Bybit Launchpad Review 2025 – What is Bybit Launchpad?

Looking to get in early on the next big crypto project? That’s what Bybit Launchpad promises – and with over 30 successful token launches, they seem to be delivering on that promise.

But what exactly is Bybit Launchpad, and how does it work? In our Bybit Launchpad review, we’ll break down everything you need to know – exploring its features, benefits, and whether there might be better options out there.

What is Bybit Launchpad?

Ever wished you could get in on the ground floor of a crypto project? Bybit Launchpad gives you that chance. It is a gateway to early-stage cryptocurrencies, allowing you to buy tokens before they hit the public market – like getting a VIP pass.

Here’s how it works: Let’s say there’s a new DeFi protocol launching its token through the Bybit Launchpad platform. Eligible investors can participate in two ways:

• MNT allocation: If you hold Mantle (the Launchpad’s native token), you can commit these tokens to secure a proportional allocation in new project launches.
• USDT lottery: You can also try your luck in a USDT lottery to win an allocation.

Regardless of your route, the process follows four clear phases: snapshot, subscription, distribution, and launch. We’ll cover each of these phases in the next section.

Bybit Launchpad upgraded to version 3.1 in 2023, streamlining the platform and adding new security features. This focus on being both user-friendly and secure has made it one of the go-to platforms for new token launches.

How Does Bybit Launchpad Work?

As discussed above, Bybit Launchpad offers early access to some of the hottest new crypto projects through a four-phase process. By using such an organized system, Bybit Launchpad has built trust in the investment community.

First up is the Snapshot Period. It’s basically a way to show you’re committed to investing – not just messing around. Bybit checks your average daily balance of either MNT or USDT over a 3-5 day period to determine your eligibility.

Next comes the Subscription Period, where you have two options to participate. You can either commit MNT tokens or join the USDT lottery. The former is like reserving a space in the launch, while the latter is like entering a raffle.

After the Subscription Period is the Distribution Period. This is where successful applicants receive their tokens based on their commitment levels. For example, if a new cryptocurrency project allocates 1 million tokens and your commitment is 0.1% of that pool, you’ll get 1,000 tokens.

Finally, the Launch Period arrives. This is when your tokens become tradable on the Bybit Launchpad crypto exchange. At that point, they could become the next crypto to explode – or they might take a more modest path.

Bybit Launchpad Services & Features

Beyond offering early access to new tokens, Bybit Launchpad has evolved into an all-in-one platform with features designed to make crypto investing accessible and secure. Let’s take a closer look at its Launchpad feature and what else sets Bybit’s trading platform apart.

Bybit Launchpad

We’ve discussed this service in detail earlier in our Bybit Launchpad review. However, it’s wise to compare it to other similar services to see where Bybit differs.

While Binance Launchpad might have more liquidity and OKX Jumpstart offers more flexibility, Bybit has found a sweet spot by balancing accessibility and security. Its dual-track system, using both MNT and USDT, sets it apart from competitors like Gate.io Startup.

Plus, Bybit’s track record of launching some of the best cryptos to buy (like Sui) speaks volumes about its ability to identify high-potential ventures. It also does this while upholding strict vetting standards.

Bybit Web3 Staking

Bybit Web3 Staking brings the world of DeFi to the masses with its user-friendly, one-click approach. Supporting various tokens, including ETH and USDT, this feature allows users to stake on different networks without the hassle of managing multiple platforms.

Its built-in tracking system also provides a clear overview of a user’s staking positions in a single dashboard. This simplifies portfolio management massively.

Bybit On-Chain Earn

Although no Bybit Launchpad wallet exists, Bybit On-Chain Earn takes the complexity out of on-chain staking. You don’t need to worry about gas fees or node operations – the platform takes care of all that while you stake your coins.

Rewards are distributed daily at 6:00 AM UTC, and the platform offers variable APRs that adjust to network conditions. This setup makes it one of the best crypto staking platforms for beginners and market veterans.

Bybit Savings

Bybit Savings offers flexible and fixed-term options with guaranteed APRs for those who prefer a more traditional approach. Supporting major cryptos like BTC and ETH, the platform calculates yields hourly and distributes them daily. Its standout feature, the Auto-Savings tool, automatically puts users’ idle assets to work – helping them maximize their earning potential.

