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Fight for your Squad
Win from a larger prize pool between and
$3,600,000
Squad P&L% leaderboard
Be one of the 40 leading squads and share the prize pool.
$120,000
Best squad
Back your favorite squad. If they get the most votes, you share the rewards with them.
$30,000
Best squad leader
The top 30 leaders with the most eligible squad members share the rewards.
$10,000
Early bird squad leader rewards
The first 100 squad leaders to recruit 10 eligible members each will equally split 10,000 USDT.
VIP-exclusive perks
Only for VIP squad leaders
The top 30 VIP squad leaders by ranking can enjoy Bybit VIP Gala Trip, Nansen Professional & Pioneer subscriptions, Supreme VIP 14-day Trial Cards and more!
Join the lucky draw for eligible traders
Become an eligible trader to get 1 lucky draw
Trade ≥ $50,000 during main competition to get 1 lucky draw and win big!
Trade with your subaccounts to gain more lucky draws
One (1) lucky draw will be credited to your main account, if any of your subaccount meet the $50,000 trading volume requirement.
You can get lucky draw before 2025-09-15 10AM UTC.
You can get lucky draw before 2025-09-15 10AM UTC.
Prize pool and rewards
The more eligible participants there are, the larger the prize pool!
Squad P&L% prize pool
Best squad prize pool
Best squad leader prize pool
Lead a Squad
20% of the squad rewards
Top 10 members
20% of squad rewards
Eligible members
60% of squad rewards
Competition calendar
- Early registration phase (squad recruitment & individual registration): –
- General registration phase (squad recruitment & individual registration): –
- Late registration phase (individual registration): –
- Preheat phase: –
- Competition phase: –
Eligibility
1. Users must complete Identity Verification Level 1 to participate in this event.
2. Only Unified Trading Accounts (UTA), including main accounts and subaccounts, are eligible.
3. Market makers, institutional users, and users at Pro3 level or above cannot participate.
4. Users must click the "Register" button on the WSOT page to join.
5. Participants who join or lead a squad can compete in all leaderboard categories of both the Squad Showdown and Individual Showdown.
6. To join the Squad PnL% Leaderboard, ensure you maintain over $100 equity for at least 5 minutes at the start of the competition.
7. If you register for WSOT after the competition starts, maintain over $100 equity for 5 minutes to activate leaderboard participation.
About squads
1. Squad leader applications are open from to .
2. Squad joining is available from to .
3. Each squad must have 10 members, including the leader. Squads with fewer than 10 members by 2026-04-22 06:09 UTC will be disbanded, and members reassigned randomly to other public squads.
4. Squad changes can be made before 2026-04-22 06:09 UTC.
5. Squads are ranked based on squad scores; members are ranked within the squad by P&L%.
6. In the event of a tie, the squad with the top total trading volume during the competition period will receive the reward.
7. You may choose a preferred region when searching for a squad. The squad's region is determined by the leader's account information.
8. Regions: JA – Japan; KO – East Asia excluding Japan and Mandarin regions; ZH – Mandarin regions; SEA – Southeast Asia; Latam – Latin America; EECA – CIS & Ukraine; MEA – MENA & Africa; OC – Oceania; OZ – Open Zone.
9. Squad regions do not affect your individual region or rankings on the regional individual trading volume leaderboard.
Squad Showdown prize pools
1. The Squad Showdown total prize pool will be unlocked based on the number of eligible participants. Eligible participants are those who trade at least $50,000 between and .
2. The top 40 squads will share the Squad Showdown prize pool of up to 3,600,000 USDT.
3. The winning squad leader will receive 20% of the squad's total prize, the top 10 squad members will share 20%, and all other eligible squad members will share the remaining 60%.
4. Best squad rewards: The squad with the highest number of votes as of will be awarded the 'Best Squad'. All eligible members and users who voted for this squad will share 120,000 USDT.
5. Best squad leader: The top 30 squad leaders with the highest number of eligible members in their squad as of will share 30,000 USDT.
6. Early squad leader rewards: The first 100 squad leaders to recruit 10 eligible members each will equally split 10,000 USDT.
