In this article, we break down what to expect from Liberation Day and how it could shape the outlook for equities, the US economy and crypto markets.

 April 2, 2025 as "Liberation Day" — a moment he claims will restore America's trade fairness through sweeping reciprocal tariffs. With few concrete details confirmed, global markets remain on edge. Investors are bracing for the economic fallout of a potential trade war, and crypto traders are watching closely to assess the impact on digital assets. In this article, we break down what to expect from “Liberation Day” and how it could shape the outlook for equities, the US economy and crypto markets.

Since returning to the White House in January 2025, President Trump has prioritized reshaping US trade policy with a renewed focus on tariffs. His administration has already announced 

 on all steel and aluminum imports. Many of these actions take effect this week, coinciding with his so-called Liberation Day.

Trump argues that tariffs are a necessary tool to reduce the US trade deficit and force foreign nations to stop what he calls "economic warfare" against the American worker. Treasury secretary Scott Bessent 

 countries with persistent trade surpluses — dubbed the 

 — as primary targets for reciprocal tariffs. These include China, the EU, Canada and Mexico.

However, critics point to the growing risk of a global trade war, with multiple partners already threatening or initiating retaliatory measures. Goldman Sachs recently 

, citing declining business confidence and mounting economic uncertainty. The tariffs, designed to protect US industries, could instead raise prices and weigh on consumer spending.

What to expect from Trump's ‘Liberation Day’ announcement

Trump is expected to reveal his tariff plans in a Rose Garden press conference on April 2. White House press secretary Karoline Leavitt 

 that the president would impose tariffs on "any country that has treated the American people unfairly" — though no nation-specific exemptions have been confirmed. Trump has promised these reciprocal tariffs will be 

While final details remain under wraps, proposals have included both country-wide and sector-specific tariffs. These could range from uniform, percentage-based levies to targeted charges on industries like pharmaceuticals, semiconductors and autos. Trump's advisers, including Trump trade adviser Peter Navarro and commerce secretary Howard Lutnick, claim the new tariffs could generate over $600 billion annually — though many economists dispute this figure.

Delayed tariffs on Canadian and Mexican imports, 

 in early March, are also set to take effect this week. These include taxes on agricultural products, energy goods and automotive components. Trump has also 

 a 25% tariff on imports from countries that purchase oil or gas from Venezuela.

Given the administration's conflicting signals in recent weeks, there's a wide range of potential outcomes. Whether “Liberation Day” ushers in immediate enforcement, additional delays or future negotiation rounds remains to be seen. For now, uncertainty reigns.

Potential impact on the US economy and global markets

Economists warn that broad-based tariffs could lead to slower US growth, higher consumer prices and widening inequality. Goldman Sachs now 

 Trump's trade policies to reduce annual GDP growth to 1.5% from 2%, while the odds of a recession are being raised from 20% to 35%.

Global equity markets have already shown signs of stress. European and Asian indices dipped ahead of “Liberation Day,” while the S&P 500 and Nasdaq-100 

 in March (respectively). Auto manufacturers, tech firms and retailers could be especially vulnerable if tariffs disrupt global supply chains.

There's also the question of the Federal Reserve's response. With inflation risks rising, policymakers may hold off on anticipated rate cuts, further complicating the economic outlook heading into Q2.

How will ‘Liberation Day’ affect the crypto industry?

Crypto markets have mirrored broader risk sentiment over the past quarter, with investors reducing exposure amid macroeconomic turbulence. As of April 1, the 

 is down 16.9% year-to-date. Bitcoin has fallen 10.48%, Ethereum 44.2% and Solana 33% — despite reaching new highs in January on hopes for pro-crypto policies from the Trump administration.

Investor optimism has since cooled as recession risks, inflation concerns and policy unpredictability drive a risk-off mood. Bitcoin dipped to $81,656 over the weekend, marking its weakest Q1 since 2018. Traders remain cautious ahead of “Liberation Day,” awaiting clarity before opening new positions.

