PANews reported on December 8 that, according to Coingecko data, Bybit's market share of MON spot trading volume has exceeded 15%, making it the world's largest MON trading center.
With the surge in MON trading activity, Bybit's ongoing "MON Alpha Token Splash" campaign continues to boost user engagement and directly drives the rapid expansion of trading and staking volumes in the MON-USDC liquidity pool on Alpha, currently boasting an annualized yield of 946%. MON on Bybit Alpha offers a dual-channel system for trading and staking, allowing users to participate in trading activities while simultaneously earning staking rewards, effectively reducing overall transaction costs.
Bybit Alpha Farm provides users with on-chain access, allowing them to earn higher returns from on-chain liquidity pools simply by accessing Bybit Alpha through their Bybit accounts. Meanwhile, other multi-phase investment pools within Bybit Alpha Farm currently offer annualized returns exceeding 100%.

Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more

