Cryptocurrency exchange Bybit has announced the launch of its new SHARDS token as part of its Megadrop program. The event is set to take place in early September 2025.
Launch of SHARDS Token
The SHARDS token is the eighth project introduced in the Bybit Megadrop program. The official listing of the token is scheduled for September 5, 2025, and users can participate in the distribution of a 60 million SHARDS prize pool from August 28 to September 3, 2025.
Participation Terms in Megadrop
To participate in the Megadrop, users can stake USDT or MNT to earn a share of the total prize pool. There are also ways to enhance winning chances through trading: users can increase their points by making at least one trade daily. Rewards will be distributed in three batches from September 5 to 9, 2025.
About Bybit and Its Objectives
Bybit is the second-largest cryptocurrency exchange in the world by trading volume, serving over 70 million users. Founded in 2018, Bybit aims to create an open ecosystem in the decentralized financial world. Bybit actively partners with various blockchain protocols to provide optimal infrastructure and promote innovations in Web3.
The launch of the SHARDS token and the Megadrop program represents significant steps in the development of the Bybit community, providing users with new engagement opportunities in decentralized finance.
