Bybit Unveils ByPick Event Platform with 100k USDT Prize Pool

Bybit has expanded its offerings with the launch of ByPick, a free event platform that combines cryptocurrency, sports, and esports. The new platform features a seasonal leaderboard tied to a 100,000 USDT prize pool.

Users can predict event outcomes to earn points, pursue winning streaks, and compete for rewards. The top-ranked participant can receive up to 5,000 USDT in prizes.

New participants are granted 200 points upon registration, with additional points available through daily check-ins, trading tasks, and inviting friends. ByPick adds a points-based event platform to Bybit's existing offerings, which include the Bybit Prediction product that uses USD Coin (USDC)-denominated YES/NO shares tied to real-world events.