Bybit Web3 Points are a reward system within Bybit’s Web3 ecosystem, enabling users to earn points through activities like trading, referrals and daily tasks.

Cryptocurrency and blockchain technologies have paved the way for innovative rewards systems that cater to both traders and everyday users. Among these, Bybit Web3 Points stands out as a unique offering. Designed to integrate seamlessly with Bybit Web3’s ecosystem, this points system rewards user engagement and provides opportunities to redeem exclusive perks. 

This article explores what Bybit Web3 Points are, how they work, the benefits they offer and the various ways users can earn them.

 are a reward system within Bybit’s Web3 ecosystem, enabling users to earn points through activities like trading, referrals and daily tasks. These points can be accumulated and redeemed for valuable rewards, such as MNT tokens and Spot Trading Fee Coupons. Bybit Web3 Points provide a great way to encourage engagement while offering tangible benefits for users.

Bybit Web3 Points operate through a straightforward and powerful system. Points are earned by participating in specific activities within Bybit Web3’s ecosystem. Each activity — whether it’s trading, referring new users or completing daily check-ins — contributes a predetermined number of points to the user’s account. The process is automated, ensuring a smooth and hassle-free experience.

 are calculated daily, and corresponding Web3 Points are credited to user accounts the following day. Referrals allow users to earn additional points for bringing in qualified referees who meet specific criteria. Moreover, daily check-ins incentivize consistent engagement by rewarding users who interact with the platform regularly. This flexible system ensures that everyone, from seasoned traders to beginners, can find ways to earn and benefit.

How to Get Started With Bybit Web3 Points

To get started, users first need to create a 

. These wallets serve as gateways to the ecosystem, allowing you to begin earning points through various activities and enjoying the rewards that come with them.

Once you’ve accumulated Web3 Points, you can use them in several rewarding ways. One key option is to participate in lucky draws, in which rewards are completely random. The more Web3 Points you have, the more entries you can submit, increasing your chances of winning valuable prizes. These draws add an exciting gamified element to the system, making the process of earning points even more engaging.

Additionally, you can monitor and manage your points conveniently through the 

Bybit Web3 Points are more than just a reward system. They offer a host of benefits tailored to users’ needs.

There are various ways in which you can earn more Bybit Web3 Points. Check out our detailed guides below to get started.

Trading on Bybit Web3 DEX Pro is one of the primary ways to earn Web3 Points. The system uses a tiered multiplier mechanism based on trading volume, ensuring that the more you trade, the more you earn.

Trading volumes are assessed daily, with points credited the next day (T+1). This structure rewards active traders and encourages increased participation in Bybit Web3 DEX Pro.

Daily check-ins provide a simple and consistent way to earn Web3 Points. Users holding at least $10 worth of assets in their wallets can participate by sharing posts on social media. The reward system works as follows:

After the seventh consecutive day, the streak resets, allowing users to start the process again. If you miss a day, the check-in streak resets, and you’re required to start from the first day again. This encourages daily engagement with the platform.

New users can earn Web3 Points by completing specific tasks that help them get started on Bybit. For example, they can create a Bybit Seed Phrase Wallet, follow Bybit on social media and complete a trade of at least 100 USDT on Bybit Web3 DEX Pro with their Bybit Seed Phrase Wallet. This provides an easy way for newcomers to start accumulating points as soon as they join the platform.

Inviting friends to join Bybit is another lucrative way to earn points. Rewards are based on the number of qualified referees.

To qualify, referred users must maintain a balance of at least $10 in their wallet for seven consecutive days. Once the referred friend meets the criteria, the referring user will receive their Web3 Points the next day (T+1).

Earning Bybit Web3 Points can be highly beneficial if you’re an active participant in the Bybit ecosystem. The platform makes it easy for both new and experienced users to start earning points through multiple activities, and the rewards system is structured to encourage engagement. 

Moreover, the flexibility of the program — such as the fact that points don’t expire — creates appeal for a wide range of users, allowing them to accumulate points over time at their own pace. If you’re already trading on Bybit, or planning to start, earning Web3 Points is a simple and rewarding way to make the most of your experience.

Bybit Web3 Points empower users to maximize their crypto journey by offering a seamless, rewarding experience. With multiple ways to earn and redeem points, this system not only incentivizes engagement, but also aligns with the growing demand for user-centric blockchain solutions. Start earning today and unlock the potential of Bybit Web3 Points!

Beginner

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Bybit Web3 Points: Your Key to Earning Crypto Rewards

As 2025 begins, the cryptocurrency market is rebounding from a tumultuous 2024 characterized by regulatory concerns and whale profit-taking.

