Bybit Megadrop Phase 7 Sees 105 Million USDT Staked

Bybit, a leading cryptocurrency exchange, announced a significant achievement with its Megadrop Phase 7 project featuring COA tokens. The project, launched on July 18, 2025, at 12 PM UTC, witnessed remarkable participation. Within just four hours, the associated 30-day USDT Earn products were fully unlocked, and the 14-day pool was sold out in the following 10 hours. The total amount staked reached 105 million USDT, exceeding the initial target of 50 million USDT.

COA, the native token of the decentralized network Alliance Games, is designed to integrate AI-driven game creation, blockchain-integrated multiplayer networks, and a distributed work node system. This token powers the entire ecosystem, enabling developers to access infrastructure, node operators to earn rewards, and users to stake, govern, and unlock advanced features.

Bybit Megadrop offers a structured and educational approach with a dual reward system. Participants not only receive their regular APR returns from savings plans but also gain shares of new token airdrops. These airdrops are proportionate to their subscription amount and based on the completion of optional educational tasks. This innovative approach makes earning new tokens accessible to users of all experience levels, maximizes rewards through simple engagement tasks, and allows users to leverage existing assets through Fixed-Term Savings plans rather than purchasing new tokens. Additionally, participants can earn both regular APR and free token airdrops simultaneously, and obtain tokens before they are listed on Bybit Spot.

The success of the Megadrop Phase 7 project underscores the growing interest and participation in the cryptocurrency market. Bybit's strategic focus on Web3 and its partnerships with leading blockchain protocols have positioned it as a key player in the decentralized finance (DeFi) space. The exchange's commitment to providing a secure, diverse, and intuitive user experience has empowered builders, creators, and enthusiasts to unlock the full potential of Web3. This event highlights Bybit's ability to bridge the gap between traditional finance (TradFi) and DeFi, fostering innovation and growth in the cryptocurrency ecosystem.