Solana News Today: Bybit Lists DefiTuna TUNA on Spot Market With Solana-Based Trading

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced the exclusive listing of DefiTuna’s native token, TUNA, on its Spot market, effective July 30, 2025 at 3:00 PM UTC. The TUNA/USDT trading pair is now available on Bybit Spot, with all transactions processed via the Solana network [1]. This listing marks the token’s official entry into the broader market following its anticipated token generation event (TGE) in the decentralized finance (DeFi) space. TUNA is supported by Bybit’s Grid Bot functionality from launch, enabling automated trading strategies for users [2].

DefiTuna is an Automated Market Maker (AMM) built on Solana, offering Liquidity Providers a unique combination of leveraged long and short positions to optimize returns or hedge risk. It integrates three key components—Concentrated Liquidity Market Making (CLMM), leverage trading, and lending—making it the first protocol in the Solana ecosystem to merge these features into a single, user-friendly platform [3]. As a revenue-sharing token, TUNA plays a central role in the DefiTuna ecosystem, supporting both liquidity provision and on-chain lending [4].

Eligible Bybit users can also participate in the TUNA Token Splash, an exclusive offering on the platform. TUNA deposits became available on July 29, 2025 at 10:00 AM UTC, with withdrawals permitted from July 31, 2025 at the same time [5]. The structured rollout reflects Bybit’s careful approach to managing token listings, ensuring a secure and controlled introduction for traders.

The listing of TUNA underscores Bybit’s ongoing strategy to expand its DeFi-native asset offerings and support emerging protocols. With over 70 million global users, Bybit continues to act as a bridge between traditional finance and decentralized ecosystems, emphasizing innovation and accessibility [6]. The partnership with DefiTuna highlights the increasing role of AMM platforms and leveraged trading in the DeFi space, reflecting broader trends in institutional-grade tools being adapted for both retail and professional traders [7].

The debut of TUNA on Bybit’s Spot market aligns with the platform’s long-term vision of fostering open, secure, and accessible DeFi environments for a global audience. As one of the most anticipated TGEs of the season, the listing is expected to drive engagement and bring new liquidity to the DefiTuna ecosystem [8].

Source:

[1] https://www.prnewswire.com/news-releases/bybit-exclusive-defituna-tuna-to-list-on-bybit-spot-302517489.html

[2] https://finbold.com/bybit-lists-defituna-tuna-token-on-spot-trading/

[3] https://x.com/ChainwirePR/status/1950548642634358856

[4] https://announcements.bybit.com/article/bybit-to-list-defituna-tuna-on-spot-bltc853770c4854b247/

[5] https://x.com/press_newswire/status/1950549092842491910