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 accommodate significant network growth. It is fully compatible with the Ethereum Virtual Machine (EVM), allowing for the smooth 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.

Seven projects and tools are featured in the Monad Ecosystem Airdrop, each leveraging the unique capabilities of the Monad blockchain. Nad.fun offers a dynamic social memecoin platform, while Cycle Network provides seamless cross-chain operations. ChainPro delivers real-time analytics and developer tools, and Plato enables secure data trading. mu digital offers cost-effective NFT minting, and Wumbo by Hyperplex optimizes liquidity pool yields. Belief Market is a prediction platform that experiments with insights-driven predictions on potential future outcomes.

Emily Bao, Head of Bybit Web3, highlighted the significance of blockchain-based innovations like Monad, stating that they empower the entire Web3 ecosystem. Bybit Web3 is committed to creating a simpler, open, and equal ecosystem for everyone, with a community of over 130 million wallet addresses across over 30 major ecosystem partners. The platform provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting, and growing Web3 assets as open and simple as possible.

Bybit, founded in 2018, is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. The exchange is renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, bridging the gap between TradFi and DeFi.