DEX Wave Showcases Over 100 DeFi Partners in Web3’s First Idol Competition by Chainwire

Dubai, United Arab Emirates, September 17th, 2024, Chainwire

Bybit Web3, the Web3 division of Bybit, is excited to announce its participation in the World Series of Trading (WSOT) 2024, the longest-running crypto trading competition globally. Scheduled from October 1 to October 30, 2024, the WSOT 2024 DEX Wave will challenge participants to trade on-chain, providing an opportunity to win big in the competition. This event also represents the world’s first DEX talent competition, inviting participants to select the next Web3 star project from a remarkable lineup of over 100 innovative initiatives in one platform.

Join the DEX Wave with Over 100 DeFi Partners

The WSOT 2024 will utilize Bybit Web3’s DEX Pro platform, allowing participants to engage with a diverse range of DeFi projects and tokens. This immersive trading experience encompasses everything from memecoins and DeFi to GameFi, supported by over 100 pioneering partners and decentralized initiatives, including Yescoin, Bonk, Citizen, Navi Protocol, Blackcardcoin, and Character X. With the most extensive network of ecosystem partners in the industry, this year’s DEX Wave allows Web3 enthusiasts to explore what Bybit Web3 has to offer.

The dual experience of trading on centralized (CEX) and decentralized (DEX) portals on Bybit merges the reliability of centralized trading with the freedom and variety of decentralized exchanges, granting WSOT participants access to some of the most thrilling markets available. More than just a competition, this event is a gateway to immerse in the entire blockchain ecosystem.

Discover the Next Web3 Star and Compete for a 1,000,000 MNT Prize Pool

The inaugural WSOT DEX Wave highlights emerging Web3 projects while emphasizing community involvement through a voting system. As traders strive in the DEX Waves competition, they accumulate points to vote for their favorite Web3 projects. A prize pool of 1 million MNT will be shared among participants who engage with the projects and enter a lucky draw. Traders with the highest points will qualify for a daily draw to win a share of an additional 200,000 MNT prize pool.

The winning Web3 projects, determined by the votes, will receive enhanced backing from Bybit, including mentorship from the CEO, premium listing opportunities, and marketing support. Together, the WSOT community and Bybit are collaborating to shape the future of Web3, fostering the growth of promising ventures, and creating the necessary trading infrastructure for a decentralized financial system.

Emily Bao, Head of Web3 at Bybit, stated, “The DEX Wave is an invitation to be part of the future. In the rapidly evolving landscape of Web3, this event is our way of empowering traders to discover, engage, and excel in the decentralized economy. The stakes are high, but the rewards are even higher. We’re excited to see who will rise to the challenge.”

For further information, participants can prepare to embark on an unforgettable journey with the WSOT 2024 DEX Wave.

About Bybit

Bybit is the second-largest cryptocurrency exchange globally by trading volume, serving over 40 million users. Founded in 2018, Bybit offers a professional platform equipped with a high-performance matching engine, 24/7 customer support, and multilingual community assistance. Bybit is also a proud partner of the reigning Constructors’ and Drivers’ champions of Formula One.

For media inquiries, please contact:
Tony Au
Head of PR
Bybit
[email protected]