Bybit Launches ’Boost Battle’ — Weekly Trading Contest with 10,000 USDT Grand Prizes
Bybit, the world’s second-largest crypto exchange by volume, has launched Boost Battle, an eight-week competitive trading event running now through February 1, 2026. Each week traders register and accumulate points by trading non-zero-fee Spot or Futures pairs; weekly leaderboards award the top trader a grand prize of 10,000 USDT. The event highlights weekly “boosted tokens” that grant extra points and offers Lucky Draw tickets to traders who reach 10,000 USDT in daily trading volume on Spot or Futures. Boost Battle emphasizes simple entry (register and trade), aims to drive sustained trading momentum, and rewards consistent activity. Full terms, eligibility restrictions, and prize details are available on the event page.
Neutral
Client-facing promotional events from major exchanges like Bybit typically increase platform trading volume and short-term liquidity but do not by themselves change fundamental market direction. Boost Battle incentivizes higher trading activity through leaderboard rewards, boosted tokens, and lucky draws—measures that can drive elevated spot and derivatives volumes and tighter spreads while the campaign runs. Short-term effects: increased volume and volatility in featured tokens and pairs, potential temporary price pumps for ‘boosted tokens’ as traders chase points. Day traders and market makers may benefit from higher opportunities; retail may face higher slippage on thin pairs. Long-term effects: limited — once the eight-week campaign ends, volume is likely to normalize unless Bybit sustains incentives or broader market catalysts appear. Similar past exchange promotions (fee rebates, volume contests) produced transient spikes in on-exchange volume but no lasting directional bias for major assets like BTC/ETH. Therefore the market impact is neutral overall, though certain tokens featured as boosted can see short-lived bullish moves.