30s Summary

Bybit’s World Series of Trading (WSOT) 2024 event concluded with a significant increase in trading volume and participation. Over 77,000 traders from 160 countries participated, pushing the trading volume past $100 billion while netting $137 million in profits. The event introduced decentralized exchange (DEX) trading and provided a platform for traders to explore and vote for Web3 projects. Furthermore, Bybit increased opportunities to win by allowing each participant to compete with one main account and up to four sub-accounts.

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Bybit’s World Series of Trading (WSOT) 2024 event has come to an end, setting a new standard for crypto trading competitions worldwide. The event was noted for its massive prize pool and for introducing decentralized exchange (DEX) trading.

In this latest round of Bybit’s international trading contest, traders experienced better opportunities to compete and connect with both traditional and decentralized finance. The WSOT 2024 event has been a huge hit, with over 77,000 traders from more than 160 countries taking part. Trading volume surged past $100 billion, with total traders’ profits hitting $137 million.

During the competition, Arena Tradingu set a record with the largest team of 3,310 members. The top individual trader netted a massive $16.5 million in profits. Arena Tradingu was also one of the most active squads, pulling off an astounding 13.8 million trades during the WSOT 2024 competition.

Squad 852hoodoo scored the highest trading volume reaching a jaw-dropping $6.9 billion! Kennel Capital also set a record with an impressive 22-day trading streak.

The WSOT 2024 competition was a notch above the previous year’s event, demonstrating a strong focus on inclusivity. This was achieved through features like a fair tiered weighting system, return-on-investment (ROI) reset features to allow traders a fresh start when necessary, and the introduction of DEX trading.

Bybit outdid itself by introducing the WSOT DEX Wave, a part of its latest Web3 initiative. This feature gave traders the ability to explore over 100 Web3 projects, vote for upcoming stars and compete for a prize pool of 1,000,000 MNT.

This year’s WSOT offered traders extra chances to win by allowing them to join the competition with one main account and up to 4 sub-accounts. This event went beyond just trading, with contributions like 75 ETH to charitable causes. Bybit’s WSOT 2024 effectively blended community involvement, supportive actions and major prizes to bring together crypto traders worldwide.

The WSOT 2024 raised the bar for global crypto trading events, bridging the gap between traditional and decentralized finance, rallying traders from all corners of the globe, and surpassing previous events with a trading volume of over $100 billion.