“Liberation Day” could further weigh on crypto prices if market volatility increases and capital rotates out of risk assets. However, some analysts believe any resulting sell-off may offer an opportunity to 

 — especially if Trump follows through on crypto-friendly regulation later this year. For now, though, many eyes are on April 2.

With details still unknown, the crypto market remains in a "wait-and-see" phase. “Liberation Day” could mark a turning point — for better or worse — depending upon the scope and execution of Trump's tariff agenda.

Intermediate

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Trump's 'Liberation Day': What it means for crypto markets

Grayscale has filed to convert its private Digital Large Cap Fund, which includes Bitcoin, Ethereum, XRP, Solana, and Cardano, into a publicly available exchange-traded fund (ETF). 

Daily top performer — Compound Finance (COMP)

The S&P 500 rose 0.38% as investors awaited new tariffs amid weak factory data and declining job openings. Gold eased to $3,113 after hitting a record high, driven by profit-taking ahead of Trump's tariff announcement, but remains strong due to safe-haven demand and economic uncertainties. The Coindesk Indices, which tracks the broader crypto market, are up by 1.30%, with Bitcoin and Ether are up 3.10% and 5.19%, respectively, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is COMP, up 14.3%, following the proposal for the creation of a foundation to ensure consistent leadership and coordination by Compound.

Compound Finance (COMP), launched in September 2018, is a DeFi lending platform that allows users to earn interest on crypto assets. Built on smart contracts, it adjusts interest rates based on supply and demand, connecting lenders and borrowers without intermediaries. In June 2020, Compound decentralized with the launch of COMP and full governance transfer. However, it lacks a core operational pillar. With Compound v4 development and increased community engagement, the need for consistent leadership has grown. To address this, Compound Labs 

 creating a Compound Foundation for structure, clarity, and coordination, similar to other ecosystems like Uniswap.

Check out the latest prices, charts, and data of 

 to convert its private Digital Large Cap Fund, which includes Bitcoin, Ethereum, XRP, Solana, and Cardano, into a publicly available exchange-traded fund (ETF). The fund, which currently holds 79.4% Bitcoin and 10.69% Ethereum, has grown by 478.83% since its launch in 2018. The conversion would allow everyday investors to access the crypto market, covering about 75% of the digital asset market cap. If successful, it would eliminate the current barrier that restricts access to accredited investors. The filing is still in progress, with management fees and other details pending.

Yesterday, BTC spot ETF had a total outflow of $157.8 million, with GBTC seeing a loss of $10.1 million and non-GBTC products losing $147.7 million.

 that its airdrop might be approaching, with a claim page now live. Registration for the airdrop runs from April 2 to April 17, and claims are expected to open on April 22. However, nothing has been officially confirmed yet. Stay tuned for updates.

Beginner

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Grayscale files to convert digital large cap fund into publicly accessible crypto ETF

In this guide, we'll dive into how to trade crypto with the Bybit app, a convenient and feature-rich platform. Explore spot and derivatives trading for beginners on the Bybit app.

Welcome to our step-by-step guide on trading using the Bybit app. In this article, we’ll walk you through everything you need to know — from downloading the app and setting up your account to executing spot, margin and derivatives trades. Bybit is a leading cryptocurrency exchange that offers a fully localized and user-friendly mobile experience, making it easy for both beginning and seasoned traders to manage their investments seamlessly.

First, download the Bybit app from the App Store (iOS) or Google Play (Android). Once you’ve installed the app, open it and select your preferred language.

 and register using your email address or phone number. Complete the verification process by submitting your mainland Chinese ID or passport as required. This step is crucial to ensure your account is secure, and to unlock higher withdrawal limits.

After verifying your identity, head over to the 

 tab to fund your account. You can directly deposit cryptocurrencies like BTC or USDT. Our 

 (UTA) streamlines fund management, allowing you to trade seamlessly across different markets without the hassle of multiple wallets.

