WSOT 2026: Week 1 Leaderboard Update - Early Birds Win Gold Bar, Thousands of USDT



• Bybit's WSOT 2026 kicked off on Oct 29th, frontrunners already claiming early rewards

• Lucky Wednesday Draw (Nov 4th) winner: User number U9V9LJ won a 5g Gold Bar

• Mark's Team tops Early Bird Leaderboard and Best Leader squad rankings

• Spot section of "Global Assets Showdown" kicked off to shocking price declines for spot crypto, stocks on Nov 5th - potentially benefitting "short" trades

• Nov 5th market crash triggered by traders/investors who feared "blue wave" impact on AI stocks

Compete for a share of up to 10M USDT



The first week of WSOT 2026 saw big moves across markets and on the leaderboard!



The World Series of Trading (WSOT) is Bybit's annual global trading competition, featuring prizes worth up to 10 million USDT.

Since kicking off on October 29th, there have been notable wins in the early stages of this year's competition.



Lucky Wednesday draw - Nov 4th



User number U9V9LJ won a 5g Gold Bar after lighting up 1 arena as part of WSOT's Preheat Quest.

The next Lucky Wednesday draw is set for November 11th, 2026.



Squad Showdown



• Early Bird Leaderboard

Mark's Team, IB BD, and ODYSSEY raced out of the gates - becoming the first 3 teams to recruit at least 10 members into their respective squads, with each holding at least 100 USDT in assets.

At the time of writing, almost 500 squads have already stamped their names on the Early Bird Leaderboard, featuring these prizes:

• 100 USDT = Top 100 Leaders

• 50 USDT = squads ranked 101-200



• Best Leader squad rankings

Mark's Team also currently sits pretty at the top of the leaderboard of squads with 50 members or more, each with a trading volume of at least US$ 50,000.

The "Best Leader" rankings feature a a share of a 50k USDT prize pool based on the squad's proportion of the total number of effective members.



Here's a reminder of key DEADLINES for the Squad Showdown:

• Nov 11 @ 10:00 AM UTC: Creating a squad

• Nov 13 @ 9:30 AM UTC: Reaching the minimum 10 members per squad

• Nov 19 @ 10:00 AM UTC: Joining a squad

The main competition for the Squad Competition begins on Nov 13th @ 10:00 UTC.



Global Assets Shodown



The Global Assets showdown makes its debut at WSOT 2026 - where participants can trade Spot and TradFi perps to share up to 3 million USDT:

• Spot section kicked off Nov 5th

• TradFi Perps section will begin on Nov 19th.



And the top 3 names on the Spot Volume Leaderboard have already each earned US$ 6,080 in rewards.



"Shorts" may have profited as spot Crypto, Stocks sank after "blue wave"



As the Spot section of the Global Assets Showdown kicked off on Nov 5th, markets saw massive moves:

• Bitcoin fell 5.5% to mark its biggest one-day drop in exactly 9 months (since Feb 5th, 2026)

• Sandisk - once a star-performer across US Stocks - sank 22.3%, making it yesterday's worst-performer on the S&P 500 index.

• Micron, Western Digital, AMD, Marvell, Bloom Energy, and Seagate each fell between 16% - 17.5% respectively - counting themselves among the 10 biggest losers on the S&P 500 on Nov 5th.

Markets went into a selling frenzy - sending shockwaves through crypto, stocks, and major indexes - following the "blue wave" after Democrats swept the US midterm elections.

Among the hardest hit? The once-high-flying AI stocks listed above.Many AI-linked stocks came crashing back down to earth this week amid fears that a Democrat-led Congress could slow the AI data centre boom.

Still, traders who went "short" (expected prices to fall and hit the "sell button" first) may have reaped massive profits from the steep price declines on Nov 5th.

ICYMI: We'd flagged the US midterms as a major market risk as early as Monday, November 2.

^{READ MORE (published Nov 4th): What a Democrat-led Congress Means for Crypto Regulations}





November 2026: Market-Events Guide



But wait - there could be even more market volatility during the rest of the WSOT competition, potentially triggered by these events:



WSOT participants can get a heads up and better position their trades by following Bybit Learn's Market Pulse reports.





DISCLAIMER: This article is provided for general information purposes only and does not constitute investment advice, nor an offer or solicitation to buy or sell any financial instruments or digital assets. Past performance is not indicative of future results. Your ability to access or use any products or services mentioned may be subject to the laws and regulatory requirements of your jurisdiction.