Is Bybit Staked SOL (BBSOL) a Scam? Rated CC

Project Safety Score: 43%

Updated 2 weeks, 3 days ago

Bybit Staked SOLBBSOL

Market Cap$119606466

24hr Volume$4224840

24hr Change-3.6%

Price$104.7

Coverage: 5 buckets · 60% resolved

Concerns raised - see Red Flags below

Scoring rubric: Smart-Contract Token - scored on contract safety, liquidity, holders, team, social

Liquidity
& Market

58 B

100% · medium

Team
Credibility

-

0% · low

Social
Behavioral

63 BB

33% · low

Contract
Mechanics

5 F ⚠

33% · medium

Holder
Distribution

-

0% · low

Community Rating

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🤷 Mid

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BBSOL Bybit Staked SOL Details

Project Website

bybit.com/en/web3/staking/BybitSOL

Socials

Tags

Decentralized Finance (DeFi)Solana EcosystemLiquid Staking TokensLiquid Staked SOLLiquid Staking

BybitSOL is Bybit's gateway into the Solana DeFi ecosystem, giving users multiple options to earn from multiple off and on-chain yield sources.
Key Takeaways:

bbSOL allows users to earn staking rewards on Solana while retaining liquidity, making it a versatile tool in the realm of DeFi.

Bybit's liquid staking protocol automatically reflects rewards in bbSOL's value, enabling seamless participation in DeFi activities without manual intervention.

Despite potential risks, such as slashing and value fluctuations, bbSOL's security, fee structure and multiple use cases make it a strong option for maximizing crypto assets.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

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