As 2025 begins, the cryptocurrency market is rebounding from a tumultuous 2024 characterized by regulatory concerns and 

 profit-taking. Bitcoin is struggling to break the psychological barrier of $100,000, with traders anxiously awaiting the impact on crypto policies of Donald Trump’s inauguration. Despite the excitement surrounding Trump's pro-crypto stance, apprehensions linger regarding potential market corrections reminiscent of previous downturns. 

Social media discussions have cooled, reflecting a decline in euphoria, while many projects have seen reductions in market cap, except for a few like Sui and Bitget Token. Traders are increasingly focused on the implications of upcoming legislation and the Federal Reserve's interest rate decisions.

On-chain analytics indicate a notable decrease in whale activity over the past two weeks, with wallets holding from 10,000 to 100,000 BTC reducing transactions by 14%. This downturn contrasts sharply with the increased whale activity in late 2024 that fueled Bitcoin's rally past $100,000.

In contrast, smaller retail investors have increased their activity, with wallets holding less than 1 BTC boosting transaction counts by 22%. The number of non-empty wallets has also started to rise in the new year. However, wallets with less than 1 Bitcoin have collectively lost 41.9K BTC since October 11, 2025, signaling potential bullish sentiment as their selling contributes to a rising market cap.

Although these smaller wallets show slight signs of accumulation post-Christmas, they’ve only added a total of 945 BTC. Retail traders are largely on the sidelines, and in order to sustain a bull market, a return to the late-2024 selling trend would be beneficial.

Bitcoin Decouples From Traditional Assets

Recent data reveals a notable decoupling of Bitcoin from traditional markets, with the correlation coefficient dropping significantly. This suggests that Bitcoin may be establishing itself as a distinct asset class, driven more by regulatory developments and institutional interest than macroeconomic factors. Whale activity has cooled, while smaller investors have increased their transaction counts, indicating a shift in market dynamics. 

Despite a general decline in trading volumes across cryptocurrencies and altcoins, there are signs that traders might find opportunities as average trader returns enter “opportunity zones.” The current landscape calls for close monitoring of whale behavior and market sentiment in order to navigate the complexities ahead.

Advanced

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Market Braces For Trump’s Inauguration; Whales Are HODLing While Retails Take Profits

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, and futures, options and perpetual contracts.

The new year saw BTC's spot price briefly surpass $100K, but this surge faded after the U.S. JOLTS report dampened expectations for interest rate cuts by the Fed in 2025. As a result, risk-on assets, including crypto, lost their early gains. Unlike in previous surges, derivatives market sentiment hasn’t strongly supported this move. Notably, realized volatility in crypto trading was around 20 points lower than the implied volatility from a one-month BTC option, marking the largest volatility premium since the 2024 U.S. elections without a clear event risk.

Lower trade volumes contributed to the drop in realized volatility in perpetuals, although open interest has remained stable. In options, despite a steep volatility term structure, short-tenor implied volatility is significantly higher than the realized volatility observed over the past week.

Please check out the report’s highlights.

Sluggish Trading Activity and Low Volatility

Perpetual swap markets have experienced a significant drop in liquidity over the winter break, with trading volumes declining not just on weekends and holidays but throughout December. As noted previously, lower trade volumes often lead to reduced volatility in spot prices, in evidence during this period. Realized volatility has mirrored the decreased trading activity. Meanwhile, open interest has remained stable compared to pre-December expiration levels, indicating minimal significant hedging activity in the perpetual swap markets.

Large Gap Between 30-D Implied Volatility and 7-D Realized Volatility

ETH's options markets are showing a clear preference for call options, while BTC's open interest is more balanced after the expiration of December’s contracts. Similar to ETH, BTC’s term structure has steepened in the new year, driven by a decline in short-tenor volatility and a moderate rise in longer expirations. The gap between implied and realized volatility is at its widest since the November 2024 U.S. elections, suggesting that hedging using options is very expensive.

Open Interest of ETH Calls Larger Than Puts

Put contracts continue to dominate ETH’s options trading volumes, although there has been an increase in call contracts since December’s large expiration. However, the new year has seen a notable decline in realized volatility. In response, options traders have steepened the volatility term structure, yet short-tenor volatility remains over 15 points (at a 30-day tenor) above realized volatility. This divergence is the largest since the pre-election period, when the volatility premium was linked to political uncertainty. Now, without a specific event, traders seem to be anticipating a potential spike in volatility at any moment.

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Jan 8, 2025): Market Braces for Volatility Ahead of Trump’s Inauguration

Gnosis (GNO) is Ethereum's most decentralized sidechain with 200K+ validators, xDAI gas fees, and scalable solutions for mainstream web3 adoption.

