Bybit, the second-largest cryptocurrency exchange in the world by trading volume, has announced the launch of the first Onchain Wave under the World Series of Trading (WSOT) on the Solana blockchain, running until September 15, 2025.
Launch of WSOT Onchain Wave
The WSOT Onchain Wave is open to participants on Bybit Web3 and Byreal platforms, showcasing collaboration with top Solana-based projects like xStocks, Sanctum, DeFiTuna, and others. This event promises new opportunities for traders by leveraging the advantages of the Solana blockchain.
Rewards and Participation Conditions
Participants can expect significant rewards, including:
* Weekly competition with 250 BBSOL for the top 200 traders. * Grand competition with 1,650 BBSOL for the top 1,000 traders. * Special rewards for those finishing in 6th place. * Rewards for traders with over $10,000 in volume. * Exclusive rewards for liquidity providers.
Minimum required trading volume varies depending on leaderboard position.
Future of WSOT on Solana
With the launch of the WSOT Onchain Wave, Bybit aims to expand opportunities for the DeFi community. Emily Bao, founder of Byreal, emphasized that partnering with WSOT allows for on-chain trading to be as reliable as centralized markets, opening new horizons for traders.
The WSOT Onchain Wave on Solana marks a new chapter for traders and highlights the potential of DeFi, offering diverse opportunities for participation in a competitive arena.