Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced that its Megadrop Phase 7 project featuring COA tokens has achieved record-breaking participation, with users staking over $100 million USDT within the first 14 hours of launch.
After COA (Alliance Games) went live on Bybit Megadrop at 12PM UTC on July 18, the associated 30-day USDT Earn products was completely unlocked within four hours, while the 14-day pool sold out in the next 10 hours. The total staked amount was valued at 105 million USDT.
COA is the native token of the decentralized network Alliance Games, which integrates AI-driven game creation, blockchain-integrated multiplayer networks, and a distributed work node system. The COA token powers the entire ecosystem: holders who are developers can use it to access infrastructure, node operators can earn rewards, and users can stake, govern, and unlock advanced features.
Bybit Megadrop provides a structured and educational approach with dual rewards. Participants not only receive their regular APR returns from savings plans but also gain shares of new token airdrops proportionate to their subscription amount and based on completion of optional educational tasks.
Key Features
Airdrops Made Easy: Simplified process that makes earning new tokens accessible to users of all experience levels
Maximizing Rewards: Participants can dramatically increase their airdrop allocations through simple engagement tasks
Risk-free participation: Users leverage existing assets through Fixed-Term Savings plans rather than purchasing new tokens
Dual reward structure: Earn both regular APR and free token airdrops simultaneously
Pre-market access: Obtain tokens before they're listed on Bybit Spot
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