 (ETH) blockchain has suffered from poor scalability and high costs caused primarily by network congestion. Many solutions — mainly in the form of 

 rollups and sidechains — have emerged in recent years to address Ethereum's performance and cost inefficiencies. Many of these have managed to offer viable alternatives in the form of much better transaction processing times and considerably lower gas fees. However, plenty of these platforms suffer from limited decentralization due to the low number of validator nodes. In the case of rollups using a single sequencer node, a critical part of rollup architecture, there are serious concerns about extreme forms of operational centralization.

Thankfully, there is a project within the Ethereum ecosystem that has truly dedicated itself to the blockchain ethos of maximum decentralization. Gnosis is one of the oldest and most established Ethereum sidechains, and boasts a highly decentralized and reliable network of over 200,000 validators. It started as a 

 (DApp) on Ethereum, focused on prediction markets, but merged in 2022 with the xDAI sidechain to form a new entity, Gnosis Chain. The merger ushered in a new era for the unified project, which has become probably the most decentralized among all blockchain platforms within the wider Ethereum ecosystem, excluding Ethereum itself, of course.

Additionally, the Gnosis sidechain features a benefit that even Ethereum 

 can't match — gas fees on the network are charged in xDAI, a 

 indirectly pegged to the U.S. dollar, delivering greater cost stability for users and developers.

In this article, we conduct an in-depth examination of Gnosis, the leader of blockchain decentralization in the Ethereum universe.

 (GNO) is an Ethereum sidechain that offers low transaction costs, high scalability and gas fees denominated in a USD-pegged stablecoin.

 It boasts the highest degree of decentralization — as measured by the number of validators — among all Ethereum-linked sidechains and Layer 2 solutions. Among the most established and oldest blockchain solutions, Gnosis is designed to tackle Ethereum's heroically unyielding cost and performance challenges.

The original Gnosis project, now referred to as Gnosis 1.0, was conceptualized in 2015 as a prediction market platform. It was launched as an Ethereum DApp, and was owned by the Consensys blockchain development company. In 2017, Gnosis transitioned into an independent entity and expanded its focus to building decentralized infrastructure solutions for Ethereum. This marked the beginning of the project's second major stage, Gnosis 2.0.

In parallel with the original Gnosis, another early Ethereum-focused blockchain project, the xDAI Chain, was developing a scalable Ethereum sidechain that used a stablecoin for gas fee payments. xDAI and Gnosis announced a merger in 2021, with the new project branded the Gnosis Chain. The two projects merged on a technical level in December 2022. Over the next several years, Gnosis Chain has firmly established itself as a leading Ethereum sidechain, offering low costs and great scalability while running an extensive, community-driven network of more than 200,000 validators.

In early 2024, the now-unified project announced its next major stage, Gnosis 3.0, which aims to leverage the sidechain's superior technical properties and massive decentralized network in order to power mainstream 

 applications across different sectors, particularly in areas like payments, financial infrastructure and 

Although Gnosis has moved away from its niche focus on prediction markets, it maintains DApps dedicated to this specialized sphere. In fact, Gnosis continues to be viewed as the leading platform specializing in this area, with its GNO token holding the top position by market cap in the crypto industry’s prediction markets category.

 forms the infrastructural backbone of the entire Gnosis ecosystem. Its sidechain is anchored to Ethereum and features five-second block-confirmation times and low gas fees. For instance, in December 2024, the network registered average gas fees of around $0.04.

Gnosis Chain has inherited most of the properties of the original xDAI chain. It uses a stablecoin cryptocurrency, xDAI, that’s pegged to 

 (DAI), which in turn is soft-pegged to the U.S. dollar. As such, xDAI is indirectly pegged to the greenback. The use of a fiat-pegged stablecoin provides greater stability and certainty for users and developers utilizing the Gnosis Chain.

The chain's more than 200,000 validators (as of the start of 2025) make Gnosis the absolute leader in decentralization among all Ethereum-linked sidechains, Layer 2 rollups and similar platforms. The highly decentralized nature of the chain helps ensure great levels of security, transparency and trust in the platform.

Gnosis Chain currently features support for around 200 DApps across areas as diverse as blockchain analytics, 

 (NFTs), prediction markets, wallet solutions and more. DeFi-related apps — such as payment protocols, liquidity managers and permissionless 

 (DEX) platforms — as well as blockchain infrastructure projects, such as oracles, data exchange protocols and decentralized development tool kits — are the niches most prominently featured on the chain.

