Bybit has opened a bybit trading competition that puts traditional finance strategies against crypto tactics in a global Copy Trading contest.
Summary
Two rounds, one prize structure
The event, called Master Trader’s Showtime: TradFi vs Crypto, offers a total 200,000 USDT prize pool across two independent rounds. Moreover, each round has its own leaderboard and a 100,000 USDT prize pool.
Round 1 is active now and runs until May 13, 2026, at 10:00 UTC. Round 2 starts on May 18, 2026, at 10:00 UTC and ends on June 2, 2026, at 10:00 UTC.
How traders qualify
Participants enter as Master Traders on Bybit Copy Trading and choose a Classic or TradFi category at registration. Rankings depend on combined team trading volume and profit and loss performance, with both Master Traders and Followers counted.
However, qualification is not automatic. Classic traders must reach at least 75,000 USDT in total Copy Trading volume, while TradFi participants need at least 1,500,000 USDx. Each Master Trader must also keep a minimum of 20 active Followers.
Followers are enrolled automatically when they copy a registered Master Trader, which makes the format closer to a copy trading competition than a solo contest. That said, the structure still rewards individual leadership, since every team is judged on both volume and performance.
Rewards and engagement incentives
The top 50 Master Traders in each round receive rewards from the master trader rewards structure. First place earns 25,000 USDT, second place gets 12,000 USDT, and third place receives 8,000 USDT.
Moreover, lower-ranked positions also share in the payouts. Rewards are split evenly, with Master Traders taking 50% and Followers sharing the other 50% according to trading volume. In other words, the contest blends individual status with group performance.
During the first week of each round, users can assign likes to Master Traders. If a liked trader finishes in the top three, eligible participants may share a 1,000 USDT reward pool. There are also boosted rewards for users who both like and keep copying a Master Trader throughout the round.
Daily updates and eligibility rules
Leaderboard standings update daily on a T+1 basis, while final rankings go through internal compliance and data reviews. Rewards are paid in USDT through airdrops within 14 working days after each round ends.
However, participation comes with restrictions. Users must meet eligibility requirements, including identity verification and geographic limits. The event is not available to residents of the European Economic Area, and institutional users and market makers are excluded.
With its tradfi vs crypto format, the event turns leaderboard trading event mechanics into a global stage for competitive traders. The result is a crypto trading tournament designed to reward volume, consistency, and follower engagement.