Bybit launches Walrus Wave event with 7,140 WAL prize pool

Bybit, a leading global crypto exchange, has rolled out a new promotional event called “Ride the Walrus Wave,” designed to reward participants with a share of 7,140 WAL tokens.
Running from April 10 to May 10, 2025, the campaign aims to engage both new and existing users through a combination of deposits and trading incentives tied to WAL, the native token of Walrus — a project focused on decentralized data storage.
How to participate
1. Participants must register for the event through Bybit’s platform.
2. Upon depositing $100 into a Bybit account, users become eligible for a 24 WAL bonus.
3. Trade $500 or more in WAL on Spot to earn an additional 100 WAL bonus.
The total rewards are distributed on a first-come, first-served basis from the 7,140 WAL pool.
The initiative not only incentivizes WAL activity on the platform but also introduces traders to Walrus’s ecosystem. Walrus aims to revolutionize on-chain data storage by offering a secure, scalable, and efficient protocol to meet the growing demands of decentralized applications.
Strategic timing
This promotion follows Bybit’s broader effort to diversify its offerings and deepen engagement in emerging crypto projects. It reflects the growing market appetite for utility tokens tied to real-world applications like decentralized storage.
As crypto traders continue to seek yield-generating opportunities, Bybit’s Walrus Wave offers an attractive incentive tied to an innovative Web3 infrastructure project. Traders interested in exploring the potential of WAL and earning token rewards can register and participate before the May 10 deadline.
Earlier we wrote Bybit invites to unlock $1,000 Position Airdrop.