 (EVM)–compatible blockchain that uses a 

 (PoS) block validation model to secure network consensus, and a dual-token model to power its operations. Validators on the chain secure the right to process transaction blocks by 

 GNO tokens. Gnosis doesn't support stake delegation, however, so if you’d like to stake GNO without running a validator node, you can use external staking or 

 platforms that support the token. Examples include StakeWise (SWISE) and Chorus One.

In order to run a validator node and support Gnosis Chain block processing, you’ll need to download the requisite software and stake at least 1 GNO (around $264 as of Jan 7, 2025). The software needed to operate a validator node on Gnosis is pretty much the same as that used for Ethereum validation, with some minor modifications. This modest minimum staking requirement, and software setup nearly identical to Ethereum's, are significant reasons why Gnosis has an enormous network of over 200,000 validators.

Validators can choose to run a node either via the cloud or using their own hardware. However, the Gnosis project explicitly recommends the latter option to ensure maximum security, censorship resistance and credible neutrality.

While validator nodes stake funds and earn rewards in GNO tokens, gas fees for transactions on the network are paid in another cryptocurrency, xDAI, which is commonly acquired with MakerDAO's Dai stablecoin via a dedicated bridging solution — the 

In addition to its 200,000-strong validator community and around 200 DApps operating on its platform, the Gnosis ecosystem also includes several entities fundamental to the project's evolution and success — GnosisDAO, Gnosis Studios, GnosisVC and Gnosis Labs.

GnosisDAO is the platform's decentralized governance entity, powered by the holders of the GNO governance token. The DAO was originally created in 2020 to fully decentralize control of the platform and turn it into a project governed entirely by its user community. GnosisDAO uses a multi-stage governance process, whereby discussions are initiated and considered via the platform's online forum. Discussions can revolve around technical topics, protocol rules, DAO grant allocations and more.

If an issue being discussed gains enough traction, a forum poll can be created, whose users can then cast their votes. If this forum poll generates enough support votes, the process moves to the final stage, in which GNO holders vote to either approve or reject the proposed action.

Gnosis Studios is a product innovation lab created by the platform to develop and incubate promising web3 applications and infrastructure solutions. Among the solutions launched via Gnosis Studios is a decentralized payment protocol, Gnosis Pay, and a personal currency exchange platform, Circles.

Successful spin-offs of Gnosis Studios include the 

GnosisVC is a venture capital (VC) fund set up by the Gnosis project to invest in early-stage web3 projects, particularly in areas like financial services, 

 (RWAs) and blockchain infrastructure. GnosisVC boasts an extensive portfolio dating back to 2019. In 2020, one of the numerous projects the fund invested in was MakerDAO, a stalwart of the DeFi sector.

The fund's latest investments include projects such as the self-custodial wallet app Zeal, the 

 aggregator Electron. This is only a small subset of the web3 initiatives GnosisVC added to its portfolio throughout 2024. Per information on Gnosis's website, the VC fund has invested in more than a dozen projects in 2024 alone, and dozens of projects within the past five years.

Gnosis Labs is a development hub in which experimental web3 projects are first tested, iterated and improved before decisions are made on their future potential. The hub focuses heavily on 

 (AI) initiatives, and is primarily designed to foster innovation and breakthrough discoveries at the junction of AI and blockchain technologies.

To underscore its commitment to AI, Gnosis Labs has established a specialized division, Gnosis AI, for researching and developing projects in areas like agent-to-agent payments and smart prediction markets. Gnosis AI is a key initiative within the overall Gnosis 3.0 framework, a major evolutionary stage of the project designed to bring the platform to the mainstream web3 world.

. Validators stake GNO to secure the right to process transaction blocks on Gnosis Chain, while the wider GNO holder community can take part in on-platform governance votes. As noted earlier, these votes represent the final step in a multi-stage governance process whereby proposed changes or improvements to the platform are first considered in the Gnosis forum, and may proceed to a final vote involving GNO token holders.

Originally, the GNO token was issued on Ethereum, with a total and maximum supply of 10 million. As such, GNO was designed as a 

In April 2022, the Gnosis governance community voted to reduce the token's total supply to 3 million GNO. This supply-capping feature remained in place after the supply reduction, and the maximum supply was also set at 3 million GNO.

As of Jan 9, 2025, the GNO token was trading at $253.10, or 60.7% lower than its ATH of $644.20 on Nov 8, 2021, and 3,580.5% higher than its ATL of $6.88 on Mar 13, 2020.

Long-term price forecasts for GNO are generally bullish.DigitalCoinPrice 

 of $835.83 in 2027 and $1,275.52 in 2030, while CoinCodex 

 to average $319.29 in 2027 and $1,199.07 in 2030.