Spot trading with Bybit lets you buy or sell cryptocurrencies at current market prices with immediate settlement.

To begin, log in to the app and tap on the 

Choose your desired trading pair, such as BTC/USDC or ETH/USDT, from the list.

 lets you specify a price at which you want to buy or sell. 

Enter the amount you wish to trade, review the details and confirm your order.

Once your order is executed, monitor its status in the 

Bybit has an intuitive interface that displays real-time updates, so you can track your trades anytime with ease. 

How to execute a spot margin trade with the Bybit app

For traders looking to leverage their positions, Bybit offers a spot margin trading feature that allows you to borrow funds to increase your buying power. Start by logging into your account and tapping on 

Choose a trading pair, such as ETH/USDC, which supports margin trading with leverage options of up to 10x. 

Once your trading pair is selected, you’ll need to select the margin amount (e.g., 

 at which you want your limit order to execute.

You’ll also see several other important metrics, such as 

Enter the amount you wish to trade, and then carefully review all of the details.

After confirming your order, your margin trade will be executed. You can track your position in the 

 tab, where you can also set up stop-loss or take-profit orders to manage risk. 

How to trade derivatives with the Bybit app

Bybit also offers derivatives trading, which allows you to speculate on the price movements of cryptocurrencies without actually owning the underlying assets. Derivatives include Futures and Perpetual contracts, which can be traded with leverage, sometimes up to 100x.

To start, log in to your account and tap on 

Set your desired leverage (e.g., 50x) and choose between 

 margin modes, based on your risk preference.

 (if using limit or conditional orders) and 

Once you’re satisfied with your parameters, confirm your order and your position will appear in the 

Trading with the Bybit app offers numerous advantages that make managing digital assets both efficient and secure. The platform’s user-friendly design, high-speed execution and comprehensive risk management tools cater to traders of all levels. Our Unified Trading Account (UTA) streamlines fund management by consolidating assets for spot, margin and derivatives trading under one account, which reduces operational complexity and enhances overall efficiency. This streamlined approach lets you focus on strategy rather than logistics.

Additionally, Bybit’s state-of-the-art security measures — such as multi-factor authentication, regular independent audits and cold storage of assets — ensure that your transactions are conducted safely and transparently. With an interface designed to minimize distractions and provide real-time data, you can quickly monitor market movements and adjust positions. 

Our commitment to a secure and reliable trading experience is evident in our continuous improvements and proactive customer support. These features empower you to make informed trading decisions, fostering confidence in your ability to navigate the dynamic crypto market.

Bybit delivers a secure, robust and intuitive mobile platform that simplifies cryptocurrency trading for everyone. In this guide, we’ve explored how to set up an account, fund it and execute various types of trades — spot, margin and derivatives — using a fully localized and user-friendly interface. Our Unified Trading Account and comprehensive risk management tools ensure a smooth trading experience so you can focus on growing your investments.

Looking ahead, Bybit remains dedicated to innovation and excellence in the crypto industry. We continually refine our platform, based on user feedback and market trends, ensuring that you have access to the latest tools and features. Our commitment to transparency and security underpins everything we do as we build trust and empower traders. 

How to trade spot crypto on Bybit app.png

How to trade with the Bybit app

Approval of an Aptos Spot ETF could drive price growth and mainstream adoption by offering regulated, accessible exposure to APT for investors.

In early March 2025, Bitwise Asset Management, Inc. filed an S-1 registration statement with the SEC to launch a Aptos Spot 

 (ETF), sparking fresh excitement in the crypto market. Known for its cutting-edge blockchain architecture and lightning-fast transactions, Aptos is gaining traction, and now joins the growing list of projects seeking mainstream investment products. 

