Bybit TradFi is bringing traditional markets to the Bybit App, with advanced tools and competitive fees. This guide shows you how to get started, what assets are available and how to trade — no third-party apps required.

 (formerly Bybit Gold & FX) now enables users to trade traditional financial assets, including gold, forex, commodities and stock CFDs, directly from the 

Whether you're looking to diversify beyond crypto or explore leveraged positions in traditional markets, Bybit TradFi brings it all together in one place, with advanced tools and competitive fees. This guide shows you how to get started, what assets are available and how to trade — no third-party apps required.

 is the newly rebranded version of Bybit Gold & FX. It offers crypto users seamless access to traditional financial markets. Built with the same user-first ethos that shaped its crypto offerings, Bybit TradFi bridges the gap between digital assets and real-world finance.

Bybit TradFi traders can access over 100 global markets, including forex pairs, commodities, indices and 78 stock CFDs, all using USDT as collateral. This lets crypto-native traders diversify their portfolios without converting funds into fiat or using third-party tools.

, offering advanced charting, algorithmic trading via 

 (EAs) and deep liquidity. Whether you’re trading manually or using automated strategies, the platform delivers a flexible, pro-grade experience.

In May 2025, Bybit expanded its TradFi platform by 

. This update introduced 78 major US stock 

The offering allows traders to speculate on stock price movements without owning the underlying shares. With up to 5x leverage, and the ability to use USDT as collateral, it’s designed to meet the needs of crypto-native users looking to diversify into traditional markets.

Bybit TradFi brings global markets to the Bybit App

On Jun 13, Bybit TradFi announced a major update — users can now trade global assets (forex, gold, stocks, commodities and indices CFDs) directly on the 

. Previously, Bybit TradFi users are required to install the MetaTrader 5 (MT5) app to trade traditional markets. Now, traders can access TradFi trading contracts alongside Spot crypto pairs, Perpetual futures trading pairs, crypto options and more — all on the powerful and feature-rich Bybit App (update the app to 

Bybit’s TradFi interface makes accessing forex markets simple and intuitive. With USDT as margin, you can open positions on popular currency pairs such as NZDUSD+ directly from the Bybit App.

Bybit TradFi brings everything together: crypto, forex, gold, oil, indices and stocks CFDs, all in one powerful platform. With USDT as margin, you can seamlessly transition between asset classes without needing to switch apps or accounts. The experience is fast, intuitive and built for crypto natives who want to use institutional-grade tools and leverage to explore traditional markets.

Whether you're trading AAPL, XAUUSD+ or EURUSD, the Bybit App offers simplicity, speed and flexibility — all from the palm of your hand.

Beginner

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Bybit TradFi: How to trade gold, stocks, FX & more on the Bybit App

USDC is now live on the XRP Ledger, expanding its native support to 22 blockchains.

Daily top performer — Solv Protocol (SOLV)

The S&P 500 rose 0.38% and is on track for weekly gains, as cooling inflation boosts Fed rate cut hopes, despite new tariff concerns. Gold surged above $3,425 amid rising Middle East tensions and growing expectations of Fed rate cuts, as investors seek safe-haven assets. The Coindesk Indices, which tracks the broader crypto market, fell 7.20%, with Bitcoin and Ether down 1.79% and 6.13%, 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 SOLV, up 5.9% after SolvBTC unlocks DeFi liquidity with new USD1 lending market on Lista DAO.

Solv Protocol (SOLV), founded in October 2020, is an on-chain Bitcoin reserve that lets BTC holders earn yield by swapping BTC or WBTC for SolvBTC, which can be used in DeFi or staked via liquid staking tokens across chains. With $2.7B TVL, it bridges Bitcoin and DeFi for over 590K users. 

, enabling SolvBTC holders to use their tokens as collateral to borrow USD1, a stablecoin on BNB Chain. This unlocks new liquidity and utility for SolvBTC without requiring users to sell their BTC, enhancing DeFi opportunities for both Solv and Lista communities.

