Bybit, the world's second-largest cryptocurrency exchange by trading volume, reported record participation in COA tokens during the Megadrop Phase 7 project.
Record COA Token Participation
The Megadrop Phase 7 project featuring COA tokens launched on July 18 at 12 PM UTC, with over 100 million USDT staked within the first 14 hours. The associated 30-day USDT Earn product was fully unlocked within four hours, while the 14-day pool sold out in the next 10 hours. The total staked amount reached 105 million USDT.
Megadrop Project Features
The Megadrop provided a structured and educational approach with dual rewards. Participants not only receive their regular APR returns from savings plans but also shares of new token airdrops proportionate to their subscription amount and based on completion of optional educational tasks.
About Bybit
Founded in 2018, Bybit serves a global community of over 70 million users. The exchange focuses on Web3 and partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation.
The Bybit Megadrop Phase 7 with COA tokens illustrates users' strong interest in cryptocurrencies and innovative DeFi projects, creating new investment opportunities.