This article describes how an Aptos Spot ETF works, its potential impact on the market, regulatory hurdles and the significance of potential approval for the future of altcoin investments. Could this be the move that propels Aptos to blockchain supremacy?

An Aptos Spot ETF is an exchange-traded fund that physically holds the 

 (APT) cryptocurrency and directly tracks its real-time price, providing investors exposure to its market performance without needing to own the asset itself.

An Aptos Spot ETF would operate by acquiring Aptos tokens through authorized participants (APs), typically large financial institutions. These APs play a crucial role in the creation and redemption of ETF shares. They purchase Aptos tokens, either from the open market or directly from exchanges, and transfer them to the ETF in exchange for newly issued shares.

Once the tokens are bought, the ETF stores them securely, often through specialized custodial services that ensure transparency and regulatory compliance. The ETF tracks the value of Aptos (APT) by referencing a specific pricing benchmark, such as the CF Aptos-Dollar Settlement Price, aggregating data from major trading platforms in order to accurately reflect the APT token’s market value. 

Creation and redemption of Aptos Spot ETF shares

Creation and redemption of ETF shares takes place in large blocks, known as Baskets, which typically consist of 10,000 shares. APs are key in maintaining liquidity and ensuring that the ETF’s price stays aligned with the value of the underlying asset. 

In the creation process, an AP delivers cash for an amount equivalent to the value of the ETF shares it wants. The fund’s sponsor then uses this cash to acquire Aptos tokens from pre-approved trading counterparties, who operate independently of the APs. Once the tokens are acquired, the ETF issues the corresponding number of shares to the AP, which can then sell them on the open market.

On the flip side, during the redemption process, an AP wishing to redeem ETF shares returns the specified number of shares to the fund. In return, the AP receives cash for an amount equivalent to the value of the underlying Aptos tokens. To fund this redemption, the sponsor arranges for the sale of the required Aptos tokens to approved counterparties, and the cash proceeds are used to fulfill the redemption request.

Once created, ETF shares are listed and traded on public stock exchanges, allowing investors to buy and sell them as they would traditional stocks during market hours. This provides liquidity and accessibility to a broader range of investors.

The ETF provider charges an annual management fee for overseeing the fund's operations. These fees compensate the provider for managing the fund and ensuring its alignment with the underlying asset's performance. This mechanism ensures that the Aptos Spot ETF stays closely aligned with the market value of Aptos tokens, while offering investors the convenience of trading ETF shares on traditional financial markets.

On Mar 5, 2025, Bitwise Asset Management submitted an 

 to the US Securities and Exchange Commission (SEC), seeking approval to launch an Aptos Spot ETF. To address regulatory concerns, Bitwise has decided to exclude a staking provision from the Aptos ETF. (

 allows users to earn rewards by holding their cryptocurrency instead of selling it, but this can complicate ETF structures and raise issues with the SEC.) 

Bitwise still needs to submit an SEC Form 19b-4 for its Aptos Spot ETF application. Once the SEC acknowledges receipt of the 19b-4, the review process will officially begin, which could take several months. With the SEC grappling with an increasing number of Spot ETF applications, Bitwise's filing is expected to draw significant attention. The outcome could set an important precedent for the future of altcoin ETFs in the US.

Current impact of Aptos Spot ETF applications on the crypto market

The announcement of Bitwise’s filing for an Aptos Spot ETF had an immediate and positive effect on the crypto market. In response to the news, 

, jumping more than 18% to around $6.48. This spike reflected investor optimism surrounding the potential approval of the ETF and the impetus it would provide for growing acceptance of Aptos in traditional financial markets.

The market’s reaction highlights a rising interest in alternative cryptocurrencies, as well as the anticipation of more diversified investment options. While the approval of the Aptos Spot ETF is still uncertain, the filing has already had a significant impact on market sentiment, demonstrating the powerful influence of regulatory developments on cryptocurrency valuations.

What will it mean if an Aptos Spot ETF application is approved?

