Bybit Crazy Thursday: 200% APR on USDC Earn Pools
Bybit Crazy Thursday opens new seven-day Earn pools every Thursday. This week features USDC stablecoin with promotional rates of up to 200% APR for new users and 15% APR for existing users. The Bybit Crazy Thursday campaign offers rotating token rewards across fixed and flexible products. Users can stake USDC in Earn pools for a week. Rewards are credited within 12 hours after interest collection. Previous editions included SOL. Future promotions will highlight leading cryptocurrencies and stablecoins. Participants must be eligible for Bybit’s Savings services. Access depends on jurisdiction. Crazy Thursday aims to boost short-term yields and showcase top digital assets on Bybit. Traders can leverage these high APR offers to enhance crypto earnings.
Bullish
Bybit’s launch of a USDC Earn pool offering up to 200% APR is likely to attract significant capital to the platform, increasing demand for USDC and boosting trading volumes. Similar high-yield stablecoin promotions by exchanges like Binance and OKX have rapidly increased liquidity and user engagement. In the short term, traders are expected to convert assets into USDC and lock them in for attractive returns, driving overall market capital flows. Over the long term, such promotional campaigns can help Bybit expand its user base and strengthen its market position. However, extremely high APRs may not be sustainable, and subsequent rate adjustments or program changes could introduce market volatility. Overall, this high-yield promotion is positive for liquidity and activity, exerting a bullish influence on market sentiment.