Bybit, the world's second-largest cryptocurrency exchange by trading volume, has listed DoubleZero (2Z), the token supporting a dedicated low-latency networking layer currently used by more than 300 blockchain validators worldwide. The listing introduces 2Z trading against both USDT and USDC, providing Bybit users access to an infrastructure-based asset designed to enhance block propagation, validator fairness and overall network reliability across distributed systems.

DoubleZero takes a physical approach to blockchain scaling. Instead of relying solely on software-level improvements, it operates a permissionless fiber network in which data is routed directly between nodes via independently managed links. This enables faster packet transmission compared to conventional internet pathways, reducing consensus delays and improving performance for validators across diverse geographies.

Deposits for 2Z opened on October 2. Trading for the 2Z/USDT pair went live at 1:00 p.m. UTC, followed by 2Z/USDC at 1:30 p.m. Withdrawals are scheduled to open on October 3 at 10:00 a.m. UTC.

To coincide with the listing, Bybit has launched a 5.5 million 2Z "Token Splash" promotion that spans both new and existing users. A total of 2,000,000 2Z has been allocated to first-time depositors between October 2 and October 10. The first 5,000 participants who meet the qualifying thresholds—either by depositing 2,000 2Z or depositing and trading the equivalent of 100 USDT—will each receive 400 2Z.

An additional 3,500,000 2Z has been reserved for users who meet trading-based eligibility criteria. Between October 2 at 1:00 p.m. UTC and October 10 at 11:00 a.m. UTC, any user who reaches a cumulative total of 500 USDT or more in 2Z spot trading volume will qualify for proportional rewards, with payouts capped at 1,800 2Z per participant.