Bybit Launches 300,000 USDT TradFi vs Crypto Copy-Trading Challenge

Published: 2026-02-09 18:37:14 |

Bybit has launched the Master Trading Challenge: TradFi VS Crypto, a global copy-trading tournament offering a 300,000 USDT prize pool across two independent two-week rounds (Round 1: Feb 9–24, 2026; Round 2: Feb 27–Mar 14, 2026). Each round carries a 150,000 USDT prize pool and separate leaderboards. Master Traders may compete in two categories — classic crypto perpetual contracts or TradFi-style products — with rankings based on team trading volume and profit-and-loss. Eligibility requires minimum team trading volumes (classic: 75,000 USDT; TradFi: 1,500,000 USDx) and at least 20 unique active followers per Master Trader. The top 50 Master Traders per round share awards (first place receives 39,000 USDT); winners keep 50% of team rewards while the remainder is distributed to followers proportionally. A social “Like” reward gives the first 1,000 supporters of a top-three liked trader a share of 2,000 USDT. Bybit positions the event amid rising retail interest in copy trading as a way for less experienced traders to mirror seasoned strategies during volatile markets. Terms and eligibility apply.

Neutral

This announcement is primarily a marketing and user-acquisition event rather than a protocol or macro development that directly affects liquidity, token fundamentals, or network security. Short-term impacts: neutral-to-mildly bullish for Bybit-specific trading volume and retail activity as the competition can increase platform order flow and copy-trade volumes during February–March, potentially raising spot and derivatives volumes for liquid assets. It may also temporarily elevate volatility in pairs favored by top Master Traders. Long-term impacts: neutral — promotional tournaments historically boost exchange user engagement but do not materially change market structure or crypto asset fundamentals. Comparable past events (exchange trading competitions) produced spikes in volume and ephemeral price moves around contest dates but no sustained market-directional effect. Risks: concentrated volume in specific strategies can amplify short-term slippage and liquidations for leveraged positions; traders should be wary of copy-trading blindly during contests when strategies may be optimized for leaderboard metrics rather than risk management.