PANews reported on December 10th that Bybit Alpha and Byreal now support direct trading of the on-chain token $WET. Users can quickly trade simply by logging into Bybit Alpha, without needing a separate wallet, and track the market prices of popular tokens in real time. Byreal is a decentralized exchange (DEX) incubated by Bybit and built on the Solana ecosystem, integrating core scenarios such as Launchpad, trading, and yield. According to DefiLlama data, Byreal's cumulative trading volume has exceeded $723 million, ranking 12th among Solana DEXs.



Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more