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New Listing: TENET/USDT — Grab a Share of the 80,000 USDT Prize Pool

May 24, 2023Spot Listings
Disclaimer: This is a general announcement. Products and services referred to here may not be available in your region. Please refer to T&C for more details.

Bybit is excited to announce the listing of TENET in the Innovation Zone of our Spot trading platform!

Listing Timeline

TENET Deposits: Opens on May 24, 2023, 10AM UTC

TENET Listing: May 25, 2023, 8AM UTC

TENET Withdrawals: Opens on May 26, 2023, 10AM UTC

TENET will be available for trades via Spot Grid Bots when it's listed.

To celebrate, we've prepared two (2) special events with a total prize pool of 80,000 USDT just for you.

🗓 Event period: May 24, 2023, 10AM UTC – Jun 8, 2023, 10AM UTC

💰 Event 1 [New Users]: Sign Up, Deposit and Buy to Earn From 50,000 USDT Prize Pool [header 3]

New to Bybit? This event is for you! Simply complete these tasks during the event period to share the prize pool:

1. Sign up on Bybit after May 24, 2023, 10AM UTC

2. Deposit at least 100 USDT into your Bybit account

3. For your first trade on Bybit, buy at least 100 USDT worth of TENET on our Spot trading platform

Once you complete these tasks, you'll receive 20 USDT for free!

Rewards will be distributed on a first-come, first-served basis.

💰 Event 2 [Existing Users]: Buy to Earn From 30,000 USDT Prize Pool

If you've signed up before May 24, 2023, 10AM UTC, during the event period, buy at least 100 USDT worth of TENET on our Spot trading platform to earn 15 USDT!

Rewards will be distributed on a first-come, first-served basis.

Mark your calendars — because it's that easy.

Thinking of upsizing your bag? Here's how you can top up your USDT balance:

1. Buy USDT on One-Click Buy

2. Make a Fiat Deposit

3. Purchase USDT through P2P

4. Deposit USDT directly into your wallet

About Tenet

Tenet is a DeFi-focused EVM Layer-1 that brings liquidity and yield opportunities to Liquid Staking Derivatives (LSDs). Tenet allows LSDs to re-stake to their network and be used in Tenet's DeFi Ecosystem by utilizing a new consensus mechanism called Diversified PoS. This allows LSDs like stETH to participate in validation, making it the most secure blockchain ever created.

TENET is the base token for the Tenet blockchain, an EVM compatible blockchain operating on the Cosmos SDK. Tenet allows users to unlock the value of their staked assets and utilize them across a native DeFi ecosystem governed by Tenet’s validator network.

Asset name: Tenet

Ticker: TENET

Learn more about TENET here:

Website | Whitepaper | Twitter | Telegram

For more information, please visit our Help Center.

Risk warning: Cryptocurrency trading involves significant risk and may result in the loss of your invested capital. You should ensure that you fully understand the risks involved and take into consideration your level of experience, investment objectives, and seek independent financial advice if necessary. Bybit does not accept any liability or responsibility for any losses resulting from trading on our platform.

Terms and Conditions:

- For event 1, users must deposit USDT into their Bybit Funding Account, Spot Account or Unified Trading Account during the event to be eligible for rewards.

- For event 1, deposits made using a Subaccount will not be counted toward this event.

- Users must complete Identity Verification Lv. 1 before the event ends to receive rewards.

- Users will still be eligible for the event even if they withdraw TENET during the event.

- Only trades made within the event period will be considered in the reward calculation.

- Trades made using a Subaccount or Trading Bots will be counted toward this event.

- Eligible reward recipients will be notified of their reward(s) via email. The rewards will be credited to their Bybit Funding Account, Spot Account or UTA account within 30 days after the event ends.

- Bybit reserves the right to disqualify any participants who engage in dishonest or abusive activities during the event, including bulk-account registrations to farm additional bonuses and any other activities in connection with unlawful, fraudulent or harmful purposes.

- Bybit reserves the right to modify the terms of this event without notifying users in advance.

- Bybit reserves the right of final interpretation of this event. If you have any questions, please contact customer service."

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