​The approval of an Aptos Spot ETF by the US SEC would mark a significant milestone in the cryptocurrency and traditional finance sectors. 

Looking to capture the market and trade APT tokens? Bybit offers the 

The potential approval of an Aptos Spot ETF represents a transformative moment for both the crypto and traditional finance sectors. It promises increased accessibility and liquidity for Aptos, while also offering institutional and retail investors a regulated means to gain exposure to Aptos via its APT token. Enhanced price discovery and regulatory validation could stabilize the token’s value and boost market confidence. Finally, success in this application may pave the way for additional altcoin ETFs, broadening investment opportunities and further integrating cryptocurrencies into mainstream financial markets.

aptos etf.png

Aptos Spot ETF: Fast track to blockchain supremacy

Bybit Learn

DeFi

Blockchain

Altcoins

Kava Network is a Layer 1 blockchain that enables lightning-fast permissionless borrowing and lending by users with seamless interoperability.

Traditional banks are not necessarily the most favorable to individuals. The low-interest rates compounded by inflation devalue the money you save in them. And getting a loan is a cumbersome process that can end in failure. Decentralized finance (

) seeks to upend traditional finance by changing the game's rules. One of the DeFi platforms that have come to do that is Kava Network.

Developed to allow users to lend and borrow multiple cryptocurrencies within its network, Kava not only seeks to revolutionize the traditional finance industry, but also to improve the services of the current DeFi world.

 developed Kava Network as an open bank that allows users to earn more with their crypto assets holdings while providing capital to those who need it. Users are offered new ways of making a profit by receiving rewards when they move their assets to the platform.

 that are built on existing blockchains, 

. Layer 1 blockchains typically face the problem of limited 

. Kava Labs seeks to resolve this issue with its unique Co-Chain architecture.

The Kava ecosystem is the first DeFi platform built on Cosmos SDK that functions as an open-source, decentralized network. The Kava platform uniquely combines the strengths of two Co-Chain protocols: The power of the 

 Co-Chain and the seamless interoperability, speed, and low transaction fees of the 

 Co-Chain. This ensures that any decentralized finance application can integrate the Kava Network into its system to allow its users access to the platform's services.

As a decentralized financial service hub, Kava aims to help users maximize profit on their crypto assets by providing multiple services offering profit opportunities.

Kava Network has various protocols that offer different permissionless services to achieve its aim.

 (formerly Kava CDP). The platform mints a 

 for users who want to borrow. With Kava Mint, you can deposit your major crypto assets as collateral to borrow USDX, the stablecoin minted by the platform, for little to no interest.

This is ideal for coins that you wish to 

. When you take out USDX loans, you can hold on to your 

 and profit without trading your assets. 

 service allows users and investors to supply funds to Kava’s 

 and receive a yield on their investments. 

General market conditions determine current yield rates. For example, if there’s a low supply of Ethereum, the rate of yield of that investment on Kava Lend will be high, and vice versa.

When you supply your crypto to Kava’s borrowing pools, you can earn more APY while simultaneously collecting more rewards. Thereafter, you can borrow any coin against your collateral and re-supply, thus increasing your rewards.

The third service that the platform offers is 

 USDX tokens at fees lower than those of centralized crypto exchanges. Before swapping, you can scout for profit chances when the individual pool rates fall beneath the market standard. 

Kava Swap uses an automated market maker (

) to facilitate trades. Unlike an order book, which requires a seller for a trade before a person can purchase a cryptocurrency, the AMM allows a trade to be carried out as the trade occurs between a 

 — which has a stable supply of cryptocurrencies — and a buyer. This is made possible because the Kava Swap connects liquidity from other blockchains.

With Kava Earn, users can supply their assets and earn rewards, and maximize their returns by participating in liquidity pools and other financial activities on the platform.

