tokens on Bybit Savings, with a rate of 30% for both flexible and fixed periods.

 provides users with faster transactions by using the Ouroboros PoS consensus mechanism. ADA is the native token powering Cardano that facilitates payments within its ecosystem. Staking pools help run the Ouroboros PoS protocol 24/7. ADA holders can delegate tokens into staking pools to enjoy staking rewards at a rate of 2.86% while being able to spend their delegated ADA at any time.

You can stake your ADA tokens on Cardano using the blockchain’s official wallet, 

, a secure desktop wallet that allows you to set up a bundled Cardano node with a single click. However, its complexity of use has led users to seek alternatives, such as Yoroi and AdaLite. If you wish to reap simple yields without the challenges of staking on a PoS platform, you can flexibly stake ADA Bybit Savings at a rate of 1%.

 is one of the best crypto staking coins, due to its pivotal role in the cryptocurrency space, especially as it powers Binance, one of the world’s largest cryptocurrency exchanges. The coin’s versatility and critical role in BNB Smart Chain (BSC), coupled with solid tokenomics, make it one of the best cryptocurrencies to stake. BNB is used to pay fees on the Binance exchange and BSC, to pay merchants, and for staking to receive passive rewards.

Since BNB's use cases are rapidly continuing to expand, you can stake your BNB with Bybit Savings for a flexible period to earn rewards at a rateof 1%. You can also become a validator and contribute to the security of BSC by staking your BNB to receive daily staking rewards. Otherwise, you can contribute as a delegator by staking your BNB to validators via supported wallets, such as BNB Chain Wallet, 

BNB is one of the top staking coins you can hold, since it can also be liquid staked on various platforms. You can then receive LSD tokens to use for other DeFi activities while your BNB yield continues to generate. For instance, by liquid staking BNB with 

, you'll earn your reward at a rate of 1.08%.

 offers 2.24% APR for its liquid staking service. 

, a Layer 1 modular blockchain platform built to provide security, bridging and liquidity to RollApps, which are Layer 2 application-specific rollups created for a single DApp use. Similar to Layer 1 blockchains built with Cosmos SDK, each RollApp is equipped with on-chain governance, the ability to mint native tokens and 

IBC bridging to over 100 external chains in the IBC ecosystem, including major chains like Tether, USDC and Ethereum. 

20 Best High APY Crypto Staking Coins for Maximum Passive Income (2024)

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards