bbSOL TVL Surpasses $500 Million, Ranks Among Solana's Top 10

BlockBeats News, September 12 – According to DefiLlama data, the Total Value Locked (TVL) of Solana's liquid staking token bbSOL has exceeded $500 million, placing it among the top 10 on Solana. bbSOL was launched by Bybit on September 5, 2024, aiming to provide users with an efficient SOL liquid staking solution. Over the past year, bbSOL has accumulated over 2 million SOL staked and has more than 80,000 users. Currently, bbSOL has been integrated with over ten DeFi and CeFi projects, including Sanctum, Kamino, Fragmetric, Raydium, Orca, RateX, Solayer, Jupiter, marginfi, and Save, with its application scenarios continuously expanding.