Bybit's Groundbreaking WSOT Onchain Wave Achieves Over $1 Million in Rewards
The cryptocurrency exchange Bybit has launched its first Onchain Wave for the World Series of Trading (WSOT) on the innovative Solana blockchain. This exciting event is live as of August 21, 2025, and will run until September 15, 2025, at 10 AM UTC. Notably, the WSOT features more than $1 million in rewards, distributed in BBSOL and USDC tokens. Participants on both the Bybit Web3 and Byreal platforms are eligible, as users from centralized exchange (CEX) and decentralized exchange (DEX) seamlessly compete on a unified leaderboard.
The WSOT Onchain Wave emphasizes collaboration within the Solana ecosystem, engaging various prominent Solana-based projects and platform partners, including xStocks, Sanctum, DeFiTuna, Sonic SVM, CUDIS, and Fragmetric. Each partner contributes unique trading opportunities, liquidity, and asset treatments, enhancing the overall trading experience. Emily Bao, founder of Byreal, expressed her excitement: "Byreal's mission is to bring onchain trading to levels of quality and credibility that rival centralized markets," she stated. This partnership allows for the largest trading competition to reach the decentralized finance (DeFi) community for the first time.
At the heart of the Onchain Wave are several competitive elements designed to engage traders:
Participants on Bybit Web3 can log in to trade assets marked for the WSOT through their accounts, but must have completed Individual Identity Verification Level 1 and be using the Bybit app version 5.0.0 or later. Current access to Byreal is limited to whitelisted users, who may connect via their Solana wallets. Active users of Solana may gain whitelist access shortly after registration.
Trading assets tagged with WSOT on either platform will contribute to both weekly and overall leaderboards. However, a minimum trading volume is necessary to qualify for rewards, with the thresholds varying from $5,000 to $500,000, depending on the leaderboard position and round.
The launch of the Onchain Wave represents a pivotal moment for WSOT as it merges innovation with competitive spirit, celebrating the event's sixth anniversary in an engaging and rewarding manner. Strict participation restrictions and user requirements apply, and full rules are available for users to review at WSOT 2025.
Bybit is the second-largest cryptocurrency exchange globally, based on trading volume, with over 70 million users. Founded in 2018, Bybit is committed to building an open and equitable ecosystem in the decentralized finance realm. Focused on Web3 advancements, the platform collaborates with leading blockchain protocols to ensure robust infrastructure and promote onchain innovation. Bybit is recognized for its top-notch security, diverse market offerings, and a user-friendly experience, bridging traditional finance and decentralized finance effectively.
For further information about Bybit, visit the Bybit Press website or follow their growing community through various social media platforms.
The WSOT Onchain Wave emphasizes collaboration within the Solana ecosystem, engaging various prominent Solana-based projects and platform partners, including xStocks, Sanctum, DeFiTuna, Sonic SVM, CUDIS, and Fragmetric. Each partner contributes unique trading opportunities, liquidity, and asset treatments, enhancing the overall trading experience. Emily Bao, founder of Byreal, expressed her excitement: "Byreal's mission is to bring onchain trading to levels of quality and credibility that rival centralized markets," she stated. This partnership allows for the largest trading competition to reach the decentralized finance (DeFi) community for the first time.
At the heart of the Onchain Wave are several competitive elements designed to engage traders:
- - Weekly Competitions: Up to 250 BBSOL will be distributed weekly among the top 200 traders, totaling 650 BBSOL over the competition's four-week duration.
- - Grand Competition: A total of 1,650 BBSOL will be awarded to the top 1,000 traders overall, inspiring fierce competition.
- - 6th Anniversary Bonus: To celebrate the sixth anniversary of the WSOT, special rewards await the 6th-place winners at both weekly and overall levels.
- - Warrior Reward: Traders generating volumes of over $10,000 are eligible to share from a 900 BBSOL pool without requiring leaderboard placement.
- - Byreal-Exclusive Rewards: Liquidity providers can capitalize on daily payouts from a significant reward pool of 650,000 USDC by keeping eligible pools active.
How to Participate
Participants on Bybit Web3 can log in to trade assets marked for the WSOT through their accounts, but must have completed Individual Identity Verification Level 1 and be using the Bybit app version 5.0.0 or later. Current access to Byreal is limited to whitelisted users, who may connect via their Solana wallets. Active users of Solana may gain whitelist access shortly after registration.
Trading assets tagged with WSOT on either platform will contribute to both weekly and overall leaderboards. However, a minimum trading volume is necessary to qualify for rewards, with the thresholds varying from $5,000 to $500,000, depending on the leaderboard position and round.
The launch of the Onchain Wave represents a pivotal moment for WSOT as it merges innovation with competitive spirit, celebrating the event's sixth anniversary in an engaging and rewarding manner. Strict participation restrictions and user requirements apply, and full rules are available for users to review at WSOT 2025.
About Bybit
Bybit is the second-largest cryptocurrency exchange globally, based on trading volume, with over 70 million users. Founded in 2018, Bybit is committed to building an open and equitable ecosystem in the decentralized finance realm. Focused on Web3 advancements, the platform collaborates with leading blockchain protocols to ensure robust infrastructure and promote onchain innovation. Bybit is recognized for its top-notch security, diverse market offerings, and a user-friendly experience, bridging traditional finance and decentralized finance effectively.
For further information about Bybit, visit the Bybit Press website or follow their growing community through various social media platforms.
Topics Financial Services & Investing）
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