WEB3 USDT Festival
500,000 USDT for trading
Get USDT for trading on WEB3: 500,000 USDT in prizes!
00:00 UTC May 9, 2025 — 23:59 UTC June 8, 2025
Promotion ends in:
Unlock the prize pool of 500,000 USDT
· The prize pool will be unlocked based on the total trading volume in USDT options and perpetual futures and will amount to up to 500,000 USDT.
· Data is updated daily at 04:00 UTC. Trading data updates start from May 10, and reward calculations start from May 16.
· To be eligible for rewards, users must register for the promotion.
· Rewards will be distributed based on your share of the trading volume in USDT options and USDT perpetual futures. The more you trade, the greater your rewards.
· Qualified trading volume for the promotion includes actual trading volume in USDT options and USDT perpetual futures during the promotion period.
· Effective trading volume in USDT options: valid if strike price > (underlying asset price x VIP0 taker fee rate x 3). Otherwise invalid.
· USDT perpetual futures trading volume: trading volume from forced liquidations and settlements will not be included in the total trading volume.
Beginner's Course
01
Options: Course 1
02
Options: Course 2
03
Options: Course 3
04
Options: Course 4
05
Options: Course 5
What are options?
Learn the basics of options trading.
Why trade options?
Learn the benefits of options trading and how to spot opportunities.
European vs. American options
Understand the key differences between option types.
Profit and loss for call and put options
Learn how to calculate P&L for calls and puts.
Options, perpetual and futures contracts
Learn the key differences and use cases for each instrument.
Glossary and FAQ
What types of options are available on Bybit?
Cash-settled European options that can only be exercised upon contract expiration. There are two types of options: call options and put options.
Are there trading fees for Bybit options?
Three types of fees may apply to options trading: trading fee, execution fee, and liquidation fee. To learn more about Bybit's options trading fees, please refer to the article Bybit Options Trading Fees.
What types of option contracts does Bybit offer?
Bybit offers a wide selection of option contracts with various expiration dates, including: daily, every two days, every three days, weekly, bi-weekly, every three weeks, monthly, every two months, and quarterly.
What expiration options are available on Bybit for BTC and ETH contracts?
Currently, Bybit offers nine (9) types of option contracts for BTC and ETH: daily, every two days, every three days, weekly, bi-weekly, every three weeks, monthly, every two months, and quarterly. We are constantly working to expand the list of available options - stay tuned for updates!
Terms and Conditions
- Users must register for the promotion (connect their WEB3 wallet) by clicking the Participate in Prize Distribution button.
- Pro-level users cannot participate in this promotion.
- Residents of Australia, Brazil, Canada, Hong Kong, New Zealand, USA and EEA cannot participate in this promotion.
- This promotion counts actual trading volume in USDT options and USDT perpetual futures accumulated during the promotion period. Trading volumes in USDC options and USDC perpetual futures are not counted.
- Only effective options trades are counted. Trades are invalid if strike price ≤ (underlying asset price x VIP0 taker fee rate x 3).
- Sub-account trading volume will be combined with the main account and will not be counted separately.
- Rewards are distributed in USDT.
- Rewards will be automatically credited to the connected WEB3 wallet within 14 working days after the promotion ends.
- Please note that the data presented (including "My Estimated Rewards", "My Total Volume", "My Volume Share", etc.) is for reference only. Final distribution amounts will be verified and approved by our risk management and data analysis team after necessary technical checks and risk assessments.
- Bybit reserves the right to disqualify any users found to be engaging in improper, unfair, or fraudulent activities (such as wash trading, artificial volume inflation, use of multiple accounts, market manipulation, etc.) during the competition.
- All participants must strictly comply with Bybit's Terms of Service. Bybit reserves the right to disqualify any participants involved in dishonest or malicious activities, including but not limited to mass account registration for additional bonuses and any other illegal, fraudulent, or harmful activities.
- Bybit reserves the right to modify the promotion terms without prior notice to users.
- Bybit reserves the right of final interpretation of the results of this promotion. If you have any questions, please contact Customer Support.