Kava Staking lets you lock up your KAVA tokens in the network to support its security and operations. In return for staking KAVA tokens, users earn rewards in the form of additional KAVA tokens. Staking helps maintain the network's integrity and functionality, while the rewards serve as an incentive to participate in this process.

Kava Liquid offers a streamlined liquid staking mechanism for staking KAVA tokens and receiving 

 in return. By supplying or staking your KAVA, you can easily convert it into its liquid form, bKAVA, which can then be channeled into KAVA Earn, a yield optimizer that subsequently directs it to Kava Boost. Essentially, Kava Liquid Staking enhances your KAVA staking experience by integrating it with the KAVA Earn feature.

The Ethereum Co-Chain enables the Ethereum ecosystem to effectively merge with the Kava Network. This protocol provides an 

(EVM)–compatible program execution environment on the Kava Network. The setup allows developers skilled in 

 to craft DApps that not only operate within the Ethereum framework, but also harness the enhanced scalability and security features of the Kava Network.

Built on the Cosmos SDK, Kava offers a robust blockchain framework known for its scalability. The Cosmos Co-Chain serves as a bridge linking Kava to Cosmos, whose vast ecosystem comprises over 35 different blockchains developed using the Cosmos SDK that collectively represent assets worth over $60 billion. 

Kava DAO is the decentralized management team that governs the Kava Network's robust Co-Chain architecture. It’s a fully decentralized autonomous organization (

) which is responsible for the smooth operation of the network.

Kava DAO consists of those who stake the KAVA token and the network's validators.

As a truly decentralized organization, it makes various decisions on the network — including the distribution of on-chain incentives updates, etc. — without the arbitrary control of a single entity.

As mentioned above, Kava features a crypto-backed stablecoin called USDX. Besides its stablecoin, it has three native tokens — KAVA, HARD and SWP.

 of the Kava network. Holders use it to secure the platform, vet governmental decisions and represent a share of the network. The KAVA token also governs the Kava Mint protocol. This means that KAVA token holders can vote for all developments on Kava Mint.

Meanwhile, the Kava Lend protocol is governed by the HARD token, while SWP is Kava Swap’s governance token. The Kava Lend protocol rewards both lenders and borrowers with HARD tokens. Liquidity providers can earn SWP tokens in Kava Swap.

There is a total supply of 711 million KAVA tokens, with a circulating supply of 711 million and a market cap of $495.7 million. Its current market cap is close to $495.7 million. 

of the Cosmos network was developed to support proof-of-stake systems like Kava so that it can provide seamless scalability.

The engine's impressive speed means it can process an unrivaled amount of transactions in minutes. Moreover, the lightning-fast speed doesn’t weaken its decentralized feature or the security of the network, offering a viable solution to the 

. This gives Kava an edge over DeFi competitors like 

, which are built primarily on the Ethereum network.

Kava's incorporation of the two Co-Chains enables developers to seamlessly connect their projects with a wide variety of assets, and millions of users within a single network.

On-chain incentives for developers will attract the best hands in the Ethereum and Cosmos ecosystems to build projects and DApps on the existing Kava blockchain.

The Inter-Blockchain Communication feature of the Cosmos ecosystem enables blockchains built on the same network to communicate. The Cosmos SDK has been used to develop over 30 blockchains specialized for various purposes.

This means Kava can implement favorable features from other open-source networks, thus increasing its growth.

Though termed a stablecoin, USDX may not be as stable as this category implies. It de-pegged in early May 2022, 

 like TerraUSD (UST), USDX is a stablecoin backed by a variety of crypto assets as collateral reserves, so the collapse of a single crypto asset could greatly affect the stability of the coin. Before the collapse of UST, USDX had included UST in its collateral loan; hence, when UST lost its value, USDX was implicated. 

Kava is a relative newcomer to the major Layer 1 networks that lead the crypto market today, so it has to compete for relevance with the older networks. For example, Bitcoin is about ten years older than Kava, and the major smart contract network, Ethereum, is also much older. Since they came on the scene first, they’ve attracted larger market shares. Therefore, Kava will have to do more to gain prominence.

