Bybit Launches $200,000 Airdrop for Monad Ecosystem Access

Bybit, the world’s second-largest cryptocurrency exchange, has launched an airdrop campaign to provide users with early access to the Monad Ecosystem. The campaign, which runs from April 3 to May 3, offers eligible Bybit Web3 users a chance to win a share of a $200,000 prize pool by completing on-chain tasks and participating in a lucky draw.

The Monad blockchain, known for its high-performance operation and scalable architecture, is designed to support significant network growth. It is fully compatible with the Ethereum Virtual Machine (EVM), allowing for seamless integration of existing Ethereum-based tools and code. The blockchain's unmatched throughput has already attracted a diverse range of decentralized applications, including projects focused on DeFi, NFT, on-chain gaming, and AI utilities.

Participants in the airdrop can engage with seven projects and tools within the Monad Ecosystem. These include Nad.fun, a dynamic social memecoin platform; Cycle Network, which leverages Monad's speed for seamless cross-chain operations; ChainPro, offering real-time analytics and developer tools; Plato, enabling secure data trading; Mu Digital, providing cost-effective NFT minting; Wumbo by Hyperplex, optimizing liquidity pool yields; and Belief Market, a prediction platform experimenting with insights-driven predictions.

Emily Bao, Head of Bybit Web3, emphasized the empowering nature of blockchain innovations like Monad. She stated that the blockchain and its enabled projects give creators and developers the freedom and tools to turn their ingenuity into reality. Bybit Web3 aims to share the beauty of Web3’s imagination with its community, fostering a simpler, open, and equal ecosystem for everyone.

Bybit Web3, with a community of over 130 million wallet addresses and more than 30 major ecosystem partners, provides a comprehensive suite of Web3 products. These products are designed to make accessing, swapping, collecting, and growing Web3 assets as open and simple as possible. The platform is backed by the security and expertise that define Bybit as a leading cryptocurrency exchange, trusted by over 60 million users globally.

Bybit, founded in 2018, is committed to redefining openness in the decentralized world. The exchange partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Bybit's focus on Web3 empowers builders, creators, and enthusiasts to unlock the full potential of decentralized finance.