Bybit has launched the bbSOL Anniversary Celebration Event on the Solana blockchain, running from August 21 to September 15, 2025, with over $1 million in prizes for top traders.
About the WSOT 2025 Event and Solana
The bbSOL Anniversary Celebration Event initiated by Bybit marks a significant step towards embracing on-chain trading, scheduled from August 21 to September 15, 2025. The total prize pool exceeds $1 million.
Impact on Trading Volumes and Liquidity
The event's launch is expected to positively impact Solana's trading volumes. It aims to increase liquidity and engagement from the DeFi community, driven by the substantial prize pool in BBSOL and USDC.
Quotes and Comments from Founders
According to Emily Bao, founder of Byreal: "Byreal's mission is to make onchain trading as deep, fast, and credible as the best centralized markets. Partnering with WSOT on Solana — lets us open the doors of the world's largest trading competition to the DeFi-native community for the very first time."
The transition of WSOT to on-chain highlights changes in the financial landscape and may contribute to long-term benefits for the protocol, enhancing community engagement similar to centralized market operations.
