🔥 [USDT Festival] Derivatives Trading Challenge: Trade to Win a Share of 500,000 USDT!

Bybit and Tether are teaming up for the Derivatives Trading Challenge! Trade USDT Options and USDT Expiry Futures for your chance to win a share of the 500,000 USDT prize pool. Whether you're a seasoned trader or new to crypto derivatives, this event is your chance to shine! ✨

🗓️ Event Period: Apr 1, 2025, 12AM UTC – Apr 30, 2025, 11:59PM UTC

✅ How to Participate

Step 1: Register for the event. 📝

Step 2: Trade effective USDT Options & Expiry Futures 📊

During the event, trade eligible USDT Options and USDT Expiry Futures to generate volume. The more you trade, the greater your rewards will be!

Step 3: Claim rewards based on your trading volume 🏆

Your rewards will be distributed based on your proportion of the event's total trading volume. Make sure to trade as much as you can to maximize your share of the prize pool!

📈 Eligible Trading Volume:

- Only your effective USDT Options and USDT Expiry Futures trading volume will count toward the total.

- Options trades are considered effective only if the Executed Price > Underlying Price × VIP0 Taker Fee Rate × 3.

- Volumes from USDC Options and USDC Expiry Futures will not be included.

- Trading volume from forced liquidations and settlements will not be included in the total trading volume.

💸 Prize Pool Breakdown:

⏰ Don't miss out! Register now and start trading USDT Options and Expiry Futures to secure your share of the 500,000 USDT prize pool! 💥

Terms and Conditions

- Users must register for the event via the Register Now button to be eligible for rewards.

- Users must complete Identity Verification Lv. 1 to be eligible for this event.

- Pro users are not eligible for the event.

- This event is not open to residents of Australia, Brazil, Canada, Hong Kong, New Zealand, the United States and the EEA.

- Eligible trading volume for this event includes the effective USDT Options and USDT Expiry Futures trading volumes during the event period. Volumes from USDC Options and USDC Expiry Futures are not included.- Only effective Options trades are counted. Trades are ineffective if Executed Price ≤ (Underlying Price x VIP0 Taker Fee Rate x 3).

- The trading volume of Subaccounts will be merged with the Main Account and will not be counted separately.

- All rewards will be issued in USDT.

- Rewards will be automatically distributed to eligible users' Rewards Hub within 14 working days after the event ends. Users must manually claim their rewards from the Rewards Hub.

- Please note that the data (including My Est. Rewards, My Total Vol., My Volume Share, etc.) is provided for reference purposes only. Final distribution amounts will be verified and confirmed by our Risk Control and Data Team after necessary technical and risk assessments.

- Bybit reserves the right to disqualify any users if they engage in inappropriate, dishonest or abusive activities (such as wash trading, volume faking, multi-account participation, market manipulation, etc.) during the competition.

- All participants must strictly adhere to Bybit Terms of Service. Bybit reserves the right to disqualify any participants who engage in dishonest or abusive activities, including but not limited to bulk account registrations to farm additional bonuses and any other unlawful, fraudulent, or harmful activities.

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

- Bybit reserves the right to the final interpretation of this event. If you have any questions, please contact our Customer Support.