October 1, 2024

WSOT 2024: A Look Back

and what makes this year special

The WSOT Journey to becoming 

the biggest crypto trading competition

Since its launch, WSOT has grown from a modest crypto trading competition into one of the most notable global trading competitions in crypto.

Beginning with a relatively small pool of 12,000 participants and a $1.27 million prize pool in its inaugural WSOT 2020, the competition has since gained traction year-on-year as interest in crypto trading continues to grow.

2021

Dragon Egg Hunt

Attracted 35,000 participants with a significantly higher prize pool of $7.5 million and introduced the BTC & ETH Troop Throwdown and Solo Showdown, allowing individual and team participation.

2022

Race to The Next Level

Drew in 69,082 participants from 182 countries with an $8 million prize pool and introduced bonuses like NFTs, lucky draws and a $400,000 donation to UNICEF from the prize pool.

2023

The Ultimate All-Star Trading Showdown

Featured 117,116 participants from 188 countries, an $8 million prize pool and introduced events like the Squad Showdown and Copy Trading Fest for more dynamic forms of participation. Also included Lamborghini and Rolex watch prizes.

WSOT 2024:
What makes this year stand out

WSOT 2024 will introduce several key features that make
this year’s competition edition the most exciting so far:

DEX Wave adds decentralized aspect

WSOT 2024 introduces the WSOT DEX Wave, a groundbreaking side campaign that introduces Bybit Web3 DEX Pro into the competition.

For the first time, traders can participate in a unique voting competition powered by Bybit’s decentralized platform, where they’ll vote for their favorite projects and participate in the future of Web3.

This industry-first initiative combines trading with community engagement, giving participants access to over 1 million tokens, including GameFi tokens, memecoins, and more.

This new system will offer traders better flexibility over previous competitions, allowing them to choose the platform that best suits their trading style.

Capturing the best of emerging Web3 projects, the inaugural WSOT DEX Wave puts the emphasis back on the community by introducing a voting mechanism.

As traders compete in the DEX Waves competition, they earn points, which they can use to vote for their favorite Web3 projects.

Participants will share a 1 million MNT prize pool by interacting with the projects and taking a chance at a lucky draw. The traders with the highest point scores can enter a daily draw to win a share of a 200,000 MNT prize pool.

The Web3 projects that win the most votes will receive extra support from Bybit, including CEO mentorship, prime listing opportunities and marketing support.

Together, the WSOT community and Bybit are shaping the future of Web3 to bring out the potential of rising stars in Web3 and building the trading infrastructure necessary for the decentralized financial system.

WSOT 2024: Prizes and rewards

WSOT 2024 isn’t just about competing; it also introduces several prizes and rewards. In addition to the $10 million prize pool, this year’s competition offers a variety of luxury prizes and competitive rewards:

Competitive rewards worth 10,000,000 USDT
Buddy Rally: 200,000 USDT
Squad Streak Reward: 50,000 USDT
Squad of the Year Reward:
100,000 USDT
WSOT DEX Wave: 1,000,000 MNT
Copy Trading Fest: 200,000 USDT
Regional Squad PnL Rankings: 1,400,000 USDT
Squad Showdown: 7,150,000 USDT

Lucky participants will have a chance to win prizes
worth over 450,000 USDT, including:

Rolex watches
World trip tickets
Luxury yacht

Why WSOT 2024 sets the standard for future crypto trading competitions

WSOT 2024 marks a new era in trading competitions by introducing fairer game mechanics and offering maximized opportunities for traders across the globe. With a $10 million prize pool, the introduction of DEX Wave offers the best of both worlds—combining the familiarity of centralized trading with the flexibility and control of decentralized finance (DeFi).

This groundbreaking approach nurtures the ecosystem while providing traders the ultimate flexibility to compete on their own terms. WSOT 2024 sets a new benchmark for fairness, inclusivity, and the future of crypto trading competitions.

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