7. VIP squad leader rewards: The top 30 VIP leaders by squad ranking will receive exclusive benefits, including 6 Bybit VIP Gala Trips (hotel and flights covered), 8 Nansen Supreme Subscriptions, 8 Nansen Pioneer Subscriptions, and 8 Supreme VIP 14-day Trial Cards.
8. All rankings in the Squad Showdown will be updated every 5 minutes.
Squad score/ranking calculation
1. Squad score = (total P&L% of top 10 squad members ÷ 10) × 100 + (number of eligible participants in the squad × 0.5).
2. Squad members listed in the top 10 with trading volume below $50,000 will be excluded. If fewer than 10 eligible members exist, the total top 10 P&L(%) sum will still be divided by 10.
3. Squad member P&L% = profit ÷ (initial equity + total deposits) × 100%.
4. Profit = [final equity (including unrealised PnL and/or bonus) − initial equity (including unrealised PnL and/or bonus) + withdrawals − deposits].
5. Deposits = accumulated deposits (including transfers, awarded bonuses, commissions, asset conversions, and Lending redemptions for UTA users) during the competition period.
6. Withdrawals = accumulated withdrawals (including any withdrawals, asset conversions, or assets lent via Lending for UTA users) during the competition period.
7. Account equity is updated every 5 minutes. Any transfer to or from the UTA during the competition period is considered a deposit or withdrawal, respectively.
8. P&L(%) includes all USDT and USDC Perpetual contracts, USDC options, spot trading, spot margin trading, and leveraged tokens.
9. Tokens in your UTA will be converted to their USD equivalent. Overall P&L(%) may fluctuate with token prices.
10. Trading volume from Copy Trading Classic and trading bots will count toward total trading volume. Trading volume from zero-fee pairs will not be included.
11. Options that expire without delivery or with zero fees will not be counted.
Rewards distribution
1. All Squad Showdown rewards will be credited to your Rewards Hub within 14 days after the event ends.
2. VIP squad leader reward winners will be contacted by our Customer Support team or VIP RM for reward distribution within 14 days after the event ends.
Terms & Conditions
1. If users with similar trading strategies are detected by our risk detection engine, only the participant with the highest P&L(%) or profit may continue in the competition.
2. Users detected engaging in matched trading will be disqualified from the Squad Showdown.
3. Users cancelling more than 10 orders per minute may be disqualified.
4. Bybit reserves the right to disqualify participants engaging in inappropriate, dishonest, or abusive activities, including wash trading, volume faking, using multiple accounts, or market manipulation.
5. Bybit reserves the right of the final interpretation of these terms. For questions, contact Customer Support.
6. Only participants who have completed Individual Identity Verification Level 1 or Business Verification are eligible. Participants from [restricted countries and regions](https://www.bybit.com/en/help-center/article/Service-Restricted-Countries) cannot join.
7. This event is not open to users residing within the European Economic Area (EEA), including Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Iceland, Liechtenstein, and Norway. Participation within the EEA is strictly prohibited.
- Early registration phase (squad recruitment & individual registration): –
- General registration phase (squad recruitment & individual registration): –
- Late registration phase (individual registration): –
- Preheat phase: –
- Competition phase: –
Eligibility
1. Users must complete Identity Verification Level 1 to participate in this event.
2. Only Unified Trading Accounts (UTA), including main accounts and subaccounts, are eligible.
3. Market makers, institutional users, and users at Pro3 level or above cannot participate.
4. Users must click the "Register" button on the WSOT page to join.
5. Participants who join or lead a squad can compete in all leaderboard categories of both the Squad Showdown and Individual Showdown.
6. To join the Squad PnL% Leaderboard, ensure you maintain over $100 equity for at least 5 minutes at the start of the competition.
7. If you register for WSOT after the competition starts, maintain over $100 equity for 5 minutes to activate leaderboard participation.
About squads
1. Squad leader applications are open from to .
2. Squad joining is available from to .
3. Each squad must have 10 members, including the leader. Squads with fewer than 10 members by 2026-04-22 06:09 UTC will be disbanded, and members reassigned randomly to other public squads.
4. Squad changes can be made before 2026-04-22 06:09 UTC.
5. Squads are ranked based on squad scores; members are ranked within the squad by P&L%.
6. In the event of a tie, the squad with the top total trading volume during the competition period will receive the reward.
