Bybit’s Token Splash is an event designed to introduce users to new token listings, offering opportunities to earn rewards through deposits and trading activities.
Understanding Token Splash
Token Splash showcases various new tokens, allowing users to earn rewards by participating in associated tasks. These tasks typically involve depositing specific tokens or engaging in spot trading to meet or exceed minimum requirements. The event is open to all users who have completed individual Identity Verification (KYC) Level 1.
Participation Criteria
To participate in Token Splash:
- Registration: Users must register for the event by clicking the “Register Now” button on the event page.
- Identity Verification: Completion of KYC Level 1 is mandatory. Institutional users and Market Makers are not eligible.
- Main Account Usage: Participation is limited to Main Accounts; however, trading volumes from Subaccounts or trading bots during the event period are counted.
Earning Rewards
Participants can earn rewards through:
- Deposits: Accumulating deposits of relevant tokens to meet or exceed the minimum required amount during the event period. Deposits can be made through on-chain transfers, P2P, and One-Click Buy. Internal transfers are excluded. Bybit
- Trading: Achieving or exceeding the minimum required trading volume for the relevant tokens through spot trading. Both buy and sell trades conducted in the Main Account, Subaccounts, or via Trading Bots (Spot Grid Bot or DCA Bot) are included. API transactions are excluded. Bybit
Reward Calculation
Rewards are calculated based on the participant’s contribution relative to the total activity during the event. The formula used is:
(Your total spot trading volume / Total spot trading volume of all participating users) * Total prize pool
Each event may have a personal reward limit, and rewards are distributed on a first-come, first-served basis. Once the maximum number of eligible users is reached, subsequent participants may not receive rewards.
Reward Distribution
Rewards are credited to winners’ Bybit Funding Accounts within 14 days after the event concludes. Participants are advised to refer to event announcements and the landing page for specific reward information.
Recent Token Splash Event: CARV
A recent Token Splash event featured CARV, where participants could trade to win a share of 50,000 CARV tokens. The event required users to trade at least 1,000 USDT worth of CARV on Spot during the event period, with rewards capped at 1,000 CARV per user.