Check out the latest prices, charts, and data of 

, expanding its native support to 22 blockchains. Circle highlights its use for enterprise B2B payments, DeFi liquidity, and financial infrastructure apps, offering faster, more transparent settlement options.

Yesterday, BTC spot ETFs saw total net outflows of $202 million, with GBTC posting a small inflow of $5.9 million while non-GBTC ETFs recorded $207.9 million in outflows.

TAC, a Layer-1 TON Adapter enabling EVM dApps on Telegram, is 

 its Genesis Soulbound NFT collection on June 17–18. The 10,000-supply mint is priced at 30 TON and is non-transferable. Eligible EVM contributors can check and whitelist their wallets for potential perks, possibly including a future airdrop.

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USDC expands to XRP Ledger, unlocking new use cases in payments and DeFi

In this article, we’ll explore how you can participate in the TON DeFi ecosystem and earn with Ethena.

The idea of earning passive income with crypto is always popular — and for a good reason. With Ethena now live on the TON blockchain, users can tap into a new world of yield opportunities. From staking to liquidity provision, Ethena's integration with TON creates multiple ways to grow your digital dollars. In this article, we’ll show you how to participate in the TON DeFi ecosystem and start earning with Ethena.

How to participate in the TON DeFi ecosystem

Before you begin earning rewards with Ethena, let’s first look at how you can participate in the TON DeFi ecosystem.

To begin, you’ll need a TON-compatible wallet that supports USDe and tsUSDe. Popular options include:

There are three ways to get USDe into your TON wallet:

Make sure you withdraw USDe to a TON wallet address that you control, and keep some TON in your wallet to cover transaction fees.

Once you have USDe, you can stake it to receive tsUSDe, the yield-bearing version of USDe on TON. Here’s how to do it in each wallet:

: Open the Wallet bot on Telegram, and tap on 

: Search for the MyTonWallet App bot on Telegram and launch the mini app.

: Launch the Tonhub app on your mobile device.

, and scan the QR code with your Tonkeeper wallet.

: Upon successful connection of your wallet, click on 

: Input the amount of USDe you would like to stake for tsUSDe. 

: The tsUSDe you receive from staking will automatically show up in your Tonkeeper wallet without any additional interactions.

How to earn with Ethena in the TON DeFi ecosystem 

Now that you’ve obtained USDe or tsUSDe, follow our guide below to find out how you can earn with either of these tokens in the TON DeFi ecosystem.

The simplest way to earn is by holding tsUSDe in major TON wallets. The Ethena protocol distributes dollar-based rewards to tsUSDe holders every eight hours, with a current APY of around 8%.

But that’s not all. You can also earn up to an extra 10% in Toncoin (TON) if you follow in-wallet instructions for boosted rewards, bringing your total potential yield to 15–20% APY.

: Stake USDe for tsUSDe in your wallet via 

: Follow any additional steps for boosted APY within the wallets.

You can also earn rewards using USDT by staking it into an Ethena-powered vault within the Telegram Wallet.

: Locate the Wallet feature on Telegram, either by typing @Wallet in the search bar or by tapping on the 

: Stake your USDT into the Ethena-powered vault and earn rewards regularly.

Alternatively, you can pair USDe or tsUSDe with USDT on major 

 (DEXs), such as STON.fi and DeDust, in order to earn swap fees, Ethena rewards and potential TON rewards.

: Add equal values of both tokens (USDe/tsUSDe and USDT) to minimize 

Ethena’s integration with TON is a powerful combo for anyone looking to earn steady yield in crypto. Whether you’re holding tsUSDe, staking USDT or contributing to DEX liquidity, there’s a strategy for every type of user. Start today and let your crypto dollars work for you!

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How to earn with Ethena in the TON DeFi ecosystem

Ethena has launched on TON and introduced tsUSDe, a reward-bearing, TON-native version of sUSDe, in order to bring passive earning opportunities to Telegram’s massive user base.

