Bybit unveils Listing Billboard to enhance token project transparency

Bybit, the second largest exchange of cryptocurrency in the world in volume of negotiation, announced on February 17, the introduction of a disclosure framework for the tokens listed.

This initiative, the first of its kind among centralized exchanges, requires projects to share detailed financial and operational data, providing users with deeper information and supporting more enlightened decision -making.

Bybit’s display panel: a step towards transparency

The initiative presents Billboard of Bybit, a dedicated section where the projects listed will regularly publish key measures, performance data and financial reports. This framework allows investors to offer transparency beyond initial token, which gives a clearer image of the growth and financial health of a project.

The first project to adopt this new disclosure model is SocalWho has already shared his main performance indicators, a month after his list. He finished a successful series of $ 15 million, a financing tour like reported by crypto.News. These include:

• Total locked value: $ 190.80 million
• Monthly active users on the website: 9.79M
• Monthly active wallets: 309,570
• Chain transaction volume: $ 261.3 million

The disclosure framework covers five key areas: the main finances, tokens measures, chain activity, governance and community and risk disclosure. This complete approach allows merchants to monitor project performance over time, assess network health and understand how projects are evolving.

A commitment to transparency in a changing market

“Bybit undertakes to provide the level of transparency that our users expect,” said Emily Bao, spot manager and web3 in Bybit. “The initiative will benefit traders at their research stadium and allow them to follow the performance of the project over time, and we are delighted to have Sosovalue as the first partner on board.”

Jivvva Kwan, co-founder of Sosovalue, shared this feeling, declaring:

“Sosovalue and Bybit share the ethics of openness and authenticity, a trademark of the cryptographic community and DEFI. We are proud to be the first 100% transparent project on Bybit and define the bar in the confidence building. »»