Bybit announces the return of its ‘Battle for the Top’ event, rewarding top P2P merchants with a 5,000 USDT prize pool from August 2 to September 30, 2025.
The event stimulates market liquidity and enhances merchant engagement on Bybit, promoting active participation in P2P trading activities.
Bybit’s “Battle for the Top” is back, offering a 5,000 USDT prize pool to motivate top merchants. This initiative aims to encourage trading activity within Bybit’s P2P platform over a ten-week period.
The event is active from August to September 2025, targeting P2P merchants who meet specific criteria. Participants must register and comply with the minimum trading volume to qualify for weekly rewards.
Merchant Activity Boosted by Bybit’s Rewards
Bybit’s event enhances trading volumes and liquidity for P2P transactions, specifically in USDT pairs. CEO Ben Zhou emphasized the rewards’ role in fostering an active and trusted merchant community.
Financial incentives like the 5,000 USDT prize pool may increase merchant engagement. Arthur Hayes lauded the event as a smart liquidity-boosting initiative, aligning with broader market engagement trends.
Bybit Doubles Competition Duration Since 2024
Previous similar events include Bybit’s 2024 competition, which successfully boosted trade by 30%. The current iteration builds on this precedent by doubling the prize pool duration.
Market experts, including CZ of Binance, highlighted how P2P trading events support local financial inclusion and foster exchange communities. The increased USDT activity reflects familiar trends favoring stablecoin liquidity.
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