Gnosis' vibrant community, founded in the early years of the DApp revolution, continues to grow, with its 200,000-strong validator army offering unmatched decentralization benefits to users and developers. Much of the Gnosis protocol's success over the years can be attributed to its eloquently designed dual-token model, with xDAI as a gas token and GNO as a staking token and the primary asset for community governance.

With a vast network of validators, stability delivered by its stablecoin-for-gas model and time-tested success on the market, the Gnosis project is unlikely to fade into obscurity any time soon — to say the least!

Intermediate

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Gnosis (GNO): Bridging Web3 Tech With Mainstream Usability

Bybit Learn

web3

Kaito is an AI-powered search engine specifically designed for the cryptocurrency space. Find out more now!

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Within a year of its launch, Kaito has already established itself as a key player in the web3 industry. Its innovative approach combines artificial intelligence with publicly available crypto conversation data, creating a tool that can present an up-to-date picture of the events affecting the cryptocurrency space at any given time.

 is an AI-powered search engine specifically designed for the cryptocurrency space. It’s a premium service with a monthly subscription of $1,099. The platform indexes thousands of 

 sources that aren’t accessible through traditional search engines, and gathers data from Twitter, Discord, governance forums, research papers, news articles, podcasts and even conference transcripts. 

Kaito uses advanced AI algorithms and natural language processing to better understand context and gauge sentiment about topics. Its use of AI and an internal algorithm allows Kaito to filter out the noise, presenting a more accurate picture of community sentiment. 

. Before moving to web3, Hu worked in the traditional finance space for over eight years, including the management of a $500 million equities portfolio at Citadel. His aim with Kaito is to democratize web3 information by giving users access to tools and insights they need to navigate this ever-changing industry. 

Kaito has quickly attracted significant investment from major 

 in the industry. The project has already raised $10.8 million across two funding rounds.

The seed round in August 2023 was led by Dragonfly Capital, with participation from Sequoia Capital China, Jane Street and others, as Kaito secured $5.3 million. This was followed by a Series A round in June 2023, led by Superscrypt and Spartan, raising an additional $5.5 million with a valuation of $87.5 million. Other notable investors include Mirana Ventures, Folius Ventures and Alpha Lab Capital. 

Kaito offers a range of features designed to provide users with comprehensive and actionable insights. They include the following:

: Kaito’s platform uses a custom-built large language model (LLM) in combination with real-time data gathered from various sources to provide users with actionable insights on developments in the web3 space. 

:As a web3-native company, Kaito can analyze and understand the nuances of 

 and concepts. This gives it an edge when compared to Web 2.0 search engines that struggle to understand this space. 

: Kaito tracks market sentiment at various levels, including general market sentiment, sector-specific sentiment and sentiment toward specific tokens and projects, providing investors and traders with an important metric in assessing a project’s value.

Kaito uses a custom LLM to enhance its data processing capabilities. The platform aggregates data continuously from various sources, including social media, forums and news websites. This data is then processed using Kaito’s natural language processing capability to identify relevant information, extract key insights and analyze market sentiment. 

In addition, its platform uses a reputation system to give weightage to different posts based on the reputation of each poster. It also employs sophisticated algorithms to filter out spam and bots that often try to shape public opinion on social media platforms, especially on X. 

In December 2024, Kaito AI introduced two new elements to its ecosystem: 

 collection. Yaps is a scoring system that measures user contribution and engagement within the web3 community. Users earn 

 by creating valuable content, engaging with others in the crypto space and participating in discussions on 

. Kaito uses four main attributes in allotting these points:

The system also automatically filters out spam posts, making sure only real posters and useful posts can earn Yap points. While Kaito hasn’t officially confirmed a token airdrop associated with Yaps, the program allows participants to accumulate points that might play a role in future rewards, or initiatives within the Kaito AI ecosystem.

Participation in the Yaps program is completely free. Users just need to log in with their Crypto Twitter accounts and Kaito will start tracking their Yaps scores automatically. 

Genesis NFTis a limited-edition collection of 1,500 

 launched by Kaito AI. Priced at 0.1 ETH each, these NFTs have been minted in three phases:

As of Dec 26, 2024, NFTs in the collection are tradable on OpenSea, with a floor price of approximately 3.69 ETH. 

Kaito is a new and innovative service in the web3 space. Its use of AI to cut through the noise and fragmentation presents a great opportunity for the entire ecosystem. Kaito’s 

 suggests that it’s likely to roll out new features and/or services in the future. While the high subscription fee may be an obstacle for large-scale adoption, Kaito is still likely to become an important tool in the hands of institutions and 

Kaito: AI-Powered Web3 Search Engine

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards