Save On Options Fees With Our Options Level Up Event!

We are thrilled to introduce our Options Level Up Event, a fantastic opportunity to elevate your options trading experience. This event is open to all Bybit VIP and Institutional users, both existing and new, looking to enhance their options trading prowess.

Participants who fulfil requirements will be able to enjoy both competitive fee rates, rebates as well as VIP/Pro level upgrades through the event.

Not a VIP or Institutional user yet? Consider becoming a VIP by just depositing 50,000 USDT, or applying to become an Institutional user by sending an email to institutional_services@bybit.com.

*All VIP users are automatically enrolled in the event, while Institutional users need to contact their relationship manager to participate.

Perk 1: Competitive Fee Rates and Rebates

• Starting from Oct 18, 2023, 2PM UTC, we will be offering highly competitive options fee rates and rebates:

• Traders reaching 25 million USDC in options trading volume within the last 30 days will enjoy a low taker rate of 0.012% and a maker rebate of -0.005%.
• When a user's 30-day options trading volume hits 200 million USDC, they can unlock a taker fee rate as low as 0.010% and a maker rebate at an astonishing -0.01%.

• Please note that changes in trading volume thresholds apply only to options fee rates and will not affect your VIP level or fee rates for Perpetual contracts or Spot trading.
• New Institutional options traders on Bybit coming from other exchanges can immediately benefit from lower fee rates by showing proof of trading volume on other exchanges.

How to Extend Your Fee Rates After the Initial 30 Days:

• You can continue to enjoy your taker fee rates at 0.012% and maker rebates at -0.005% for another four (4) more weeks, by maintaining a weekly options trading volume exceeding 5 million USDC for four (4) consecutive weeks.
• For those aiming for taker fee rates at 0.01% and maker rebates at -0.01%, a weekly options trading volume exceeding 50 million USDC for four (4) consecutive weeks will secure this extension.

Perk 2: VIP Level Upgrades

• If your options taker or maker volume reaches 1% of Bybit's overall options taker or maker volume, you'll not only enjoy improved options fee rates (0.01% for taker fee and -0.01% for maker rebate) but also receive a VIP level upgrade to Pro3. This allows you to access Pro3 fee rates for Perpetual contracts and Spot trading.
• Similarly, if your taker or maker volume reaches 3% or 8% of Bybit's overall options taker or maker volume, you'll enjoy enhanced fee rates for one month:
• 3% will allow you to enjoy Pro4 fee rates.
• 8% will allow you to enjoy Pro5 fee rates that extend beyond Options, to Perpetual contracts and Spot trading.

How to Extend Upgraded VIP Levels After the Initial 30 Days:

• You can continue to enjoy your upgraded VIP levels for four (4) more weeks if your weekly options taker or maker share meets the relevant percentage requirement for four (4) consecutive weeks.

Join the Options Level Up Event now and take your trading to the next level with Bybit!

Terms & Conditions:

• This event is open to all Bybit Options users.
• Institutional users must contact their institutional relationship manager to participate.
• VIP users are automatically enrolled in the event. Extra fees paid will be refunded as rebates within 14 days after the end of each month.
• Users cannot simultaneously participate in this event and the Merry Market Makers Program for Options.
• Participants must contact their VIP or Institutional relationship managers to receive their fee rebates.
• Subaccounts will not be considered as individual participants; their trading volume will contribute towards that of the partipating Main Account's volume.
• Bybit reserves the right to disqualify dishonest participants and withhold rewards for malicious trading activities.
• All participants must adhere to the Bybit Terms of Service.
• Bybit reserves the right to the final interpretation of the Terms and Conditions.