Bybit Launches 150,000 USDT Prize Pool for xStocks with 200% APR

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched a 150,000 USDT prize pool campaign to promote its xStocks offerings, expanding access to tokenized U.S. equities and ETFs for global traders [1]. The initiative, active until August 15, 2025, 10AM UTC, includes two key activities: “Token Splash,” where users compete for a 100,000 USDT prize pool by trading xStocks, and “Easy Earn,” offering up to 200% APR with capital protection for staked positions. xStocks tokens, backed 1:1 by real-world shares, provide fractional ownership in major equities like AAPLX, NVDAX, and TSLAX, accessible via Ethereum and Solana blockchains [1].

The campaign underscores Bybit’s strategy to bridge traditional finance (TradFi) and decentralized finance (DeFi) by tokenizing assets. Bybit highlights advantages such as 24/7 trading, lower entry barriers through fractional ownership, and portfolio diversification with exposure to tech, EV, and blockchain sectors [1]. The platform’s xStocks selection includes 10 tokens, all transferable and compatible with major blockchains. Users are directed to Bybit’s Trade GPT tool for analytical insights on token fundamentals and performance [1].

This move aligns with growing demand for hybrid financial products that combine equity exposure with DeFi yield opportunities. Bybit’s xStocks model addresses traditional market limitations, such as liquidity constraints and accessibility, by leveraging on-chain infrastructure. The 150,000 USDT prize pool serves as both user acquisition and engagement incentive, reflecting the exchange’s competitive positioning in the tokenized asset space.

Critically, the success of xStocks hinges on user adoption and regulatory clarity. While Bybit emphasizes global accessibility, the product is subject to regional restrictions, as noted in the campaign terms. The integration of tokenized equities also raises questions about custody frameworks and risk management, though Bybit states assets are held in custody by the issuer [1].

The initiative positions Bybit to capitalize on the expanding tokenized securities market, which analysts predict could reach $16 trillion by 2030. However, the platform must navigate challenges such as market volatility, compliance requirements, and user education to sustain growth. The 200% APR in “Easy Earn” underscores the high-yield potential of tokenized assets but also highlights the risks associated with DeFi staking mechanisms [1].

Source: [1] [Bybit Amplifies xStocks Offerings with 150,000 USDT Prize Pool Campaign] [https://cryptodaily.co.uk/2025/07/bybit-amplifies-xstocks-offerings-with-150000-usdt-prize-pool-campaign]