Bybit launches WLFI and SOMI Token Splash campaigns
Cryptocurrency exchange Bybit has unveiled two major promotional campaigns — WLFI Token Splash and SOMI Token Splash — offering a combined prize pool of several million tokens to incentivize both new and active traders.
The events are part of Bybit’s broader strategy to drive user engagement and strengthen liquidity around newly listed assets. The user receives $5 in tokens for registering and participating in Token Splash (any active one).
WLFI Token Splash
For the WLFI Token Splash, participants can compete for a share of 1,600,000 WLFI tokens.
To participate, new users must:
1. Register on Bybit between September 5–16.
2. Complete Identity Verification Level 1.
3. Make a first deposit of at least $100.
Additionally: The first 5,000 users who deposit at least 500 WLFI, or alternatively deposit and trade $100 worth of WLFI, will each receive 200 WLFI.
In addition, Bybit has set aside a 600,000 WLFI trading prize pool for all users:
1. Register for the event
2. During the promo period, trade at least 500 USDT worth of WLFI on Spot.
SOMI Token Splash
The second promotion, SOMI Token Splash, is even broader in scope, featuring a total of 5,000,000 SOMI tokens in rewards.
To participate in the SOMI Token Splash, new users must:
1. Register on Bybit and create an account.
2. Complete Identity Verification Level 1.
3. Deposit at least 200 SOMI or make a first trade worth $100 in SOMI.
The first 6,000 users who complete these steps will each receive 500 SOMI.
Bybit is also distributing 2,000,000 SOMI tokens for all active participants:
1. Register for the event
2. During the promo period, trade at least 500 USDT worth of SOMI on Spot.
The structure mirrors the WLFI campaign, aiming to ensure both newcomers and seasoned traders can benefit.
Bybit’s strategy and market impact
Bybit’s Token Splash events highlight the exchange’s focus on combining marketing campaigns with liquidity-building mechanisms for newly listed tokens. With millions of tokens at stake and rewards tailored to both entry-level participants and experienced traders, the promotions demonstrate Bybit’s approach to community-driven growth.
As previously covered, Bybit launches 50,000 XUSD reward pool for fiat USD deposits.
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