TLDR
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Bybit launches RLUSD Hold & Earn with daily rewards and no lock-up.
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Bybit cuts RLUSD/USDT maker fees to zero during the campaign period.
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Bybit offers a 50,000 RLUSD prize pool for eligible spot traders.
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RLUSD holdings earn daily rewards using hourly balance snapshots.
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RLUSD market cap tops $1.5B as Bybit expands stablecoin incentives.
Bybit has launched an RLUSD Hold & Earn campaign that combines daily holding rewards, lower trading fees, and a 50,000 RLUSD trading competition. The program runs until Aug. 19, 2026, and targets eligible users on the exchange. Bybit aims to expand RLUSD activity by rewarding holdings while reducing trading costs across the promotional period.
Bybit launches RLUSD Hold & Earn with daily reward structure
Bybit introduced the RLUSD Hold & Earn campaign to encourage eligible users to keep RLUSD balances on the platform. The campaign requires Identity Verification Level 1 and a minimum balance of one RLUSD. Users do not need staking or lock-up periods to qualify for daily rewards.
The program calculates rewards using the lowest RLUSD balance recorded across 24 hourly snapshots each day. The exchange measures effective daily holdings instead of peak balances. The daily reward follows the formula of effective daily holdings multiplied by the daily APR and divided by 365.
Bybit also applies a loyalty multiplier that increases eligibility for future campaign rewards through continuous holding. However, the holding period resets immediately after a user’s RLUSD balance reaches zero. The platform limits eligible balances to five million RLUSD for each participant.
Bybit lowers RLUSD trading fees and adds 50,000 RLUSD competition
Alongside the holding campaign, Bybit reduced trading costs for the RLUSDUSDT spot pair during the promotional period. The exchange cut maker fees from 0.10% to zero.Taker fees dropped from 0.10% to 0.04%.
Bybit also launched a trading competition with a total prize pool of 50,000 RLUSD. Eligible users can compete through RLUSD spot trading during the campaign period.Institutional clients remain excluded from the competition despite qualifying for Hold & Earn rewards.
The exchange credits daily RLUSD rewards to users’ Main Account Funding Wallets around 06:00 UTC. Rewards from subaccounts move into the main account before distribution. Bybit states that these rewards serve as commercial incentives instead of interest or investment returns.
RLUSD expands as Bybit strengthens stablecoin offerings
RLUSD is Ripple’s U.S. dollar-backed stablecoin that operates across the XRP Ledger, Ethereum, and additional blockchain networks. The stablecoin maintains full backing through segregated reserves of cash and cash equivalents.Holders can redeem RLUSD on a one-to-one basis for U.S. dollars.
RLUSD has expanded during 2026 and reached a market capitalization exceeding $1.5 billion. Besides growing supply, the stablecoin has secured integrations with cryptocurrency exchanges, banks, and financial institutions. That broader adoption has strengthened its presence across regulated digital asset markets.
Bybit restricted the campaign to eligible users on its global platform and excluded service-restricted jurisdictions and Islamic accounts. Additionally, borrowed RLUSD and balances in selected products do not qualify for reward calculations. Through the campaign, Bybit combines holding incentives, reduced trading fees, and competitive rewards to increase RLUSD activity while supporting broader stablecoin adoption.
