USDT Festival
Trade & Win 500,000 USDT
Trade USDT Options & Expiry Futures and win a share of 500,000 USDT!
March 1, 2025, 12AM (midnight) UTC – March 31, 2025, 11:59PM UTC
This event has ended.
Total Prize Pool
(USDT Bonus)
(USDT Bonus)
Total Trading Volume
(USDT)
(USDT)
100,000
< 2 billion
200,000
2 billion - 5 billion
300,000
5 billion - 8 billion
400,000
8 billion - 15 billion
500,000
> 15 billion
Unlock the 500,000 USDT Prize
· The prize pool will be unlocked based on the total trading volume generated from USDT Options & Expiry Futures, up to 500,000 USDT.
· Data updates daily at 4AM UTC. Trading data have been updated since March 2nd, and my estimated rewards have been updated since March 8th.
· Users must register for the event to be eligible for the rewards distribution.
· Rewards will be distributed based on your proportion of trading volume in USDT Options and USDT Expiry Futures. The more you trade, the more you earn.
· Eligible trading volume for this event includes the effective USDT Options and USDT Expiry Futures trading volume within the event period.
· Effective USDT Options Trading Volume: Effective if Executed Price > Underlying x VIP0 Taker Fee Rate x 4, otherwise ineffective.
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.
Glossary & FAQs
What are Bybit Options?
Bybit offers European-style, cash-settled Options that can only be exercised at contract expiration. There are two types of Options: Calls and Puts.
What’s the difference between Options and Futures?
Options give the holder the right (but not the obligation) to buy or sell the underlying asset at a specific price on a specific date.
Futures require the holder to buy or sell the asset at a predetermined price and date.
Are there any fees associated with Bybit Options?
Options trading may incur three types of fees: trading fee, delivery fee, and liquidation fee.
To learn more about Bybit Options fees, refer to Bybit Options Fees Explained
What types of Options contracts does Bybit offer?
Bybit offers a range of Options contracts with varying expiration dates, including:
Daily, Bi-Daily, Tri-Daily, Weekly, Bi-Weekly, Tri-Weekly, Monthly, Bi-Monthly, and Quarterly.
What are the expiration Options available for Bybit's BTC and ETH contracts?
Bybit currently offers nine (9) expiration Options for both BTC and ETH contracts:
Daily, Bi-Daily, Tri-Daily, Weekly, Bi-Weekly, Tri-Weekly, Monthly, Bi-Monthly, and Quarterly.
We’re continually working to add new Options, so stay tuned for updates!
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.
- This event is open to users of all levels, including institutional users, VIP users, Pro users, and Market Makers.
- 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 x VIP0 Taker Fee Rate x 4.
- The trading volume of Subaccounts will be merged with the Main Account and will not be counted separately.
- All rewards will be distributed as USDT bonuses.
- 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.
- Starting Dec 30, 2024, users in the EEA will no longer be able to register for events or receive rewards. The EEA includes the following countries: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Romania, Portugal, Slovakia, Slovenia, Spain, and Sweden.