Bybit has introduced the Alpha Affiliate Commission program, enhancing its affiliate structure to allow participants to earn from on-chain trading fees, effective immediately on its global platform.
This program could boost user engagement and trading volumes while integrating on-chain opportunities with traditional exchange offerings.
Bybit revamps its affiliate program, allowing up to 30% commission on trading fees, boosting engagement.
The newly launched Alpha Affiliate Commission Program by Bybit is poised to increase trading activity by offering competitive referral commissions. This development marks a pivotal shift in Bybit's approach, integrating more on-chain trading opportunities.
Bybit Launches 30% Commission in Affiliate Strategy
Bybit has unveiled its Alpha Affiliate Commission program, enhancing its affiliate structure. The initiative grants commissions on on-chain trading fees in addition to Spot and Derivatives earnings, promoting increased engagement and activity.
The program involves Bybit, the second largest global crypto exchange by trading volume. It features up to 30% commission for affiliate referrals, indicating a strategic expansion into on-chain and Web3 solutions. "Bybit Alpha just leveled up — Affiliates can now earn commission from Alpha trading fees, on top of Spot, Derivatives and Earn products."
Increased Trading Activity Expected from Affiliate Incentives
The new program is likely to stimulate higher trading activity on Bybit Alpha. By offering competitive commission rates, affiliates are incentivized to engage larger audiences, potentially boosting the liquidity of listed pairs.
The program may influence trading volumes on ETH, BTC, and high-yield tokens. It aims to bridge centralized and decentralized models, enhancing network effects without immediate regulatory or institutional shifts.
On-Chain Fees Strategy Marks Departure from Tradition
Compared to previous campaigns, this initiative integrates on-chain trading fees, marking a deviation from Bybit’s traditional focus on centralized trades. Past programs primarily targeted fee splits among Spot and Derivatives products.
Experts suggest the strategy could drive higher user engagement by combining CEX and DeFi models. Long-term, it might increase volumes for emerging altcoins and trending DeFi tokens based on past liquidity incentives.