Bybit, a financial platform with over 80 million users worldwide, has launched the main competition of the World Series of Trading (WSOT) 2026. Starting at 10AM UTC on November 13, 2026, the Squad Showdown offers a prize pool of up to 3,200,000 USDT. The competition runs until December 2, 2026, at 10AM UTC, with more than 1,500 squads already formed. Traders can still join a squad until November 19, 2026.
The WSOT 2026 expands beyond crypto trading to include stocks, commodities, and AI-driven trading strategies under the theme, The World Trades Here. Nearly 300,000 traders have registered since registration opened on October 29. The competition features three categories: Squad Showdown, Individual Showdown, and AI Showdown, with a total prize pool of up to 10 million USDT.
Squads are ranked based on their P&L% scores, and rewards are distributed among members. Additionally, a separate 50,000 USDT prize pool is allocated to the Best Squad Leaders, who must have more than 50 active trading members in their squads. Each qualifying leader’s share is calculated based on their squad’s proportion of active members across all qualifying squads.
Traders can participate in both the Squad Showdown and Individual Showdown simultaneously, using one main account and up to six subaccounts, including AI subaccounts. Pro users, market makers, and institutional users are not eligible, and the competition is not open to residents of the European Economic Area or other restricted regions.