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Bybit Staked SOL Review 2026: Exchange-Run Solana Liquid Staking

Bybit Staked SOL (bbSOL) is a liquid staking token for Solana issued through the Bybit exchange and Bybit Web3. It has about $141M in TVL, but audits and fees are not published publicly we reviewed.

Solana

By the DappsAtlas editorial team · Updated Nov 4, 2026

DappsAtlas score

6.5/10

Good

Visit Bybit Staked SOL

Our verdict on Bybit Staked SOL

6.5/10

Bybit Staked SOL suits Solana holders who already use Bybit and want staking rewards while keeping a tradable token. Its main strength is convenience and scale, with about $141M in TVL and entry from the exchange or Bybit Web3. The main caveat is transparency: public sources show no published fees, no listed audits and reliance on one exchange. Check the live yield, commission and redemption terms before depositing.

Score breakdown

How Bybit Staked SOL scores

Security: 6.0/10
Ease of use: 7.5/10
Fees: n/a
Features: 6.0/10

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is Bybit Staked SOL?

Bybit Staked SOL, or bbSOL, is a liquid staking product for Solana run through the Bybit exchange and its Web3 wallet. DefiLlama describes it simply as liquid staking SOL and tracks it on Solana only, with listing since 25 September 2024.

DefiLlama shows about $141.3M in TVL, down 8.5% over the past seven days. Public reporting shows market data pages with a market cap of roughly $148M to $150M, although the quoted prices vary between sources and dates.

Public sources's homepage covers Bybit as a trading platform for crypto, stocks, gold and forex, not the staking product itself. So details such as yield, fees, redemption and validator selection are not confirmed here. Readers should check those inside Bybit before depositing.

How Bybit Staked SOL works

Liquid staking lets you earn Solana staking rewards without locking your SOL in a way you cannot use. You deposit SOL, it is delegated to validators, and you receive a token in return. For Bybit, that token is bbSOL.

As staking rewards accrue, each bbSOL becomes redeemable for more SOL over time, rather than the balance of tokens growing. That is how many liquid staking tokens work, but public information here do not describe bbSOL's exact accounting, so confirm it in Bybit's documentation.

Public reporting says you deposit SOL on Bybit or in Bybit Web3 to get bbSOL. Because an exchange operates it, you rely on Bybit for the staking process, validator choices and redemption, in addition to Solana itself.

5 features

Key features

Liquid staking token

Deposited SOL is staked and you receive bbSOL, which represents your position and can be held or moved instead of being locked.

Two entry points

Public reporting says SOL can be deposited on Bybit or in Bybit Web3 to receive bbSOL, so users can enter from either route.

Solana-native

The product runs on Solana, and DefiLlama categorises it as liquid staking for SOL.

Validator distribution

A Bybit margin staking page in the results says staked SOL is spread across several validators, but the project does not say whether this applies to bbSOL itself.

Secondary market presence

Public reporting shows BBSOL price pages and lending and borrowing rate comparisons, which suggests it can be used beyond the Bybit app.

Pros and cons

What we like

Backed by a major exchange, with direct entry from Bybit or Bybit Web3
About $141M in TVL on Solana suggests meaningful use
Gives staked SOL a tradable token, so the position stays liquid
Public reporting shows price tracking and rate comparison pages, so it is visible beyond Bybit
Simple one-token design focused on SOL only

Watch out for

Fee and commission details are not, so the real net yield is unclear
DefiLlama lists no audits for the product
Tied to one exchange, so it carries counterparty and platform risk beyond Solana itself
TVL fell 8.5% over the last 7 days, which may reflect SOL price moves or withdrawals
Liquid staking tokens can trade away from the value of the SOL behind them, especially in volatile markets
Homepage describes the exchange, not this product, so the mechanism details are limited

Bybit Staked SOL fees

Fees are not published publicly we reviewed. There is no stated staking commission, deposit fee or redemption fee, and no APY figure.

Users should look at the bbSOL product page in Bybit or Bybit Web3 before depositing. In liquid staking, the quoted yield is usually net of any commission the operator takes, but confirm this for bbSOL. Solana network fees and any exchange trading spreads would apply on top if you trade or move the token.

Is Bybit Staked SOL safe?

DefiLlama lists no audits for Bybit Staked SOL. That does not mean none exist, but none are confirmed publicly. The product has been listed since September 2024, and no incidents are mentioned.

The main risks are counterparty and platform risk, since an exchange operates the staking, plus normal smart-contract, validator and market risks. A third-party site grades it 'mostly safe, Grade B' with moderate risk; this is an outside opinion, not an audit. Regulatory treatment of exchange-run staking varies by country, so check Bybit's availability where you live.

6 steps

How to get started with Bybit Staked SOL

1
Check that Bybit services and staking products are available where you live, and read the terms.
2
Create and verify a Bybit account, or open Bybit Web3, following the platform's own requirements.
3
Get SOL by buying it on Bybit or transferring it in.
4
Find the bbSOL liquid staking option and read the displayed yield, fees and redemption terms.
5
Deposit SOL to receive bbSOL and note how its value is shown in your balance.
6
Decide whether to hold bbSOL, trade it or use it elsewhere on Solana, and monitor the product as conditions change.

Open Bybit Staked SOL

Who Bybit Staked SOL is for

This is for SOL holders who already use Bybit or Bybit Web3 and want a simple liquid staking option. It is less suited to users who want a fully non-custodial, multi-validator protocol with published audits and fee schedules, or who do not want exposure to exchange counterparty risk.

Bybit Staked SOL FAQs

What is Bybit Staked SOL (bbSOL)?

It is a liquid staking token for Solana from Bybit. You deposit SOL on Bybit or in Bybit Web3, the SOL is staked, and you receive bbSOL as a tradable receipt that keeps earning staking rewards.

How do I get bbSOL?

Per the search snippets, you deposit SOL on Bybit or in Bybit Web3 and receive bbSOL in return. Check the current steps and any limits inside the Bybit app, since its homepage does not cover them.

What is the bbSOL staking yield?

The project does not state an APY. Staking yields change over time, so check the live rate in Bybit and confirm whether it is shown before or after any fees.

Is Bybit Staked SOL safe?

No audits are listed on DefiLlama for this product, and it depends on Bybit as the operator. A search result grades it 'mostly safe, Grade B', but that is a third-party opinion. Treat it as moderate risk, not risk-free.

How big is Bybit Staked SOL?

DefiLlama shows about $141.3M in TVL on Solana, down 8.5% over seven days. It has been listed since 25 September 2024.

Can I trade bbSOL?

Public reporting shows a market price and trading listings for BBSOL, so it appears tradable on secondary venues. The bbSOL price reflects staked SOL plus accrued rewards, and market quotes can differ from that value.

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