7. You may choose a preferred region when searching for a squad. The squad's region is determined by the leader's account information.
8. Regions: JA – Japan; KO – East Asia excluding Japan and Mandarin regions; ZH – Mandarin regions; SEA – Southeast Asia; Latam – Latin America; EECA – CIS & Ukraine; MEA – MENA & Africa; OC – Oceania; OZ – Open Zone.
9. Squad regions do not affect your individual region or rankings on the regional individual trading volume leaderboard.
Squad Showdown prize pools
1. The Squad Showdown total prize pool will be unlocked based on the number of eligible participants. Eligible participants are those who trade at least $50,000 between and .
2. The top 40 squads will share the Squad Showdown prize pool of up to 3,600,000 USDT.
3. The winning squad leader will receive 20% of the squad's total prize, the top 10 squad members will share 20%, and all other eligible squad members will share the remaining 60%.
4. Best squad rewards: The squad with the highest number of votes as of will be awarded the 'Best Squad'. All eligible members and users who voted for this squad will share 120,000 USDT.
5. Best squad leader: The top 30 squad leaders with the highest number of eligible members in their squad as of will share 30,000 USDT.
6. Early squad leader rewards: The first 100 squad leaders to recruit 10 eligible members each will equally split 10,000 USDT.
7. VIP squad leader rewards: The top 30 VIP leaders by squad ranking will receive exclusive benefits, including 6 Bybit VIP Gala Trips (hotel and flights covered), 8 Nansen Supreme Subscriptions, 8 Nansen Pioneer Subscriptions, and 8 Supreme VIP 14-day Trial Cards.
8. All rankings in the Squad Showdown will be updated every 5 minutes.
Squad score/ranking calculation
1. Squad score = (total P&L% of top 10 squad members ÷ 10) × 100 + (number of eligible participants in the squad × 0.5).
2. Squad members listed in the top 10 with trading volume below $50,000 will be excluded. If fewer than 10 eligible members exist, the total top 10 P&L(%) sum will still be divided by 10.
3. Squad member P&L% = profit ÷ (initial equity + total deposits) × 100%.
4. Profit = [final equity (including unrealised PnL and/or bonus) − initial equity (including unrealised PnL and/or bonus) + withdrawals − deposits].
5. Deposits = accumulated deposits (including transfers, awarded bonuses, commissions, asset conversions, and Lending redemptions for UTA users) during the competition period.
6. Withdrawals = accumulated withdrawals (including any withdrawals, asset conversions, or assets lent via Lending for UTA users) during the competition period.
7. Account equity is updated every 5 minutes. Any transfer to or from the UTA during the competition period is considered a deposit or withdrawal, respectively.
8. P&L(%) includes all USDT and USDC Perpetual contracts, USDC options, spot trading, spot margin trading, and leveraged tokens.
9. Tokens in your UTA will be converted to their USD equivalent. Overall P&L(%) may fluctuate with token prices.
10. Trading volume from Copy Trading Classic and trading bots will count toward total trading volume. Trading volume from zero-fee pairs will not be included.
11. Options that expire without delivery or with zero fees will not be counted.
Rewards distribution
1. All Squad Showdown rewards will be credited to your Rewards Hub within 14 days after the event ends.
2. VIP squad leader reward winners will be contacted by our Customer Support team or VIP RM for reward distribution within 14 days after the event ends.
Terms & Conditions
1. If users with similar trading strategies are detected by our risk detection engine, only the participant with the highest P&L(%) or profit may continue in the competition.
2. Users detected engaging in matched trading will be disqualified from the Squad Showdown.
3. Users cancelling more than 10 orders per minute may be disqualified.
4. Bybit reserves the right to disqualify participants engaging in inappropriate, dishonest, or abusive activities, including wash trading, volume faking, using multiple accounts, or market manipulation.
5. Bybit reserves the right of the final interpretation of these terms. For questions, contact Customer Support.
6. Only participants who have completed Individual Identity Verification Level 1 or Business Verification are eligible. Participants from [restricted countries and regions](https://www.bybit.com/en/help-center/article/Service-Restricted-Countries) cannot join.
7. This event is not open to users residing within the European Economic Area (EEA), including Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Iceland, Liechtenstein, and Norway. Participation within the EEA is strictly prohibited.