Key highlights:
- Bybit Web3 collaborated with TON Foundation, TON Society, and TON X during Devcon 7, exploring TON blockchain’s community-driven development and scaling.
- The exchange’s market share in TON assets surged from 3% in 2023 to 17% in 2024, solidifying its leadership in TON pair trading.
- Bybit Web3 participated in critical panels and discussions, highlighting its commitment to fostering TON’s adoption globally.
Engaging the TON ecosystem at Devcon 7
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, took an active role at Devcon 7 in Bangkok, Thailand. Known as the premier event for Ethereum and blockchain innovation, the conference brought together developers, industry leaders, and enthusiasts to discuss emerging technologies, including advancements in the TON ecosystem.
What an amazing crowd at the @dmcccrypto Web3 Unleashed Hackathon! Together with Helen Liu our COO, we presented Bybit. Showing our trust in the future of web 3 innovation! 🔥 #BybitWeb3 pic.twitter.com/F6pZwZNZ8u
— Bybit (@Bybit_Official) November 20, 2024
Bybit Web3’s presence built on the momentum of the TON Ecosystem Fiesta, a flagship event held with 14 key partners. At Devcon 7, the team collaborated with TON Foundation, TON Society, and TON X to host events and panels, addressing ecosystem scaling, adoption strategies, and community-led development.
Being a part of Devcon 7 provides a remarkable platform for us to deepen our support for the TON ecosystem. TON’s robust technology and its engaged community hold immense promise in shaping the Web3 landscape. At Bybit Web3, we remain committed to empowering users by providing access to transformative blockchain solutions, and we see TON playing a pivotal role in this journey.
–MK Chin, Head of Marketing at Bybit Web3
Highlights from Bybit Web3’s participation
Bangkok Hackers League Bootcamp
MK Chin, Head of Marketing at Bybit Web3, second from the right, shared her views at the panel discussion titled “Building on TON: Insights from Leading Innovators” at Hackers League Bootcamp organized by TON Society. (Source: Bybit)
MK Chin joined a panel at this developer-focused event to discuss the technical opportunities and challenges of building on the TON blockchain. The session offered insights into TON’s framework and its potential for Web3 integration.
TON & Telegram Eco Summit
Stephy Shi, Head of Product Operations at Bybit Web3, second from the right, joined the panel titled “Key to Mass Adoption: Ride the Next Wave on TON”. (Source: Bybit)
Stephy Shi, Head of Product Operations at Bybit Web3, participated in a panel titled “Key to Mass Adoption: Ride the Next Wave on TON.” Discussions centered on leveraging Telegram integrations and community engagement to drive sustainable adoption of TON-based technologies.
Bybit’s leadership in TON’s growing ecosystem
Bybit Web3 continues to expand its role within the TON community. Since early 2023, the platform has increased its market share for TON ecosystem assets from 3% to 17% by late 2024. It also dominates TON pair trading, accounting for over 20% of the market by volume.
These milestones reflect Bybit’s strategic focus on fostering global adoption of Web3 technologies through innovation, partnerships, and user-centric solutions.
About Bybit
Bybit, established in 2018, is a leading cryptocurrency exchange recognized for its derivatives trading platform. Offering up to 100x leverage on BTC/USD perpetual contracts, Bybit provides traders with advanced tools and features. The platform boasts order execution speeds significantly faster than the industry standard, ensuring efficient and reliable trading experiences.
With 24/7 multilingual customer support, Bybit emphasizes user engagement and education, aiming to create a transparent and fair trading environment. The exchange is committed to delivering informative content to empower users and bring a human touch to the cryptocurrency industry. As of November 2024, Bybit stands as the world’s second-largest cryptocurrency exchange by trading volume, serving a global user base with innovative solutions and a focus on security and transparency.
The bottom line
Bybit Web3’s involvement at Devcon 7 underscores its dedication to advancing the TON blockchain and the broader Web3 ecosystem. Through collaborative initiatives, insightful discussions, and market leadership, Bybit Web3 continues to champion the growth and adoption of decentralized technologies worldwide.
Interested to see where TON could go in the future? See our TON price prediction for 2040 & 2050.
