Bybit has launched an exciting new USDT Derivatives Trading Challenge in collaboration with Tether. This event gives traders the opportunity to compete for a share of the 500,000 USDT prize pool by trading USDT Options and USDT Expiry Futures. Whether you are an experienced derivatives trader or just getting started, this challenge offers a chance to boost your trading rewards.
📅 Event Period
Apr 1, 2025, 12:00 AM UTC – Apr 30, 2025, 11:59 PM UTC
✅ How to Participate
1️⃣ Register for the Event
To be eligible for rewards, traders must register for the challenge.
▶ Register Now
2️⃣ Trade USDT Options & Expiry Futures
Participants can increase their chances of winning by generating higher trading volumes on eligible USDT derivatives products.
3️⃣ Earn Rewards Based on Trading Volume
At the end of the event, rewards will be distributed based on each participant’s proportion of the total event trading volume. The more you trade, the bigger your potential share of the prize pool!
📈 Eligible Trading Volume
- Only trades in USDT Options and USDT Expiry Futures will count toward the total trading volume.
- Options trades must meet the condition: Executed Price > Underlying Price × VIP0 Taker Fee Rate × 3.
- USDC Options and USDC Expiry Futures are not included in the event.
- Forced liquidations and settlements do not contribute to the eligible trading volume.
💰 Prize Pool Breakdown
The rewards are proportional to trading volume, so higher trading activity means a bigger share of the prize pool!
🔥 Don’t Miss Out!
This is a limited-time event with huge rewards for traders who actively participate. Register now and start trading to secure your share of 500,000 USDT!
Terms & Conditions
- Users must register via the event page to be eligible.
- Identity Verification Lv.1 is required for participation.
- Pro users are not eligible for this event.
- Residents of Australia, Brazil, Canada, Hong Kong, New Zealand, the U.S., and the EEA are not eligible.
- Only effective trading volume from USDT Options and USDT Expiry Futures counts.
- USDC Options and USDC Expiry Futures are excluded.
- Subaccounts trading volume will be merged with the main account.
- Rewards will be distributed in USDT within 14 working days after the event ends.
- Users must manually claim rewards from the Rewards Hub.
- Bybit reserves the right to modify or terminate the event without prior notice.
- Any fraudulent or manipulative activities (e.g., wash trading, fake volume, multiple accounts) will result in disqualification.
- Bybit Terms of Service apply, and the platform holds the final interpretation of event rules.
For further details, contact Bybit Customer Support.
