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We are thrilled to announce that we are expanding our highly popular ByVotes for Spot listing to the Derivatives platform on 

We’re putting the future of our Derivatives listings in your hands — tell us which projects you want us to list on our Derivatives trading platform through your votes! Your voice is invaluable to us, as we continually strive to take our products and services to the next level！

Each week, you will be able to vote for your favourite from 5 to 10 Derivatives pairs. The most popular pairs will be listed on our Derivatives platform the following week!

What’s more, if you’ve voted for the winning project, you'll be eligible for a share of the total prize pool, which is made up of trading fees from the first two weeks of a token's listing.

Are you ready for the first ByVotes Derivatives event happening on 

Step 1: Collect Votes — The More, The Better!

These are the three ways to collect votes:

Simply hold BIT tokens to get some votes! The number of votes you’ll receive is as follows:

Trade more to receive more votes! Users with VIP status will also be entitled to five (5) votes each week.

It’s time to ramp up your trading volume.

C. Through nomination of projects (VIP only)

Here’s a special treat for VIP traders. Each week, you’ll have the chance to nominate your favourites from 5 to 10 Derivatives pairs. For each nominated project that moves on to the voting round, you’ll receive one (1) additional vote, which can be used in the next ByVotes Derivatives event.

We'll be taking a snapshot of your Spot and Derivatives accounts on 

. Your vote(s), if any, will be deposited to your account on July 10, 2022, 10AM UTC.

Do note that you will only receive up to a maximum of five votes from either (1) your accumulated BIT holdings, or (2) your weekly trading volume, whichever gives you more votes.

Each vote will be valid for 90 days, including the date of distribution.

July 11, 2022, 10AM UTC — July 15, 2022, 10AM UTC

During the voting phase, you’ll get to all-in your votes on your favorite project!

Each pair that hits the minimum required number of votes and/or at least 200 VIP nominations will be listed on our Derivatives platform the following week. Yes, you're reading it right — more than one pair could be listed!

Join us for the first ByVotes Derivatives event happening on July 11, 2022!

ByVotes | Derivatives: The Future of Bybit Derivatives Listing Is in Your Hands

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