Bybit Announces Final Month of USD1 Hold & Earn Program Offering Up to 35 Million WLFI Rewards
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has launched its final month for the USD1 Hold & Earn program. From now until October 16, 2026, users can earn up to 8% APR and receive daily rewards from a pool of 35 million WLFI tokens simply by holding USD1 in their Bybit accounts. The campaign is part of Bybit's broader engagement with the USD1 ecosystem since April 2026. The program requires no staking, subscription, or lock-up period, and users can track their rankings on a daily updated leaderboard based on effective holdings. Rewards are calculated using specific formulas involving settlement prices from Bybit’s spot market. USD1 is a stablecoin issued by World Liberty Financial (WLF), backed by U.S. Treasury securities and cash equivalents to maintain its 1:1 peg with the US Dollar. WLFI, WLF's governance token, allows holders to influence protocol decisions.
Topics: crypto DeFi rewards program stablecoin