Bybit has launched the token distribution product Megadrop, redefining the airdrop and financial management experience, with the inaugural project OBOL.

On May 1st, Bybit officially launched a brand new token distribution platform today - Bybit Megadrop. The aim is to disrupt the traditional airdrop method and offer users an easier, risk-free, and more rewarding experience in participating in projects. Through Megadrop, users can use assets like MNT, USDT, USDC, or bbSOL to subscribe to Bybit's structured financial products. Then, they can receive project token airdrops based on the subscription amount. Participants can also increase their airdrop quota by completing educational tasks and earn additional new coin rewards while obtaining the annualized financial product yield (APR). Bybit's new Megadrop platform's first launched project is OBOL, with the following details: Airdrop Token Supply: 6,500,000 OBOL Supported Currencies: MNT, USDT (for structured financial products) Start Time: April 30, 2025, 12:00 (UTC) End Time: May 5, 2025, 23:59:59 (UTC) Spot Trading Launch Time: The OBOL/USDT trading pair will be available on Bybit's spot market starting from May 7, 2025, 11:00 (UTC).