Bybit review: Alpha Season 5 offers $600,000 prize pool
Bybit has unveiled Alpha Trading Fiesta Season 5, a year-end promotional campaign offering traders a combined $600,000 prize pool through trading-based rewards and competitive rankings.
Running from December 19, 2025, to December 31, 2025, the initiative is designed to boost activity on Bybit Alpha, the platform’s token discovery and trading hub.
1. Alpha Lucky Draw: 100,000 USDT prize pool
At the center of the promotion is the Alpha Lucky Draw, which allocates $100,000 USDT across five rounds. Participants can earn lucky draw tickets by completing simple trading tasks on Bybit Alpha.
Traders receive two tickets for completing their first Alpha trade and two additional tickets for achieving a daily trading volume target. The more a user trades, the more tickets they accumulate, increasing their chances to win prizes of up to 100 USDT per draw.
Bybit said the structure is intended to reward consistent engagement rather than one-off activity, encouraging traders to remain active throughout the season.
2. Alpha trading competition with tiered prizes
Alongside the lucky draw, Bybit is hosting an Alpha Trading Competition with a $500,000 USDT prize pool, also spread across five rounds. Each round rewards the top 100 traders based on trading performance. The top positions receive:
- 1st place: 8,000 USDT
- 2nd place: 6,000 USDT
- 3rd place: 4,000 USDT
- Tiered rewards for the top 100
The multi-round format gives participants repeated opportunities to compete and earn rewards over the course of the campaign.
How to join the promotion
1. Enter Bybit Alpha
2. Select preferred tokens
3. Trade using the UTA balance, similar to Spot trading
About Bybit
Bybit is a global cryptocurrency exchange offering spot and derivatives trading, advanced order tools, deep liquidity, and unified trading accounts. The Alpha feature focuses on early-stage token discovery, enabling traders to explore new assets within a familiar trading environment.
As the promotion runs through the end of the year, Bybit’s latest campaign underscores a broader industry trend of pairing trading engagement with gamified incentives and competitive formats.
In addition, we wrote that Bybit started NIGHT spot listing paired with dual Token Splash events.
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