Bybit Opens Final USD1 Rewards Round With 35M WLFI

What happened

Bybit opened the fifth and final month of its USD1 Hold & Earn campaign. The campaign offers 35 million WLFI in rewards and promotional returns of up to 8%.

Confirmed

Global impact / market context

This final round may encourage holders to keep USD1 on Bybit rather than move it elsewhere, which supports USD1 demand and trading activity. It also adds WLFI tokens into circulation, which may pressure WLFI's price if recipients sell.

Analyst inference

Crypto exchanges often use reward campaigns to attract deposits and keep users active. Offering a large WLFI amount suggests Bybit wants to boost USD1 usage. This is a short-term promotion, so any effect on deposits or token supply may fade.

Analyst inference

What to watch

1. The campaign is the fifth and final month, so no further rounds are scheduled under this program. Watch whether Bybit announces a replacement campaign after it ends. Confirmed
2. Watch how many WLFI rewards are claimed and whether recipients sell them. Large selling could lower WLFI's price, while holding could support it. Analyst inference
3. Watch whether USD1 deposits on Bybit rise during the campaign and whether they stay after rewards stop. A drop would suggest the promotion mainly attracted temporary deposits. Proposed

Affected assets

• USD1 — USD1
• WLFI — World Liberty Financial

Evidence

• catenaa.com