Dubai – September 19, 2026 -- Bybit has opened the fifth and final round of its USD1 Hold & Earn program, giving users until October 16, 2026 to claim a share of a 35,000,000 WLFI reward pool simply by holding the USD1 stablecoin in their account.
Users can earn up to 8% APR with no staking required
Enrolled holders qualify for daily rewards and an annual percentage rate of up to 8%, with no subscription, staking or lock-up period needed. Participants can track their ranking on a daily-updated leaderboard that lists the top 50 USD1 holders on the exchange by effective holdings.
Rewards are calculated using a daily settlement formula
Daily payouts are determined by multiplying effective USD1 holdings by the USD1/USDT settlement price and the daily APR, then dividing by 365 and by the WLFI/USDT settlement price. Both settlement prices come from the average of last-minute trades on Bybit's Spot Market between 23:30 and 23:59 UTC. Bybit notes that actual APR and reward amounts can fluctuate based on total participation and market pricing during the campaign.
This round closes out a broader USD1 campaign launched in April 2026
The current promotion marks the end of Bybit's 2026 engagement with the USD1 ecosystem. The exchange had introduced three USD1-quoted trading pairs -- BTC/USD1, ETH/USD1 and USDC/USD1 -- alongside trading and gamified campaigns that have collectively distributed 10,000,000 WLFI in rewards since April.
USD1 and WLFI are tied to World Liberty Financial's DeFi protocol
USD1 is a dollar-backed stablecoin issued by World Liberty Financial, collateralized by short-term U.S. Treasury securities and cash equivalents to maintain a 1:1 peg with the US dollar. WLFI serves as the protocol's governance token, letting holders vote on decisions shaping the DeFi platform's direction.