Bybit’s Liquidity Shield Trading Carnival
Cryptocurrency exchange Bybit has unveiled an exciting new initiative aimed at traders, dubbed the “Liquidity Shield Trading Carnival,” featuring an impressive total prize pool of 1 million USDT. This limited-time event is set to run until May 3, 2025, and invites eligible participants to take advantage of unique protective measures provided by the platform, after completing their registration.
Key Features of the Trading Carnival
Central to this carnival are three pivotal elements designed to engage users:
1. Slippage Subsidy
Bybit has established a 300,000 USDT subsidy pool specifically to counter slippage for widely traded USDT pairs. Traders utilizing market orders can benefit from a potential subsidy of up to 10 USDT per transaction, allowing for a total potential benefit of 1,000 USDT per individual.
2. Ultimate Top 100 Battle
The second feature, known as the “Ultimate Top 100 Battle,” offers a compelling competition where the top 100 users—ranked by their spot trading volume—will vie for a share of a 200,000 USDT prize pool. Here, the top trader will be awarded 30,000 USDT, supported by an initial base prize of 100,000 USDT alongside the incentive pool of 200,000 USDT. This direct correlation between trading activity and rewards ensures that traders who maximize their volumes will see more significant returns.
3. Power Accelerator
Lastly, the “Power Accelerator” segment invites participants to enrich their trading experience by engaging with select popular cryptocurrencies. Traders who accumulate a trading volume exceeding 500 USDT in specific coins such as SOSO and DIAM will gain entry into another round of prize distribution, where a grand award pool of 500,000 USDT is at stake. This program also employs a tiered reward system, meaning that higher trading volumes equate to greater unlocking potential within the prize pool.
