DUBAI, United Arab Emirates, November 13, 2026 (Chainwire) — Bybit, the New Financial Platform trusted by more than 80 million users worldwide, today kicked off the main competition of the World Series of Trading (WSOT) 2026. Starting at 10AM UTC, participating squads compete in the Squad Showdown for a prize pool of up to 3,200,000 USDT. The competition runs until December 2, 2026, at 10AM UTC.

The Individual Showdown and the AI Showdown also opened today, bringing solo traders and AI-powered trading accounts into the tournament. Across all three categories, participants can compete for a share of up to 10 million USDT in rewards.

More Than 1,500 Squads Formed Ahead of Launch

Nearly 300,000 traders have registered for WSOT 2026 since registration opened on October 29, and more than 1,500 squads were formed during the squad creation period. Under this year's theme, "The World Trades Here," the competition expands beyond crypto trading to include stocks, commodities, and AI-driven trading strategies, bringing different asset classes and trading approaches together in a single tournament. The dedicated AI category places automated strategies inside the same up-to-10-million-USDT rewards structure as squad-based and solo competition.

How Squad Showdown Rewards Are Distributed

Squads are ranked according to their P&L% scores, and the rewards earned by each squad are distributed among its members. In addition, a separate 50,000 USDT prize pool is allocated to the Best Squad Leaders. To qualify, leaders must have more than 50 active trading members in their squads, and each qualifying leader's share is calculated based on their squad's proportion of active members across all qualifying squads.

Still Time to Join a Squad Until November 19

Although squad creation closed on November 12 at 10AM UTC, traders can still join an existing squad until November 19, 2026, at 10AM UTC. Participants can join through a squad invitation link, search for a squad by name, or select from the recommended squads on the WSOT 2026 page.

Traders can participate in both the Squad Showdown and the Individual Showdown simultaneously. Each trader can compete using one main account and up to six subaccounts, including AI subaccounts.

With rosters open until November 19, squads still have room to grow ahead of the Best Squad Leaders qualification bar of more than 50 active trading members. After that cutoff the field is set, and P&L%-based rankings will determine how each squad's rewards are distributed through the December 2 finish.

Pro users, market makers, and institutional users are not eligible. WSOT 2026 is not open to residents of the European Economic Area or other restricted regions. The full rules and Terms and Conditions are available at

Disclaimer

Trading involves risk, including the loss of all funds invested. Virtual assets may lose their value in full or in part, are subject to extreme volatility, and do not benefit from any form of financial protection. Leveraged products carry a high level of risk. Eligibility and geographic restrictions apply; see the Competition Terms. Product availability may vary by region, and some products and services may not be available to all users. This content is for informational purposes only and does not constitute an offer, solicitation, or recommendation to access or use any product or service.

About Bybit

Bybit is The New Financial Platform, founded on the belief that every person should have access to every financial opportunity on earth. The company is building what it describes as the first intelligent platform that connects anyone, anywhere, to the world's finance. Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit aims to make global finance more accessible, efficient, and empowering for everyone. Built for everyone. Powered by intelligence. Open to the world. Learn more at Bybit.com.

Media Contact

More details about Bybit are available on the Bybit Press page. For media inquiries, contact media@bybit.com. For updates, follow Bybit's Communities and Social Media.

Head of PR: Tony Au, Bybit — tony.au@bybit.com