Bybit just shook up the crypto airdrop game, again. The exchange has launched its Megadrop platform, a smart twist on token launches that rewards you with free airdrops, steady APR, and early access to promising new projects. And kicking it off? A mega airdrop of 6,500,000 OBOL tokens.
Unlock Web3 Rewards: What’s Bybit Megadrop?
Megadrop combines two things crypto fans love: passive income and early access. It lets you stake tokens like USDT and MNT in Fixed-Term Earn products and receive both guaranteed interest and a slice of the next big token before it even hits the market.
For a more thorough explanation, see our Bybit Megadrop: How Does it Work article.
Bybit has launched Megadrop, a new exchange feature that lets you earn both airdrops and regular APR by staking assets in fixed-term savings. Learn what makes Megadrop different from staking or Launchpools with our comparison.Read Now
First Megadrop: Stake USDT or MNT to Earn OBOL Airdrop
The first featured token is OBOL, and the Megadrop event runs for a limited time until May 5, 2025, 11:59PM UTC:
Total prize pool includes 6,500,000 OBOL. This token isn’t listed on exchanges yet so we don’t know the exact value. However, maximum OBOL supply is 500 million, meaning Bybit is airdropping 1.3% of the entire supply!
OBOL will be listed on Bybit’s spot market on May 7, 2025. If you participate in the Megadrop, you can claim your OBOL tokens until May 30, 2025, 7AM UTC. Miss it and you miss out, because unclaimed rewards will expire.
How to Join the OBOL Megadrop
It’s easier than most launchpads:
- Subscribe to Fixed-Term Bybit Earn with USDT or MNT
- Lock in for 14 or 30 days to start earning APR and points
- Complete daily spot trades or Earn product tasks for points multipliers
- Receive OBOL based on your point share after the event ends
- Claim your reward manually starting May 7, 2025
Maximize Your Earnings: Choose the Right Pool
You’ve got options, and APR is just the beginning.
| Pool | Prize Pool (OBOL) | APR | Duration Options | Points Multiplier | Total Pool Points |
|---|---|---|---|---|---|
| USDT | 4,000,000 | Up to 3.00% | 14 days / 30 days | 1x / 1.2x | 5.4 billion+ |
| MNT | 2,500,000 | Up to 4.00% | 14 days / 30 days | 1x / 1.2x | 1.7 billion+ |
Want more OBOL? Longer lock-ins and daily spot trades boost your multiplier further.
Points, Tasks, and Airdrops: How It All Adds Up
Points = power. Bybit takes hourly snapshots of your locked assets and calculates points using your investment size and pool multiplier. Example:
- Stake 100 USDT in a 14-day plan → 1x multiplier → 100 points/hour.
- Complete a side quest? Your next snapshot multiplies by 1.2 → 120 points/hour.
| Task | Description | Points Multiplier |
|---|---|---|
| Spot Trading Task | Complete 1 qualifying spot trade daily during the event snapshot period | 1.2x |
| Fixed-Term Savings Subscription | Subscribe to a 14 or 30-day Fixed-Term Earn product | 1x / 1.2x |
| Daily Snapshot Bonus | Bonus points applied after completing eligible tasks (resets daily at 12AM UTC) | Varies by task |
After the event ends, your total OBOL reward is proportional to your pool share. And to keep it fair, no one can claim more than 1% of the full prize pool.
Important Details and Rules
- Two reward distributions: once every 7 days
- Rewards must be claimed manually
- You must complete Identity Verification Level 1
- No early redemption for Fixed-Term Earn products
Also, heads-up: residents in the EEA are excluded from participating or claiming rewards.
Why OBOL and Why Now?
OBOL is a promising project entering the Web3 arena, and Bybit has hand-picked it as the inaugural Megadrop partner. The prize pool alone—6.5 million tokens—makes this event one of the biggest token giveaways this quarter.
Deposits and withdrawals open May 7 on the Ethereum network, giving you immediate liquidity once trading starts.
Don’t Miss Out—Stake Now
This isn’t your average staking promo. Megadrop gives you more than just APR: it gives you a head start in crypto’s next chapter. Stake your idle USDT or MNT, boost your earnings with simple tasks, and walk away with early access to OBOL.
Spots are limited, rewards are real, and the clock is ticking. Join the OBOL Megadrop now and turn your crypto into more crypto.
