What is Bybit Megadrop?

Bybit Megadrop is a brand-new token launch platform that integrates Fixed-Term products with airdrop mechanics, designed to revolutionize how users participate in Web3 airdrops. Through Megadrop, users can gain early access to token rewards from high-quality projects before the tokens officially launch.

Note: This campaign is not available to users from the European Economic Area (EEA), including Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Iceland, Liechtenstein, and Norway. All EEA users are strictly prohibited from participating in this campaign.

How do I participate in Megadrop?

To participate in Megadrop, follow these steps:

• Complete identity verification (KYC)
• No manual registration is required for Megadrop. You may directly subscribe to eligible Fixed-Term products to earn points.
• The Megadrop system will automatically take snapshots and calculate your points accordingly

Note: Sub-accounts, corporate accounts, institutional users, and market makers are not eligible for Megadrop.

How can I earn points?

You can earn points by subscribing to designated Fixed-Term products. Points vary depending on the product and the lock-up period:

• Supported durations: 14, 30, 60, 90 days
• The longer the lock-up period, the more points you can earn
• Each product may have its own subscription limit

Snapshot Mechanism:

• Your holdings in Fixed-Term products will be captured hourly via system snapshots
• Points will be calculated based on your holdings and the product’s point coefficient
• Daily snapshot results will be updated at 08:00 UTC on the following day.
• You can view your snapshot records in the “Snapshot Record” section

Currently supported Fixed-Term products include MNT and USDT, with more asset options coming soon—stay tuned!

How can I earn more points / What are the daily tasks?

After subscribing to eligible Fixed-Term products, you can earn point multiplier by completing daily tasks. The point multiplier will apply starting from the next snapshot after the task is completed and will last until the end of the daily snapshot cycle.

• Task types vary by project. Please refer to the project page for specific task details.
  • Example: Complete any spot trade during the day
• Please note that tasks refresh daily, so you must complete them each day to continuously get extra points boost.

Points formula: Fixed-Term subscription amount × Product point coefficient × Daily task point multiplier

How are rewards calculated?

The system will take random snapshots of your Fixed-Term holdings daily. Points will be accumulated based on your holdings and the relevant product coefficient. After the campaign ends, rewards will be distributed proportionally based on your share of the total accumulated points.

Reward Calculation Formula: (User’s Points in the Specified Token Pool / Total Points in the Specified Token Pool) × Total Reward Amount for That Token

Reward cap: Each user can receive a maximum of 1% of the total reward pool.

How are rewards distributed?

After the Megadrop campaign ends, token rewards will be available for manual claim on the project page within a specified period. Please ensure you claim your rewards before the deadline.

• After claiming, rewards will be distributed in two separate batches, 7 days apart
• Tokens will be credited directly to your account

Can I redeem my tokens early?

All Fixed-Term products do not support early redemption. Subscribed tokens will be automatically released to your funding account after the lock-up period ends.