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Bybit Expands USD1 Hold & Earn Program with $27M WLFI Rewards Pool

Bybit has extended its USD1 Hold & Earn program, adding a new prize pool of 27 million WLFI tokens as rewards.

Bybit has extended its USD1 Hold & Earn program, adding a new prize pool of 27 million WLFI tokens as rewards. USD1 (USD1) is trading at $0.999. This is an original TLT brief based on reporting by Bitcoin World, with live market data added, as of Sun, 25 Oct 2026 03:45:02 UTC.

Why it matters

This development highlights the growing trend of crypto platforms using token rewards to attract and retain users, while also boosting liquidity for specific assets like WLFI.

Key takeaways
  • Bybit extends USD1 Hold & Earn program with 27M WLFI tokens as rewards.
  • USD1 stablecoin has a market cap of $3.94B, while WLFI's market cap is $1.68B.
  • The move aims to incentivize user participation and increase WLFI liquidity.
The story so far · 2 briefs
  1. Bybit Launches Phase 4 of RLUSD Hold & Earn with 1.3M XRP Rewards
  2. Bybit Expands USD1 Hold & Earn Program with $27M WLFI Rewards Pool — this brief

Bybit, a leading cryptocurrency platform with over 80 million users, has announced the extension of its USD1 Hold & Earn program, introducing a new prize pool of 27 million WLFI tokens as rewards.

The USD1 stablecoin, which is central to this program, has a circulating supply of $3.96 billion according to DeFiLlama, while its market cap stands at $3.94 billion. WLFI, the token being incentivized, has a market cap of $1.68 billion.

This move by Bybit is part of a broader trend among crypto platforms to use token rewards to attract and retain users. The program is designed to incentivize holding USD1, potentially increasing demand for both USD1 and WLFI tokens.

The total cryptocurrency market cap is currently $2.78 trillion, with the market remaining relatively flat over the past 24 hours. Bitcoin is down 0.15% in the same period, while the Fear & Greed Index stands at 54, indicating a neutral market sentiment.

The WLFI token has seen a 1.99% decrease in the last 24 hours and a 7.23% drop over the past week. The USD1 stablecoin, on the other hand, has remained stable with no change in its price over the last 24 hours.

Market reaction since this brief Live

Since this brief published about 35 hours ago, USD1 (USD1) has moved from $0.999 to $0.999 — +0.01%.

$0.999$0.999$0.999$0.999$0.999 published · $0.999 now · $0.999 (+0.01%) Oct 23 16:21 UTC Oct 25 03:45 UTC
BeforeSince publishPublished · $0.999
CoinAt publishNowSince publish
USD1$0.999$0.999+0.01%
WLFI$0.0529$0.0529+0.02%

The chart plots USD1's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 USD1 ≈ ₦1,378.39 (about $0.999), up 0.0% over 24 hours. The naira itself trades about 4.1% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

USD1
#29
$0.999 ▲ 0.01%
7d -0.04%MCap $3.94BFull USD1 data →
$0.0529 ▼ 1.84%
7d -7.23%MCap $1.68BFull WLFI data →
The market when this published · October 23, 2026
Total market cap$2.78T
Bitcoin 24h-0.15%
Ethereum 24h-0.93%
BTC dominance58.6%
Fear & Greed54 · Neutral
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 25, 2026.

USD1 circulating supply$3.96BDeFiLlama ↗

TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Bybit Expands USD1 Hold & Earn Program with $27M WLFI Re — questions & answers

What is the total reward pool for the USD1 Hold & Earn program?

The reward pool consists of 27 million WLFI tokens.

How does the USD1 Hold & Earn program work?

Users can participate by holding USD1, and they will be eligible to receive WLFI token rewards.

What is the current market cap of WLFI?

The market cap of WLFI is $1.68 billion.

How much is 1 USD1 worth in naira today?

About ₦1,378.39 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.999. The naira price moves with both USD1's US-dollar price and the USDT/NGN rate; use our USD1 in naira page for any amount.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from Bitcoin World. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 25, 2026 ⛓ Timestamped at Bitcoin block #973,007 sha256:6e2e6c16d4c83747
Based on reporting by Bitcoin World — this is an original TLT summary with live market data, not the original article.Bitcoin World · Oct 23 16:21 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.