The current price of KAVA is $0.684488 (as of Aug 25, 2023). It reached an all-time high (ATH) of $9.12 on Aug 30, 2021 and an all-time low of $0.287137 on Mar 13, 2020. Although its current price is 92.49% below its ATH, experts are positive that the KAVA token’s price will rise in the next few years.

Analysts from PricePrediction forecast that the 

 by the end of 2023, $2.36 in 2025 and $4.70 in 2027. KAVA is then expected to break its ATH and increase to $14.91 in 2030. 

This positive growth outlook is supported by DigitalCoinPrice, whose experts believe 

 by 2023, $2.48 in 2025, $3.12 in 2027 and $7.10 in 2030.

Is Kava Network (KAVA) a Good Investment?

Kava Network has broken the deadlock by virtue of its cross-chain functionality within a single network. Although it wasn't the first blockchain to achieve this, combined with its other features it’s undoubtedly a major addition to DeFi.

With its scalability ensured by the Tendermint Core consensus engine, DeFi is now sure to be able to serve very large and complicated economies, which are accompanied by millions of transactions.

Kava’s service spectrum is impressively broad. Notably, Kava Labs ventured into the 

 and NFT realms in May 2022, indicating its adaptability to emerging trends. The inauguration of the Kava Network mainnet has further solidified Kava’s commitment to seamless cross-chain services. 

While the crypto domain faced a bearish trend in the early months of 2022, the market’s potential rebound could see a surge in bullish sentiments toward investments like Kava that showcase promising growth trajectories.

 highlight significant developments, suggesting that Kava is continuously innovating and expanding its offerings. This makes it a potential investment to watch in the crypto space. 

While all investments come with inherent risks, Kava’s consistent advancements and adaptability to the evolving DeFi landscape make it a compelling consideration for investors. Always 

 and consult with financial experts before making any investment decisions.

The three types of individuals who will find Kava an attractive investment include:

If you’re interested in trading KAVA tokens, you’ll be glad to know that Bybit offers both the KAVA/USDT Spot trading pair and KAVAUSDT Perpetual Contracts. To get started, you’ll need to first establish a Bybit account and fund it with cryptocurrency. Then, you can navigate to the 

While Bybit has offered KAVAUSDT Perpetual Contracts all along, the KAVA/USDT Spot trading pair is a new addition to the Bybit trading platform. In celebration of this listing, Bybit is holding 

 for users to share from a total prize pool of 150,000 KAVA tokens.

For the first event, simply be among the first 2,000 new users to complete the following two steps from Aug 22, 2023, 10AM UTC through Sep 5, 2023, 10AM UTC to receive 50 KAVA:

The second event is exclusively for existing users who already have an account with Bybit prior to Aug 22, 2023, 10AM UTC. You can earn 10 KAVA by accumulating a deposit volume of at least 100 USDT worth of KAVA from now through Sep 5, 2023, 10AM UTC, or depositing 100 USDT and buying at least 100 USDT worth of KAVA using your Bybit account. Please note that the rewards will be distributed on a first come, first served basis to the first 5,000 existing users.

The Kava platform has bright prospects of changing the lending and borrowing niche in the DeFi ecosystem. With not just one but six protocols, Kava diversifies its financial services, allowing people to not just lend and borrow, but to mint, swap and earn tokens as well.

In addition, the unique Co-Chain architecture of the network allows major blockchains to participate and encourages scalability. This sets the stage for DeFi to be more widely adopted in the world economy.

The cross-chain framework is still in its early stages of development, so we can expect even more exciting updates that will take Kava to the next level.

Kava Network (KAVA): Cosmos' Speed Meets Ethe​​reum's Power

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards

Kava Network (KAVA): Cosmos' Speed Meets Ethereum's Power