Bybit Unveils October ’Hot Token Rush’ Daily Treasure Hunt
Bybit, the world’s second-largest cryptocurrency exchange, is relaunching its Bybit Daily Treasure Hunt this October under the ’Hot Token Rush’ campaign.
The Bybit Daily Treasure Hunt runs from September 28 to October 27, with pre-registration open until September 28. Traders earn points through trading, referrals, and engagement tasks to redeem expanded USDT prize pools.
Key upgrades cut scratch card requirements to 50 points, with top token airdrop prizes of 1,000 USDT. Referrals now award 10 points each (up to 20 friends). Completing three days of weekly trading tasks grants an extra 30 points. Limited-time tasks simplify daily goals, while activities like following and sharing remain.
New integrations allow participants to deploy DCA trading bots and leverage TradeGPT insights for automated strategies. Prize pools exceed 200,000 USDT for scratch cards and 300,000 USDT in the Points Plaza, plus daily chances to win 1,000 USDT instantly.
KYC verification is required, and the event excludes residents of certain jurisdictions, including the EEA. Bybit’s ’Hot Token Rush’ campaign underscores its focus on boosting user engagement and trading volume through gamified rewards.
Neutral
Bybit’s ’Hot Token Rush’ promotion is likely to increase platform trading activity and engagement but has limited impact on overall crypto market dynamics. Similar exchange campaigns—such as Binance’s ’BSC Hot Drops’—have driven short-term volume spikes without materially affecting asset prices or broader sentiment. In the short term, traders may increase spot and token trades to earn rewards, boosting Bybit’s volume. However, as prizes and participation constraints are time-bound, any uplift usually fades post-campaign. Over the long term, the event reinforces Bybit’s user retention strategy but does not address fundamental market drivers like macroeconomics or protocol developments, yielding a neutral market impact.