Key Highlights
Bybit introduces RLUSD Hold & Earn program offering daily passive income without lock-up requirements.
Exchange eliminates maker fees entirely for RLUSD/USDT trading pairs throughout campaign duration.
Traders can compete for share of 50,000 RLUSD rewards through spot trading activity.
Daily earnings calculated using hourly snapshot methodology of user balances.
Ripple’s stablecoin surpasses $1.5B market capitalization as exchange support grows.
Bybit has rolled out a comprehensive RLUSD Hold & Earn initiative featuring daily passive rewards, discounted trading fees, and a 50,000 RLUSD competitive trading pool. Running through August 19, 2026, this promotional campaign targets qualified platform users. The exchange seeks to boost RLUSD engagement by incentivizing holdings and minimizing transaction costs throughout the initiative.
Platform introduces RLUSD passive earning mechanism with flexible terms
Bybit unveiled its RLUSD Hold & Earn initiative designed to motivate qualified participants to maintain RLUSD holdings within their platform accounts. Participation requires completion of Identity Verification Level 1 alongside maintaining at least one RLUSD minimum balance. The program eliminates traditional staking requirements or lock-up commitments for reward qualification.
Reward calculations employ the minimum RLUSD balance detected throughout 24 hourly snapshots taken daily. This methodology tracks consistent daily holdings rather than temporary peak amounts. Daily earnings derive from a calculation that multiplies effective daily holdings by the applicable daily APR, then divides by 365.
The platform implements a loyalty multiplier system that enhances qualification for subsequent campaign distributions based on uninterrupted holding patterns. The holding duration counter resets to zero the moment any participant’s RLUSD balance drops to nothing. Individual participation caps at five million RLUSD in qualified balances per user.
Exchange slashes RLUSD transaction costs while introducing competitive rewards
Concurrent with the holding initiative, Bybit decreased transaction expenses for the RLUSDUSDT spot trading pair throughout this promotional window. Maker fees dropped completely from 0.10% to 0.00%. Taker fees experienced reduction from 0.10% down to 0.04%.
The platform simultaneously launched competitive trading rewards totaling 50,000 RLUSD. Qualified participants can earn portions through RLUSD spot trading volume accumulated during the campaign timeframe. Institutional accounts cannot participate in competitive rewards despite maintaining eligibility for Hold & Earn distributions.
Daily RLUSD distributions arrive in participants’ Main Account Funding Wallets approximately 06:00 UTC each day. Subaccount rewards transfer to main accounts prior to final distribution. The exchange clarifies these distributions represent commercial promotional incentives rather than interest payments or investment yields.
Ripple stablecoin gains momentum as Bybit enhances digital dollar products
RLUSD represents Ripple’s fully-backed U.S. dollar stablecoin functioning across XRP Ledger, Ethereum, and other blockchain infrastructures. The digital asset maintains complete backing via segregated reserve holdings of cash and equivalent instruments. Token holders retain direct redemption rights on a one-to-one basis for U.S. dollars.
Throughout 2026, RLUSD experienced significant expansion, achieving market capitalization beyond $1.5 billion. Beyond supply growth, the stablecoin gained integration partnerships with cryptocurrency platforms, banking institutions, and financial service providers. This expanding adoption has reinforced its position within regulated digital currency markets.
Bybit limited campaign participation to eligible users on its international platform while excluding service-restricted regions and Islamic finance accounts. Furthermore, borrowed RLUSD holdings and balances within certain products don’t qualify toward reward computations. The initiative merges holding incentives, decreased trading expenses, and competitive distributions to drive RLUSD engagement while advancing wider stablecoin ecosystem growth.
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