As Telegram’s ecosystem rapidly grows, so too does the opportunity to bring 

 (DeFi) to a wider global audience. The recent launch of Ethena on TON is a prime example, unlocking new ways for users to earn dollar-based yields while seamlessly tapping into Telegram’s enormous user base. In this article, we’ll learn about Ethena and TON, explore how they work together and show you how to earn with tsUSDe across the TON DeFi ecosystem.

Ethena is a synthetic dollar protocol that offers a crypto-native alternative to traditional stablecoins through its USDe and sUSDe assets.

Ethena enables users to hold and earn with USDe, a stable asset backed by a delta-neutral hedging mechanism, and sUSDe, which adds a yield-bearing layer. Now, with its integration into the TON blockchain, Ethena is expanding its reach beyond Ethereum to tap into Telegram’s billion-strong community.

 blockchain initially developed by Telegram and now maintained by the TON Foundation.

. Its native token, Toncoin (TON), powers transactions and staking. Thanks to its close integration with Telegram, TON is positioned as one of the most user-accessible blockchains today.

What sets TON apart is its direct access to Telegram’s user base. Since early 2025, Telegram has officially designated TON as its exclusive blockchain partner, solidifying a collaboration that began in 2023 with the rollout of TON-based mini apps.

Telegram’s distribution power, with over 1 billion monthly active users, gives any project built on TON instant visibility and scale. This makes the network a unique gateway to onboard Web 2.0 users into web3, especially in regions with high Telegram adoption.

Ethena’s integration with TON is more than just a technical milestone — it’s a strategic move to democratize access to DeFi and dollar-denominated yields. By launching on TON, Ethena makes it possible for users to interact with USDe natively within the Telegram ecosystem without needing to bridge across blockchains.

Users on Bybit can also withdraw USDe directly into any TON-compatible wallet, making it even easier to participate.

As part of the launch, Ethena introduced a new token: tsUSDe (TON-staked USDe). This is a TON-native version of sUSDe, meaning it carries the same reward-bearing mechanism, but is minted on the TON blockchain.

To obtain tsUSDe, users can simply stake USDe via Ethena’s staking interface with their selected TON networks. This unlocks earning opportunities directly within TON, without needing to interact with Ethereum or other chains.

The benefits of tsUSDe include the following:

How Ethena is powering the TON DeFi ecosystem

Ethena’s entry into TON marks one of the most important integrations in the network’s DeFi growth to date. As tsUSDe spreads across the ecosystem, users can already interact with it across a range of platforms — from wallets to lending apps. 

These integrations create a web of earning opportunities from staking and liquidity provision to lending and borrowing, all accessible through Telegram’s familiar interface.

The launch of Ethena on TON is more than just another chain expansion; it’s a step toward bringing stable DeFi opportunities to the masses, especially through the convenience of Telegram. With tsUSDe, users can now earn passively while exploring the TON ecosystem’s fast-growing 

If you're looking to diversify your earning strategies, or simply want an easier way to access DeFi, this integration is worth checking out. As more platforms begin to support tsUSDe, Ethena is well-positioned to become a core building block in the TON DeFi landscape.

Intermediate

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Ethena on TON: Boosting rewards for users

Indicators

Investing

Trading

Looking to time your entry and exit into the crypto market? Avoid selling the bottom and buying the top with the WIlliams %R indicator!

 will tell you the story, while technical analysis is what signals when to get into and out of a trade. 

 will help you see the direction of the current trend, and when the market is overbought and oversold. The Williams %R is a tool that helps traders identify trend direction, and signals when to buy and sell. In this article, we’ll learn about this relatively unknown indicator, as well as four strategies to trade with it.

Williams %R is a momentum indicator used in technical analysis that measures whether a crypto asset is overbought and due for a correction, or oversold and about to begin a new rally.

