Bybit-Powered Mubite Unveils Instant Funding Crypto Prop Trading Platform with 90% Profit Splits

Prague-based Mubite has launched a revolutionary proprietary trading platform, offering instant access to funded accounts up to $200,000 with profit splits as high as 90%. Integrated with Bybit, the platform is set to make waves in the crypto prop trading space. With three distinct funding models—a traditional 2-Step Challenge, a simplified 1-Step Challenge, and more—Mubite caters to a wide range of trader needs. This development underscores the growing synergy between proprietary trading firms and major crypto exchanges like Bybit, further solidifying the bullish outlook for digital assets in the financial sector.

Mubite Launches Instant Funding Crypto Prop Trading Platform with 90% Profit Splits

Prague-based Mubite has unveiled a groundbreaking proprietary trading platform, offering instant access to funded accounts up to $200,000 with profit splits reaching 90%. The firm's integration with Bybit positions it as a formidable player in the crypto prop trading arena.

Three distinct funding models cater to diverse trader needs: a conventional 2-Step Challenge, a streamlined 1-Step Challenge, and an industry-disrupting Instant Funding option that bypasses evaluation periods entirely. "We're shattering the limitations of traditional prop trading," said CEO Petr Andreas, highlighting their 90% profit share—a notable premium over the 70-80% industry standard.

Despite its recent market entry, Mubite reports explosive 133% monthly growth. The platform's Bybit-powered infrastructure reflects the exchange's growing dominance as the backbone for institutional crypto trading operations.

Bybit Publishes 24th Proof-of-Reserves Report with Overcollateralization Across 40 Assets

Bybit has reinforced its commitment to transparency with the release of its 24th consecutive proof-of-reserves audit. The Dubai-based exchange, now ranked second globally by trading volume, maintains reserve ratios exceeding 100% for all 40 supported assets as of June 19, 2025. Hacken's independent verification confirms this solvency benchmark.

Notable movements include USDC reserves reaching 143% coverage—the highest among major assets—while XRP reserves surged to 137% following ETF-related demand. ethereum holdings grew 6.09% to 646,987 ETH, outpacing Bitcoin's 1.67% increase, reflecting shifting trader preferences amidst ETH's recent market performance.

The stablecoin landscape shows divergence: USDe positions expanded 22.8% to 545 million tokens at 105% reserves, whereas USDT balances declined 7.44% despite improved coverage to 104%. These metrics arrive as institutional investors increasingly prioritize verifiable asset backing over mere compliance claims.