DUBAI, UAE, April 29, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency change by buying and selling quantity, has introduced the launch of its “Grasp Dealer’s Showtime: TradFi vs Crypto,” a multi-round international buying and selling competitors designed to spotlight efficiency throughout conventional finance and cryptocurrency methods, with a complete prize pool of 200,000 USDT.
The competitors will happen over two unbiased rounds. Spherical 1 is lively now and can run till Could 13, 2026, at 10:00 UTC, adopted by Spherical 2 from Could 18, 2026, at 10:00 UTC to June 2, 2026, at 10:00 UTC. Every spherical will function its personal leaderboard and prize pool of 100,000 USDT.
Members will compete as Grasp Merchants on Bybit Copy Buying and selling, choosing both a Basic or TradFi buying and selling class at registration. Rankings can be decided by a mix of complete crew buying and selling quantity and revenue and loss efficiency, factoring in each Grasp Merchants and their Followers. Followers are routinely enrolled upon copying a registered Grasp Dealer.
To qualify for leaderboard placement, members should meet minimal buying and selling quantity thresholds. Basic merchants are required to achieve no less than 75,000 USDT in complete Copy Buying and selling quantity, whereas TradFi members should obtain no less than 1,500,000 USDx. Every Grasp Dealer should additionally keep a minimal of 20 lively Followers.
The competitors will reward the highest 50 Grasp Merchants in every spherical. The primary-place crew will obtain 25,000 USDT, adopted by 12,000 USDT for second place and eight,000 USDT for third. Extra rewards can be distributed throughout lower-ranked positions, with payouts shared between Grasp Merchants and their Followers. Grasp Merchants obtain 50 % of complete rewards, whereas the remaining portion is distributed proportionally amongst Followers primarily based on buying and selling quantity.
Along with leaderboard rewards, the occasion contains engagement-based incentives. Through the first week of every spherical, customers could allocate “likes” to Grasp Merchants. If a preferred dealer finishes inside the high three, eligible members could share in a 1,000 USDT reward pool. Extra boosted rewards can be found for customers who each like and proceed copying a Grasp Dealer all through the spherical.
Leaderboard standings can be up to date every day on a T+1 foundation, with last rankings verified following inner compliance and knowledge critiques. Rewards can be distributed as USDT airdrops to eligible members inside 14 working days after the conclusion of every spherical.
Participation is topic to eligibility necessities, together with identification verification and geographic restrictions. The occasion just isn’t accessible to customers residing within the European Financial Space. Institutional customers and market makers are additionally excluded.
The match is designed to encourage aggressive buying and selling whereas reinforcing transparency and equity throughout its Copy Buying and selling ecosystem.
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About Bybit
Bybit is the world’s second-largest cryptocurrency change by buying and selling quantity, serving a worldwide group of over 80 million customers. Based in 2018, Bybit is redefining openness within the decentralized world by creating a less complicated, open and equal ecosystem for everybody. With a robust concentrate on Web3, Bybit companions strategically with main blockchain protocols to supply sturdy infrastructure and drive on-chain innovation. Famend for its safe custody, numerous marketplaces, intuitive person expertise, and superior blockchain instruments, Bybit bridges the hole between TradFi and DeFi, empowering builders, creators, and fanatics to unlock the complete potential of Web3. Uncover the way forward for decentralized finance at Bybit.com.
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