Williams %R, also referred to as %R or Williams Percent Range, was developed by Larry Williams and first introduced in his 1979 book, “

How I Made One Million Dollars … Last Year … Trading Commodities.

 In 1973, the United States formally removed itself from the gold standard and inflation was high and rising. As a result, many commodities experienced strong trends, similar to the cryptocurrency trends we’re witnessing today.

When a market experiences strong trends, you want to utilize momentum indicators and tools to help you identify trading opportunities. Williams %R is a momentum indicator that generates easy-to-follow trading signals which allow traders to time their entries and exits.

In essence, the calculation determines how close the current price is to a recent high or low. For example, a reading of −10 suggests the asset is within the top 10% of the range. On the other hand, a reading of −90 suggests the asset is within the bottom 10% of the range.

The %R is a bounded oscillator. This means (in this case) that the output values cannot be greater than zero or less than −100. Bounded oscillators are excellent tools for providing traders signals of overbought or oversold assets, as the signals are easy to read.

With Williams %R, a reading above −20 is considered to be overbought. If a cryptocurrency goes above −20, then it’s approaching its recent highs and may be due for a correction.

On the other hand, a reading below −80 is considered oversold, suggesting a bullish reversal may occur soon because the market has sold off hard.

, the Williams %R has both advantages and limitations.

First, as a bounded oscillator, Williams %R makes reading overbought and oversold signals fairly simple: −20 represents overbought and −80 represents oversold. No additional math calculations are needed to interpret when a crypto asset has become overbought or oversold.

The biggest limitation to a bounded oscillator is that markets can remain overbought or oversold for extended periods of time. For example, if the Williams %R is vacillating between −.05 and 0, it simply means that the market is hovering near its high for the defined lookback period.  

To put it another way, if the market is in a strong uptrend, it could experience %R readings in overbought territory for an extended period of time, with the opposite being the case for downtrends.

Another limitation to the Williams %R is the scale it uses. I believe %R was created with uptrends in mind and, therefore, intended for use in determining how close to the range high the market is. Thus, the market will always be a percentage off from the high, which is why Larry Williams multiplies the ratio by −100.

However, the scale is counterintuitive when you’re reading it. As humans, we easily understand uptrends and positive numbers. Negative numbers take more mental capital for us to comprehend. Therefore, with nearly all readings of the Williams %R in negative territory, it requires more energy for us to interpret the numbers.

Williams %R is a versatile oscillator, and yields many uses. It has a variety of patterns which provide fruitful buy and sell signals. Below, we’ll share four strategies that a crypto trader can use with the Williams %R indicator.

One of the advantages of the Williams %R is its clearly defined overbought and oversold levels.

When an asset is oversold and below −80, a trader can buy once the market crosses back up above −80. In overbought conditions, a crypto trader can wait to sell until the crypto market crosses below −20. The chart above is illustrated with green vertical lines representing buy signals, and red vertical lines representing sell signals.

We can add another layer to this simple strategy by filtering trades solely in the direction of a trend. The goal of this refined strategy is to only take advantage of signals that align with the larger trend’s direction, while ignoring counter-trend signals.

Above, we’ve removed the short signals, filtering only for buy signals as the Bitcoin trend is up. Notice that when Williams %R drops below −80 into the oversold region, a rally follows soon thereafter.

To sum up this strategy, a trader would buy in an uptrend when the %R crosses above −80, while ignoring all short signals. In a downtrend, the trader would short when %R crosses below −20, while ignoring all long signals.

Another way to use the %R is to focus on the midline at −50. 

Above, we’ve marked the middle of the oscillator with a dotted line at −50. When the Williams %R moves above this midline, it signals that the trend is up and may continue to move higher.

On the contrary, when the %R line is below the −50 midline, it suggests a weak market that may weaken further.

Obviously, the %R line will cross back and forth between bullish and bearish territory. But generally speaking, it stays contained within one zone for a while. Therefore, a trader could look to initiate positions when the indicator’s line crosses −50 in either direction.

