Bybit has confirmed that its annual WSOT 2025 will, for the first time, launch on the Solana blockchain, introducing the on‑chain special event Onchain Wave with a prize pool exceeding $1 million and running through September 15. Co‑hosted by Bybit Web3 and Byreal, the initiative enables centralized exchange (CEX) and decentralized exchange (DEX) participants to compete jointly on a consolidated leaderboard, reflecting enhanced cross‑venue participation.
Prize mechanics allocate weekly leaderboard rewards—top 200 traders share up to 250 BBSOL tokens—and overall leaderboard awards where the top 1,000 share 1,650 BBSOL. A Warrior Award pool of 900 BBSOL targets traders with >$10,000 volume who miss the leaderboard, while Byreal liquidity providers will split a daily pool of 650,000 USDC. Partners named include xStocks, Sanctum, DeFiTuna, Sonic SVM, CUDIS and Fragmetric.