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 has undergone a revamp! Here are the updates you need to know.

Aug 30, 2023, 10AM UTC – Sep 5, 2023, 11AM UTC

The first Launchpad 3.0 project, Cashtree (CTT), will go live on Aug 30, 2023!

Please scroll to the bottom of this page for a walkthrough on how to join Launchpad 3.0 events.

Event 2: Take a Quiz to Share 42,500 MNT 

How well do you know Launchpad 3.0? Take a quiz to test your knowledge! Answer all questions correctly and join the CTT Launchpad to share a 

If you'd like to subscribe to token allocation: Your daily average balance of MNT must be equal to or greater than 50 MNT during this period, and it will determine your maximum allocation of new tokens.

If you'd like to participate in the lottery: Your daily average wallet balance of USDT must be at least 100 USDT during this period. Additionally, your daily average Spot trading volume must be at least 50 USDT during this period. The more you trade, the more Lottery Tickets you can earn.

* New user refers to a user who signs up with Bybit for the first time.

** Launchpad period refers to the period from when the Launchpad is officially announced until the end of Snapshot Period.

Over this period, the daily average MNT and USDT balance in your Funding Account, Spot Account, and Derivatives Account (or Unified Trading Account and Inverse Derivatives Account) will be recorded through hourly snapshots. 

In the Funding Account, USDT staked in Launchpool and Bybit Savings will be automatically counted toward your wallet balance snapshots. USDT staked in other products on Bybit Earn (e.g., Dual Asset Mining or Liquidity Mining) will not be included. 

In the Derivatives Account, the wallet balance will be counted. The wallet balance may be affected by your realized PnL.

Your daily average balance snapshot and daily Spot trading volume for the current day will be updated at 3AM UTC on the next day. For more details about the daily average balance, please visit our 

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The winning probability of each Lottery Ticket = Total number of winning tickets/Total number of Lottery Tickets for this Launchpad project * 100%. If you hold the maximum number of five (5) tickets, you’ll have five (5) equal chances of drawing a winning number.  For example, if you have five (5) tickets and two (2) of them were selected as winning tickets, you will receive allocations for two (2) tickets.

The MNT or USDT you've committed will be locked, and cannot be accessed for transfers, withdrawals or trading until after the final distribution of the project tokens.         

For token allocation subscribers: Your final token allocation = (Amount of MNT you've committed/Total amount of MNT committed by all participants) * Total amount of new tokens allocated for the project. 

Based on your final token allocation result, the corresponding MNT equivalent will be deducted from your committed amount, while your new token allocation will go to your Spot Account (or Unified Trading Account with UTA upgrades), and the remaining MNT will be credited back to your Funding Account. 

Please note that the maximum amount of new tokens you can receive has a hard cap. The amount exceeding that limit will be allocated to participants who haven't reached this cap.                                                                                                         

For Lottery Ticket holders: Each winning ticket will grant the holder an allocation of the project token. The new tokens that the winners will receive will go to Spot Account (or Unified Trading Account with UTA upgrades), while the remaining committed amount, if any, will be credited back to your Funding Account. If you don't win, the 100 USDT you've committed will be credited back to your Funding Account.                                                                                                                                                                                                                                                                      

The Spot pair of the new token will be live for trades at this time, if liquidity conditions are met.          

Want to know more about Launchpad 3.0? Check out the resources below:

Bybit Launchpad has undergone a revamp! Here are the updates you need to know.

Launchpad 3.0: Introducing USDT Lottery Tickets; Upcoming CTT Launchpad on Aug 30

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