Bullish and Bearish Oscillator Divergence

There are times when the oscillator will move independently of price action, creating divergence. When you spot this happening, it signals that a trend change may soon appear.

For example, on the 2-hour Bitcoin chart above, the price is trading higher from September 13–21. After a brief correction beginning September 21, Bitcoin rallies again to reach a new high.  

However, the %R oscillator does not rally to a new high. This divergence, with the oscillator not confirming the new high in price, is a bearish signal that suggests a correction may be at hand. In fact, within a few hours, Bitcoin fell 20%.

The opposite can also occur with bullish divergence.

This 4-hour Bitcoin chart from April 2021 illustrates an instance of bullish divergence. Bitcoin’s price falls going into the first low on April 23. The Williams %R oscillator is deeply oversold, and Bitcoin rallies a small amount.

Then, Bitcoin corrects lower again to reach a new low. However, the %R oscillator doesn’t  — which creates bullish divergence. Bitcoin goes on to rally 30% over the next several days.

There are times when the market is so strong that corrections are very shallow, tending not to become oversold. It’s during these strong markets that you want to be positioned well. The failure swing strategy can help.

On the Bitcoin daily chart above, you can spot when the Williams %R line is trying to correct lower. However, the market is so strong that the %R line barely drops below −50, and doesn’t reach the −80 oversold region.

This is a bullish failure swing because the swing low doesn’t reach oversold levels. If you spot situations like these on a chart, look for opportunities to position yourself to the long side.

With the benefit of hindsight, we can now see that Bitcoin rallied nearly 3× over the next four months as a result of this bullish energy.

Williams %R vs. Alternative Trading Indicators

As a bounded oscillator, there are some similarities between the Williams %R and other oscillators. It’s important to understand the similarities and differences between these oscillators so you can determine which one will work best for you.

Williams %R vs. Fast Stochastic Oscillator

The Williams %R calculates the market’s current level relative to the highest high for the lookback period. On the other hand, the fast stochastic oscillator, which moves between 0 and 100, compares the market’s current level to the lowest low. As a result, these two oscillators essentially do the same thing, and appear very similar on charts.

When you inspect these two formulas, you’ll see they look very similar — with two main differences. The first difference, which we’ve already discussed, is that %R compares using recent highs, while fast stochastic compares using recent lows.

The second main difference is the multiplier. Due to this discrepancy, the %R has a limited output range of 0 to −100, while the fast stochastic oscillator has a range of 0 to +100.

 indicator. Similar to fast stochastic, the RSI indicator also measures between 0 and 100. However, the similarities end there.

The RSI calculation involves averaging the “up” days against the “down” days. In essence, it’s figuring out the strength with which the crypto market rallies on its bullish days vs. its weak  corrections on bearish days. RSI is used to calculate how much a market moves on average.

Notice the difference with the %R, which is a pure price comparison against a range high or low. The Williams %R is calculating how close the current price is to the range high and low.

As a result, you’ll tend to receive completely different values when comparing the RSI to the Williams %R.

Within the Williams %R in the example above, oversold readings below −80 are easy to come by. However, the corresponding RSI readings never do reach the oversold level of 30. As 

 is in an uptrend at the time, its relative strength is apparent in the RSI oscillator, with correspondingly high readings.

The Williams %R tool is excellent for helping traders clearly identify overbought and oversold levels for cryptocurrencies. %R is also versatile, as there are four different strategies a trader can deploy when using the oscillator, from simple “buy the dips” to swing failures.

Though the %R scaling isn’t the most intuitive, traders who have worked with stochastic or RSI oscillators will be familiar with how to use Williams %R as an indicator of overbought and oversold markets.

How to Use Williams %R to Identify if a Crypto is Overbought or Oversold

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How to Use Williams %R to Identify if a Crypto is Overbought or Oversold

Grab Up to 5,000 USDT in Rewards

Compete for 2,500 USDT USDT Every Week

Grab Up to 5,000 USDT in Rewards