Dubai, UAE, March 3rd, 2026, Chainwire
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has introduced the Earn Carnival campaign, offering eligible users enhanced earning opportunities across selected Earn products tied to USDT and XAUT, alongside a total prize pool of 2,500,000 USDT.
The campaign is designed to support users seeking yield on both stablecoin holdings and tokenized assets through a range of products available on Bybit Earn. Rewards under the Earn Carnival are allocated on a first-come, first-served basis, subject to eligibility and applicable terms.
As part of the campaign, Bybit is offering a boosted annual percentage rate of up to 10 percent on BYUSDT flexible savings. BYUSDT represents a tokenized USDT position that can be used for flexible savings while also serving as trading collateral with a 100 percent collateral value ratio under the Unified Trading Account. During the campaign period, the personal APR cap for BYUSDT has been increased from 10,000 USDT to 100,000 USDT.
The Earn Carnival also features enhanced returns through Mantle Vault, a product designed to provide on-chain yield opportunities with a focus on flexibility and risk management. Participants can receive up to an additional 4 percent APR on top of the standard USDT rate for Mantle Vault, with no personal cap applied during the campaign.
In addition, Bybit is expanding earning options for XAUT, a tokenized gold asset, allowing users to diversify beyond crypto-native exposure. Under the campaign, a fixed-term XAUT product offers up to 12 percent APR over a 21-day period, while a flexible XAUT Easy Earn product provides up to a 10 percent bonus APR with a minimum investment of 0.05 XAUT.
Participation in the Earn Carnival is limited to users who have completed Individual Identity Verification Level 1 or Business Verification and who are eligible to access Bybit Earn services. Availability may vary by jurisdiction, and users from restricted or service-restricted countries are excluded in accordance with legal and regulatory requirements.
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About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit 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. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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Contact
Head of PR
Tony Au
Bybit
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