What is Token Buzz?

Token Buzz is Bybit's trading competition series. Each round features one hot token. Traders compete on total volume over 7 days, and the prize pool grows as the community trades more.

This round: HYPE.

HYPE is the native token of Hyperliquid, one of the most traded perpetuals in crypto right now. Token Buzz splits up to 100,000 USDT worth of HYPE among the top traders. The higher you rank, the bigger your share.

Trade HYPE Perpetual for 7 days. Your total trading volume determines your rank.

Event period: Jun 8, 2026, 10AM UTC – Jun 15, 2026, 10AM UTC

How to win

Step 1: Register and trade HYPE Perps
Trade HYPE Perpetual on Bybit. You need at least 10,000 USDT in total HYPE trading volume over 7 days to qualify for the leaderboard.

Step 2: Rank by total volume
Every trade adds to your cumulative 7-day total. See how much volume separates you from the rank above

Step 3: Win your share of HYPE
Top 500 traders by final volume are guaranteed a share of the prize pool. The prize pool grows as total HYPE trading volume crosses milestones during the event. The more the community trades, the bigger the prize pool.

All prizes are distributed in HYPE tokens at the USDT equivalent value at the time of distribution, within 10 business days after the event ends.

Terms and Conditions

• Only participants who have completed Individual Identity Verification Lv. 1 are eligible for this event. Please note that participants from restricted countries are not eligible to participate in this event.

• Each session runs for 7 days. Session dates are published on the event page. Users must register before the session's registration deadline to be eligible for prizes.

• Only trades involving the session's featured token through eligible products count toward competition volume. Eligible products and tokens vary by session and are listed on the event page.

• Rankings are determined by the cumulative trading volume of the featured token, measured in USDT equivalent, over the 7-day period.

• The leaderboard is provisional until the final risk review is completed.

• The community prize pool unlocks in tiers as total community trading volume reaches session milestones. Tier thresholds and prize amounts are listed on the event page.

• The final prize pool tier is determined by the total confirmed community trading volume when the session closes. Rewards are distributed within 10 business days after the session ends.

• Wash trading, multi-account operations, volume manipulation, or any artificial inflation of trading volume will result in immediate disqualification and forfeiture of all rewards.

• Duplicate identities, Identity Verification abuse, Subaccount abuse, and suspicious account activity will result in disqualification and forfeiture of all rewards.

• Bybit reserves the right to modify the terms of this event at any time without prior notice.

• All participating users must adhere to the Bybit Terms of Service. Bybit reserves the right to disqualify participants who engage in dishonest or abusive activities, including bulk-account registrations and any activities connected with unlawful, fraudulent, or harmful purposes.

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

• This event is not intended for users residing in the European Economic Area (EEA), which includes Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Iceland, Liechtenstein, and Norway. Participation in the EEA is strictly prohibited.