Topics
    How to Get Started with Margin Staked SOL
    bybit2025-03-05 15:14:00
    On the AppOn the Website

    Bybit Margin Staked SOL is a cutting-edge product that allows you to seamlessly maximize your SOL earnings through leveraged borrowing and staking. Here's a step-by-step guide to help you get started.

     

     

     

     

     

     

    View the APR Chart

    Step 1: On the Bybit App Home page, tap More → Finance → Margin Staked SOL to access the Margin Staked SOL page.

     

     

     

     

     

     

     

    Step 2: In the upper section of the page, you'll find the APR chart, which provides the following information:

    • Net APR: The APR that reflects the earnings from staking after considering borrow rates. It fluctuates based on borrow rates, token prices, and staking rewards.

    • 1D / 7D / 30D View: The Net APR trend over the past 1, 7, or 30 days.

    • High: The highest Net APR recorded within the selected timeframe.

    • Low: The lowest Net APR recorded within the selected timeframe.

     

     

     

     

     

     

    Step 3: Tap the APR chart to view the Net APR and Borrow Rate at any specific point in time.

     

    Notes:

    — A positive Net APR is displayed in green, while a negative Net APR is in red.

    — Data updates every hour.

     

     

     

     

     

     

     

     

    Stake Your SOL

    Step 1: On the Margin Staked SOL page, tap Stake to enter the staking page.

     

     

     

     

     

     

    Step 2: Set up your staking order based on the following information:

     

    Leverage

    Enable it to borrow funds with a leverage of up to 2x, or disable it to stake only your principal. It is turned on by default.

    Available

    Your SOL balance in the Funding Account. Tap the plus (+) icon to transfer SOL from your UTA.

    SOL

    The amount of SOL to stake. Tap Max to stake your full available balance.

    bbSOL

    The expected amount of bbSOL you'll receive, calculated based on your leverage, staked SOL, and the real-time exchange rate between SOL and bbSOL.

    Borrow Amount

    The amount of SOL you'll borrow, determined by your principal, selected leverage, and applicable fees.

     

    Borrow Amount = (Principal − Fees) × Leverage

    Est. Daily Yield

    Your estimated net daily yield, factoring in staking rewards, borrowing costs, and fees. The actual yield may vary slightly.

     

     

     

     

     

     

    Step 3: Tap Stake Now, and a confirmation pop-up will appear. Verify all details before proceeding.

     

     

     

     

     

     

    Step 4: Check the acknowledgment box, tap Confirm, and you're all set!

     

    Notes:

    — If Leverage is disabled, Borrow Amount and Borrow Rate won't be displayed. Your last-used settings will be remembered.

    — Margin Staked SOL uses a mechanism to limit losses based on P&L. If your P&L(%) falls to or below the Margin Call P&L(%), the system will notify you to either pledge more SOL into your positions to increase your SOL principal or redeem them. If your P&L(%) drops further to or below the Stop-Loss P&L(%), your positions will be automatically redeemed to cover your loan and interest.

    — The default Stop-Loss P&L(%) is set to -90%. You can adjust the Stop-Loss settings on the Redeem page.

     

     

     

     

     

     

     

     

    Redeem Your SOL

    Step 1: On the Margin Staked SOL page, tap Redeem to enter My Investments page.

     

     

     

    Alternatively, tap on the My Investments panel below the APR chart.

     

     

     

     

     

     

    Step 2: On My Investments page, you'll find the following details:

     

    Investment Breakdown

    Your total bbSOL holdings from both your own funds and borrowed funds.

    P&L(%)

    Unrealized P&L / Principal (Excluding Borrowed Funds)

    My Investments

    Your own funds, excluding any borrowed funds.

    My Borrowings

    Your total liabilities, including outstanding principal and outstanding interest.

    Unrealized P&L

    The current profit or loss on open positions.

    Borrow Rate

    A floating interest rate on borrowed funds, updated hourly. You can check it in the Margin Staking Confirmation pop-up or in your history.

     

    Hourly Interest = Borrow Amount × Hourly Interest Rate

     

    For more details, please refer to FAQ — Margin Staked SOL.

    Exchange Rate

    The real-time conversion rate between bbSOL and SOL.

    Stop Loss by P&L

    Tap the pencil icon to adjust your Stop-Loss settings. Choose Confirm to save your changes or Cancel to discard them.

     

     

     

     

     

     

    Step 3: Tap either Instant Redemption or Postponed Redemption.

    • Instant Redemption: Receive your full principal and part of your earnings immediately. You may lose up to 10% of your earnings.

    • Postponed Redemption: Get your full principal and all earnings after a 1‒4 day processing period, during which interest will continue to accrue. Your bbSOL will be converted to SOL at the real-time exchange rate when you submit your redemption request.

     

     

     

     

     

    Step 4: A confirmation pop-up will appear. Enter the amount of bbSOL you wish to redeem or tap Max to redeem your full balance. The system will automatically calculate the total SOL you'll receive based on the real-time exchange rate, as well as the final amount after deducting loan repayment and any applicable fees. Review the details carefully, then tap Postponed Redemption or Instant Redemption to proceed.

     

     

     

     

     

     

     

    Step 5: In the Redemption Confirmation pop-up, double-check the details and tap Confirm to finalize your redemption. Your SOL will be credited to your Funding Account.

     

     

     

    Notes:

    — Instant Redemption is subject to a daily limit set by the platform. There is no limit on Postponed Redemption.

    — No manual repayment is required. The system automatically handles repayments when:

    1. assets are redeemed, or 

    2. a stop-loss is triggered.

    Additional fees, including gas fees, may apply during this process.

    — Staking, redemption, and gas fees apply to Margin Staked SOL orders. For more details, please refer to FAQ — Margin Staked SOL.

     

     

     

     

     

     

     

     

    View Your Orders

    Step 1: To view your orders, go to the My Investments panel below the APR chart. You'll find your Unrealized P&L, P&L(%), and Investment Breakdown there. Tap My Investments for detailed order information.

     

     

     

     

     

     

    Step 2: On My Investments page, tap the history icon in the top-right corner to access the All Orders page, where you can find more details under Staking, Redemption, and Interest History.

     

     

     

     

    Alternatively, tap Assets in the bottom-right corner of the Bybit App. Under Margin Staked SOL, you can view your bbSOL holdings, total liabilities, unrealized P&L, and more.

     

     

     

     

     

    For more information on the Margin Staked SOL, please refer to the following articles:

    Was it helpful?
    yesYesyesNo