Bybit vs On-Chain (DefiLlama) — Which Is Better? Fees, Staking & Winner
Our Verdict
Bybit leads on 3 of 6 criteria against 0 for On-Chain (DefiLlama) — the rest are close enough to call a draw. Which of them matters depends on what you need the exchange for.
Scorecard
| Criteria | Bybit | On-Chain (DefiLlama) | Winner |
|---|---|---|---|
| Staking Coverage (coins) | 238 | 0 | Bybit |
| Best Rates (top-10 coins) | 0 | 0 | Draw |
| Avg USDT Fee | 0.33 | — | No data |
| Funding Coverage (coins) | 572 | 0 | Bybit |
| Network Availability | 81% | — | No data |
| Withdrawal Coins | 796 | 0 | Bybit |
The average USDT fee is computed across all of the exchange's networks; the line under the page heading shows a different figure — the cheapest available network. Hence the two numbers differ: one answers "how much on average", the other "how much if you pick the best route".
Which one for which job
An overall score decides little: the two exchanges win on different axes. Here is which ones, with the number next to each.
Best For
Rates over 90 days
A headline APR is one point in time. This shows what it actually hovered around for three months and how often it moved.
| Coin | Bybit | On-Chain (DefiLlama) | ||||||
|---|---|---|---|---|---|---|---|---|
| Now | Average | Range | Changes | Now | Average | Range | Changes | |
| BTC | 1.20% | 0.67% | 0.33–1.20 | 10765 | — | — | — | — |
| ETH | 2.01% | 2.03% | 1.46–3.02 | 27353 | — | — | — | — |
| USDT | 3.79% | 3.63% | 2.44–5.44 | 27353 | — | — | — | — |
| USDC | 3.65% | 3.65% | 2.06–6.72 | 27353 | — | — | — | — |
| SOL | 4.38% | 4.63% | 2.94–5.76 | 27169 | — | — | — | — |
| BNB | 0.80% | 0.80% | 0.80–1.32 | 23 | — | — | — | — |
| XRP | 0.70% | 0.76% | 0.70–1.39 | 698 | — | — | — | — |
| GRAM | 14.99% | 15.39% | 13.67–19.91 | 157 | — | — | — | — |
| ADA | 2.17% | 2.04% | 1.73–2.28 | 18 | — | — | — | — |
| DOGE | 0.50% | 0.50% | 0.50–0.60 | 14 | — | — | — | — |
| HYPE | 2.13% | 2.17% | 1.97–2.93 | 90 | — | — | — | — |
A change means the value moved between samples, not the sample itself: polling records the rate regularly, and without that collapse "changes" would simply equal the number of readings.
Funding on average
Annualised percentages from the average rate over 7 and 30 days. The current rate moves every few hours; the average is a property of the venue.
| Coin | Bybit | On-Chain (DefiLlama) | ||
|---|---|---|---|---|
| 7 days | 30 days | 7 days | 30 days | |
| ADA | +1.11% | +3.21% | — | — |
| BTC | +6.78% | +5.29% | — | — |
| DOGE | +2.82% | +5.22% | — | — |
| ETH | +5.03% | +5.44% | — | — |
| HYPE | +4.01% | +3.76% | — | — |
| SOL | -3.20% | +3.40% | — | — |
| XRP | +4.55% | +3.90% | — | — |
Staking Rate Comparison
Withdrawal Fee Comparison
Side-by-side withdrawal fees for popular coins on the best available network.
| Coin | Network | Bybit | On-Chain (DefiLlama) |
|---|---|---|---|
| BTC | BTC | 0.000066 | — |
| ETH | ARBI | 0.00004 | — |
| USDT | APTOS | Free | — |
| USDC | APTOS | 0.05 | — |
| SOL | SOL | 0.001 | — |
| BNB | BSC | 0.0002 | — |
| XRP | XRP | 0.2 | — |
| GRAM | TON | 0.02 | — |
| ADA | ADA | 0.8 | — |
| DOGE | DOGE | 4 | — |
| HYPE | HYPEREVM | 0.025 | — |
Funding Rate Comparison
Current perpetual futures funding rates for popular coins.
| Coin | Bybit | On-Chain (DefiLlama) |
|---|---|---|
| BTC | +0.0100% | — |
| ETH | +0.0100% | — |
| USDC | +0.0000% | — |
| SOL | +0.0100% | — |
| BNB | +0.0100% | — |
| XRP | +0.0100% | — |
| GRAM | +0.0050% | — |
| ADA | +0.0100% | — |
| DOGE | +0.0100% | — |
| HYPE | +0.0100% | — |
Arbitrage Opportunities
Current price spreads between Bybit and On-Chain (DefiLlama).
| Coin | Buy On | Sell On | Spread |
|---|---|---|---|
| ARB | On-Chain (DefiLlama) | Bybit | 1.34% |
| ARB | Bybit | On-Chain (DefiLlama) | 0.45% |
| UNI | Bybit | On-Chain (DefiLlama) | 0.43% |
| LINK | On-Chain (DefiLlama) | Bybit | 0.22% |
| UNI | On-Chain (DefiLlama) | Bybit | 0.09% |
| WBTC | On-Chain (DefiLlama) | Bybit | 0.05% |