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We're excited to announce that our latest Launchpad project, PUMLX, is now live!

• Price: 1 PUMLX Token = 0.07 USDT (Exchange rate between BIT and PUMLX will be confirmed when the subscription period starts)

• Total Allocated to Bybit Launchpad: 7,200,000 PUMLX (1.44% of the total supply)

PUMLX is a Move-to-Earn token providing opportunities in the real world and the metaverse. PUML Better Health is a gamified Web3 Move-to-Earn platform from Brisbane Australia, founded to gamify healthy behaviors via virtual challenges and communities in the real world and Metaverse.

You can either commit BIT to subscribe to token allocation or commit USDT to win an allocation of the project token. Please note that you can't participate in both events at the same time.                            

• Committed Token: USDT only                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          • Allocation per Lottery Winner: 180 PUMLX

• Each lottery winner will receive an allocation of PUMLX. Non-winning participants will get their committed USDT back at the end of the event.                                                                                                           

1. Snapshot Period: Oct 2, 2022, 12AM (midnight) UTC – Oct 6, 2022, 11:59PM UTC

If you'd like to subscribe to token allocation: Your daily average balance of BIT must be equal to or greater than 50 BIT during this period, and it will determine the maximum allocation of PUMLX you can access.                                                                                                                                                                                                                                                                                                                                                                                                               

If you'd like to participate in the lottery: Your daily average wallet balance of USDT must be equal to or greater than 100 USDT during this period.                                                                                                                 

Over this period, the balance in your Spot Account, Earn Account and Derivatives Account will be recorded through hourly snapshots. For the Earn Account, your balance and USDT or BIT staked in the Launchpool and Bybit Savings will be counted in the snapshot. USDT or BIT staked in other products on Bybit Earn (e.g., Dual Asset) will not be included. Your daily average balance snapshot for the current day will be updated at 3:00AM UTC on the next day. For more about the daily average balance, please visit our 

.                                                                                                                                

2. Subscription Period: Oct 7, 2022, 3:30AM – 10:59AM UTC 

If you've chosen the subscription: You must click on the 

 button to commit a certain amount of BIT during this period. The minimum amount required is 50 BIT. You can subscribe multiple times.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 

If you've chosen the lottery: You must click on the 

button  to commit 100 USDT for a lottery ticket. Each participant can only subscribe for one ticket.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        

For each lottery draw, a certain number of winning tickets will be issued. The probability of winning = Total number of winning tickets/Total number of lottery participants for this Launchpad project * 100%.   

The BIT or USDT you've committed will be locked, and cannot be accessed for transfers, withdrawals or trading until after the final distribution of the project token.         

3. Distribution Period: Oct 7, 2022, 11AM – 11:59AM UTC

For token allocation subscribers: Your final PUMLX allocation = (Amount of BIT you've committed/Total amount of BIT committed by all participants) * Total amount of PUMLX allocated for the project. 

Based on your final PUMLX allocation result, the corresponding BIT equivalent will be deducted from your committed amount, while your PUMLX allocation and the remaining BIT will be credited to your Spot Account. 

Please note that the maximum amount of PUMLX you can receive is capped at 5,000 PUMLX. The amount that exceeds that limit will be allocated to participants who haven't reached this cap yet.                                                                                                         

For lottery ticket holders: If you win, you'll receive 180 PUMLX and the remaining amount of USDT committed will be credited back to your Spot Account. If you don't win, the 100 USDT you've committed will be credited back to your Spot Account.                                                                                                                                                                                                                                                                      

The PUMLX/USDT Spot pair will be live for trades on

, if liquidity conditions are met.          

Deposits and withdrawals of PUMLX will be supported from 

Oct 7, 2022, 11AM UTC and Oct 8, 2022, 10AM UTC

Oct 7, 2022, 12PM (noon) UTC – Oct 12, 2022, 12PM (noon) UTC

, traders who accumulated buy volume no less than 3,000 PUMLX will earn a cut from the 300,000 PUMLX prize pool.

For more about Launchpad, check out our Help Center 

Ready to gear up for the project? Here are two things you can do right now:

1. Deposit or transfer BIT or USDT into your Bybit account.

2. Mark your calendar and get ready for the launch 🚀 

PUMLX on Bybit Launchpad: Now Live

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