Bybit Brings Back Web3 Platform With Simplified Trading and $200K Giveaway
Bybit is making a fresh push into decentralized finance, unveiling a revamped version of its Web3 platform that aims to strip away the complexity often tied to on-chain trading.
The relaunch follows a pause earlier this year, during which the exchange overhauled its offering to make it more accessible for a global user base.
Instead of forcing traders to handle multiple wallets and network fees, the new setup lets them dive into Web3 using just their Bybit Unified Trading Account.
Supported assets include USDT, USDC, SOL, and bbSOL, with direct access to popular Solana-based tokens such as TUNA, PUMP, FRAG, Fartcoin, JLP, RAY, MOODENG, LetsBONK, TSLAx, MSTRx, SPYx, CRCLx, and NVDAx.
Streamlined Access to DeFi
The updated platform merges core DeFi capabilities with Bybit’s existing exchange, allowing users to switch between centralized and on-chain markets without extra setup. This integrated approach is designed to appeal to both newcomers testing DeFi for the first time and seasoned traders looking for speed and simplicity.
$200K in Rewards for Web3 Traders
Bybit is marking the relaunch with a limited-time campaign running until September 7, 2025. Participants can earn rewards in two ways:
- Completing easy introductory tasks, such as executing a first Web3 trade, for a share of a 120,000 USDT prize pool.
- Competing for top spots on the trading leaderboard, where the most active traders can claim a portion of an 80,000 USDT pool.
Rewards will be distributed on a first-come, first-served basis, and full participation details are available through Bybit’s platform.
Looking Ahead
The exchange has signaled that more features are in the pipeline, including tools for on-chain and off-chain arbitrage. The goal is to give users more ways to identify and act on trading opportunities, without leaving the Bybit ecosystem.
With this relaunch, Bybit is aiming to make Web3 trading less intimidating and more tightly woven into the everyday experience of its users — removing friction while keeping the freedom that decentralized markets offer.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
