# Bybit Launches Fixed-Return Crypto Product With 17,000 USDT Pool

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/23496
Published: 2026-09-24T01:09:22.000Z
Updated: 2026-09-24T01:09:22.000Z

Bybit launched Bybit Odds on Sept. 20 at 8 p.m. ET (Sept. 21, 2026, 00:00 UTC), introducing fixed-return contracts on crypto-price movements and a launch campaign with a 17,000 USDT reward pool.

The product uses Tether (USDT) from users’ Unified Trading Accounts. It offers three contract types: Up/Down, Price Target and Price Range. Payouts are displayed before a trade is placed, while the full allocated amount can be lost when a prediction is incorrect.

Up/Down contracts expire after either five or 15 minutes. Price Target contracts settle at 4 a.m. ET (8 a.m. UTC) on the expiration date. The settlement value averages one-second index-price readings collected during the final 30 minutes.

A trade can also result in a full loss when the settlement price lands exactly on the relevant boundary. Listed taker fees are 0.06% for Up/Down contracts and 0.045% for Price Target and Price Range contracts.

The launch campaign starts Sept. 20 at 8 p.m. ET (Sept. 21, 2026, 00:00 UTC) and ends Oct. 20 at 7:59 p.m. ET (Oct. 20, 2026, 11:59 p.m. UTC). It includes 5,000 USDT for new users and 12,000 USDT for a volume leaderboard.

First-time users who place a qualifying order of at least 20 USDT can receive 5 USDT, with rewards available to the first 1,000 eligible participants. Traders need at least 500 USDT in valid Odds trading volume to qualify for the leaderboard, which has a top prize of 5,000 USDT.

Bybit Odds is separate from Bybit Prediction, which uses USD Coin (USDC)-denominated YES/NO shares tied to real-world events. Bybit Prediction initially focused on sports markets and displayed implied probabilities.

Bybit Odds centers on crypto-price contracts, while Bybit Prediction covers real-world event outcomes through USDC-denominated shares.