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Liquidity mining allows crypto traders to earn great returns by contributing their funds to pools on decentralized exchanges (DEXs) and lending platforms. Depending on which pool and DEX you choose, you can earn some of the highest yields available in the world of crypto. Bybit Alpha, a component of the Bybit platform that allows you to access decentralized trading opportunities using your Unified Trading Account (UTA), supports on-chain liquidity farming through its Liquidity Farm function. Using the Alpha Liquidity Farm, you can earn trading fee rewards from investing in Solana (SOL)–based liquidity pools without ever needing a decentralized wallet, with all operations easily available in just a few clicks through your Bybit UTA.
Key Takeaways:
Bybit Alpha Liquidity Farm is a product that allows you to earn yields from Concentrated Liquidity Market Maker (CLMM) liquidity mining directly via your Bybit UTA.
It’s the first product in the industry that enables on-chain liquidity mining using a centralized exchange (CEX)–based account.
Users can set their custom price ranges to contribute liquidity, or select from predefined ranges with different risk profiles.