Bybit launches Megadrop with 6,500,000 OBOL prize pool
The event runs from April 30 to May 5
Bybit, one of the world’s leading cryptocurrency exchanges, has launched its latest Web3 initiative: Bybit Megadrop.
The new token launch platform gives users exclusive early access to emerging blockchain projects before public listings. The current featured project, OBOL, offers participants a share in a massive 6,500,000 OBOL token prize pool.
The event runs from April 30 to May 5, 2025, and allows users to stake MNT and USDT via Bybit Earn’s fixed-term investment options. Rewards are distributed in two rounds—one every seven days—based on participants’ accumulated scores.
OBOL will be officially listed on Bybit on May 7, 2025, coinciding with the start of the reward claim window.
How Megadrop works
To join the event, registered users must stake MNT and USDT in a fixed-term subscription through Bybit Earn, which not only provides stable APR returns but also enables participants to earn new token rewards. The more a user stakes, the greater their accumulated score—and thus, their share of the airdrop.
Rewards can be claimed starting May 7 at 7 a.m. UTC, with a final claim deadline of May 30 at 7 a.m. UTC. Unclaimed rewards after this date will expire.
This campaign is part of Bybit’s broader effort to integrate retail investors into early-stage token ecosystems and offer them structured, risk-managed exposure to Web3 assets.
Bybit strengthens its position in the Web3 ecosystem
Bybit continues to differentiate itself with user-focused innovations such as Megadrop, designed to streamline access to high-potential projects and reward early adoption. As token launches become more competitive, platforms offering seamless staking-to-airdrop experiences may redefine how investors approach new digital asset offerings.
We also reported earlier that Bybit announces MilkyWay listing with 5,500,000 MILK in rewards.
