Bybit Launches 150,000 USDT xStocks Campaign Offering 200% APR Staking

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched a 150,000 USDT prize pool campaign to amplify its xStocks offerings, a novel class of tokenized U.S. equities and ETFs. The initiative, active until August 15, 2025, 10AM UTC, features two key components: Token Splash, where users trade xStocks to compete for a 100,000 USDT prize pool, and Easy Earn, offering stakers up to 200% annualized percentage rate (APR) returns with capital protection. Each xStock is backed 1:1 by real-world shares held in custody by the issuer, enabling fractional ownership and 24/7 trading via on-chain liquidity [1]. The platform currently lists 10 tokenized assets, including AAPLX, NVDAX, and TSLAX, across Ethereum (ERC-20) and Solana (SPL) blockchains.

The campaign aligns with Bybit’s broader strategy to bridge traditional finance (TradFi) and decentralized finance (DeFi) by addressing liquidity and accessibility gaps. Tokenized equities offer affordable entry points for investors, global accessibility, and the ability to diversify portfolios through exposure to technology, financial services, and blockchain sectors. The integration of TradeGPT—a tool for analyzing xStocks fundamentals—further supports informed trading decisions [1]. However, regional restrictions and custody risks remain potential barriers to widespread adoption, as highlighted by industry analyses [2].

The 200% APR in Easy Earn is a standout feature, combining equity exposure with DeFi yield opportunities—a hybrid model uncommon in traditional asset classes [1]. This dual utility could attract both conservative and speculative traders, while Token Splash incentivizes trading volume, supporting Bybit’s growth objectives. The platform’s 70-million-user base and strategic partnerships with blockchain protocols position it to drive on-chain innovation, though geographic compliance challenges may limit the campaign’s reach in certain jurisdictions [3].

Bybit’s xStocks initiative reflects broader industry trends toward tokenization, with competitors increasingly adopting real-world asset (RWA) strategies. The exchange’s emphasis on capital-protected staking and high APR differentiates it from peers, aligning with maturing regulatory frameworks in the U.S. and other markets. Yet, custody risks—such as reliance on third-party storage of underlying assets—remain a concern for risk-averse investors, underscoring the need for robust custodial solutions [2].

The success of the campaign will hinge on user participation and Bybit’s ability to navigate regional compliance hurdles. With tokenized equities offering 24/7 trading and fractional ownership, the platform aims to democratize access to global markets. As tokenization gains traction, Bybit’s xStocks model could serve as a blueprint for integrating TradFi and DeFi, provided it mitigates operational and regulatory challenges effectively.

Source:

[1] [Bybit Amplifies xStocks Offerings with 150,000 USDT Prize Pool Campaign](https://www.thestreet.com/crypto/press-releases/bybit-amplifies-xstocks-offerings-with-150000-usdt-prize-pool-campaign)

[2] [Bybit Launches 150,000 USDT Prize Pool for xStocks with](https://www.ainvest.com/news/bybit-launches-150-000-usdt-prize-pool-xstocks-200-apr-2507/)

[3] [Bybit Amplifies xStocks Offerings with 150,000 USDT Prize Pool Campaign](https://blocktelegraph.io/amid-ethereum-bull-run-p2p-org-announces-user-growth-and-staking-milestones-across-platform/)