Bybit, the world’s second-largest crypto exchange by trading volume, has introduced “Master Trader’s Showtime: TradFi vs Crypto,” a worldwide multi-stage trading contest aimed at showcasing the performance of both traditional finance and cryptocurrency trading strategies. The event carries a combined prize pool of 200,000 USDT.

The tournament will be conducted in two separate rounds. The first round is currently underway and continues until May 13, 2026, at 10:00 UTC. The second round will begin on May 18, 2026, at 10:00 UTC and conclude on June 2, 2026, at 10:00 UTC. Each phase will feature an independent leaderboard along with a dedicated reward pool worth 100,000 USDT.

Competitors will participate as Master Traders through Bybit Copy Trading, choosing either the Classic or TradFi category during registration. Rankings will be based on a mix of total team trading volume and profit-and-loss performance, incorporating the activity of both Master Traders and their Followers. Users who copy an eligible Master Trader will automatically join the competition as Followers.

To secure a place on the leaderboard, participants must satisfy minimum trading requirements. Traders in the Classic category need at least 75,000 USDT in cumulative Copy Trading volume, while TradFi participants must generate a minimum of 1,500,000 USDx. In addition, every Master Trader must maintain at least 20 active Followers.

The top 50 Master Traders from each round will earn rewards. The winning team will receive 25,000 USDT, while second and third place will take home 12,000 USDT and 8,000 USDT respectively. Remaining prizes will be allocated across other qualifying ranks. Half of the total rewards will go to Master Traders, with the remaining portion distributed among Followers according to their trading volume contribution.

Beyond leaderboard prizes, the campaign also offers engagement incentives. During the opening week of each round, users can assign “likes” to Master Traders. If a supported trader secures a top-three finish, qualifying users may share a 1,000 USDT bonus pool. Extra boosted rewards are also available for users who both like and continuously copy a Master Trader during the competition period.

Leaderboard results will be refreshed daily on a T+1 schedule, while final standings will undergo internal compliance and data verification checks. Eligible participants will receive their USDT rewards via airdrop within 14 working days after each round ends.

Participation is restricted by eligibility rules, including mandatory identity verification and regional limitations. Users located within the European Economic Area are not permitted to join, and institutional accounts as well as market makers are excluded from the event.

The competition aims to promote skill-based trading while supporting transparency and fairness within Bybit’s Copy Trading platform.

• Engagement-Based Pool (10,000 USDT): Focused on general user activities such as social referrals and daily trading achievements, this pool aims to expand the user community around these emerging protocols.
• Volume-Driven Competition (20,000 USDT): A competitive track rewarding futures trading volumes for LIT and MAGMA. Prizes are allocated according to rankings, with the top three traders eligible for substantial rewards, including a maximum individual payout of 4,000 USDT.