According to ChainCatcher, RootData, a Web3 asset data platform, has compiled a list of Bybit's 30 Web3 business partners, covering multiple key levels including institutional custody, stablecoins, blockchain infrastructure, DeFi protocols, and real-world payments.
From a funding perspective, partnerships with Circle , Tether , and Ethena indicate that Bybit has begun to deeply participate in stablecoin and RWA-related liquidity structures. In particular, RWA protocols such as Ondo and Backed are essentially helping on-chain funds gradually connect to US Treasury bonds, real-yield assets, and traditional financial markets.
In terms of blockchain infrastructure, Bybit's deployment covers mainstream networks such as Mantle, Solana, Sui, and TON, while also extending to restaking systems like EigenLayer and Solayer. This signifies Bybit's expansion into the on-chain yield and asset issuance layer. At the on-chain liquidity layer, Bybit collaborates with protocols such as Aave, Kamino, Raydium, Orca, and Sanctum, using bbSOL to further enhance its DeFi yield and asset circulation capabilities.
What truly deserves attention is its institutional infrastructure. Bybit has integrated with custody systems such as Fireblocks , Anchorage , Copper, Sygnum Bank, and Cactus Custody, and is connected to banks and payment networks like QNB Group, Pave Bank, and Thredd. With the influx of institutional funds, the biggest competitive advantage for crypto exchage has shifted from "matching capabilities" to "asset security and clearing capabilities." Especially after the North Korean hacking incident, the custody system has become the most critical component of exchange infrastructure.
Meanwhile, Bybit's global brand strategy is also evolving. In recent years, it has partnered prominently with top sports IPs such as Oracle Red Bull Racing . However, it has gradually shifted its focus to high-growth regions like the Middle East, establishing connections with institutions like the Dubai DMCC. Its brand logic is shifting from "traffic exposure" to "regional financial resource integration." Related compilation: [ Bybit Web3 Partner Network Compilation (Continuously Updated) ]
Crypto projects proactively showcasing their partner networks has become a key way to enhance transparency and market trust. RootData reportedly welcomes Web3 projects to contribute their information and continuously tracks and opens up more channels for disclosing project business relationships. The platform has already released multiple crypto project ecosystem maps, nominating Web3 ecosystem partners serving upstream clients such as Visa, Mastercard, and Coinbase.
If you would like to nominate your project in future ecosystem mappings, please fill out the 【 RootData 2026 Industry Ecosystem Mapping 】 form to add your key clients and partners.