How to Launch a Project on Bybit Launchpad

Launching a project on Bybit Launchpad isn’t just a matter of clicking a button. It requires careful preparation and close collaboration with Bybit’s team. Here’s a step-by-step look at the process:

Step 1 – The Initial Application

The journey begins with a comprehensive project proposal submitted to Bybit’s team. However, this goes beyond simple paperwork. Projects must demonstrate solid tokenomics, a clear use case for their token, and a well-defined roadmap.

Bybit’s team will then conduct due diligence. This involves reviewing technical, legal, and business aspects before giving the green light.

Step 2 – Pre-Launch Setup

Once approved, the technical preparation will begin. This involves finalizing smart contracts, setting up token distribution mechanisms, and preparing documentation. The developers work closely with Bybit to determine the best token allocation strategy and ensure all technical requirements are met.

Step 3 – Launch Configuration

With the groundwork in place, it’s time to configure the launch parameters. This includes setting the snapshot period duration (usually 3-5 days), defining subscription windows, and establishing token pricing. These decisions can make or break a token’s success. 

Step 4 – Launch Execution

The Bybit Launchpad crypto launch unfolds in four phases, which we’ve covered earlier:

• Snapshot period
• Subscription period
• Distribution period
• Trading period

Step 5 – Post-Launch Management

A successful launch is just the beginning. Unlike when you buy Bitcoin, where you acquire an established crypto, launching a new token requires ongoing effort to create a community and deliver on promises.

This involves actively managing the token’s early trading period, maintaining community engagement, and hitting roadmap milestones. Bybit’s team provides continuous support throughout this phase. 

How to Join Crypto Launches on Bybit Launchpad

Ready to dive into the world of token launches? This section of our Bybit Launchpad review will guide you through the process of participating in an early token offering:

Step 1 – Set Up a Bybit Account

First things first, you’ll need a verified Bybit account. This means completing at least Level 1 KYC verification and ensuring you’re not in a restricted country. The verification process typically takes 1-2 business days to complete.

Step 2 – Prepare Your Funds

Before any launch, decide whether you’ll be using the MNT allocation or the USDT lottery method. For MNT allocation, you’ll need Mantle tokens in your Bybit account. For the USDT lottery, ensure you have enough USDT. Don’t forget to factor in potential gas fees and transaction costs. 

Step 3 – Participate in the Snapshot Period

During the snapshot period, Bybit takes hourly snapshots of your token holdings. The higher your average balance during this period, the better your chances of securing an allocation. Make sure to keep your chosen tokens (MNT or USDT) in your account the entire time.

Step 4 – Subscribe to the Launch

Once the subscription period opens, you can commit your tokens through your preferred method, which we’ve covered earlier:

• MNT Track: Results in an allocation proportional to the contribution
• USDT Lottery: Purchase tickets for a chance to win an allocation 

Step 5 – Token Distribution & Trading

If your subscription is successful, you’ll receive your tokens during the distribution period. Once trading begins, you can either hold your tokens or trade them on Bybit’s spot market.

Many successful participants opt for a mixed strategy—selling a portion to secure profits while holding the rest for the long term. Like crypto presales, it’s always wise to actively manage your investment and make decisions based on your own goals. 

What Makes Bybit Launchpad Unique?

What truly sets Bybit Launchpad apart are the concrete advantages of its execution. Lots of exchanges have launchpads these days, but Bybit does things a bit differently.

Here’s how it stacks up against the competition:

• Binance Launchpad: While Binance has a more prominent presence, Bybit’s dual-track setup (MNT and USDT) allows for a more predictable allocation. On the other hand, Binance’s BNB-only system often leads to smaller allocations.
• KuCoin Spotlight: KuCoin tends to focus on smaller-cap projects with higher risk/reward profiles. The Bybit Launchpad token platform has a stricter vetting process, resulting in more consistent returns.
• Polkastarter: Polkastarter specializes in the top DeFi coins, but its decentralized nature means slower processing and higher gas fees. Bybit’s centralized structure allows for instant trading when tokens go live.

Recent upgrades further enhanced the Bybit launchpad coin platform. They addressed key pain points like:

• Simplified staking
• Fairer distribution
• Enhanced UI

While Gate.io and MEXC might run more token launches overall, Bybit’s selective approach has meant a higher investor success rate. This “quality-over-quantity” strategy, combined with integration into Bybit’s spot market, creates a more complete ecosystem.

Top Projects That Have Launched on Bybit Launchpad

The Bybit Launchpad platform has a proven track record of launching clever projects. It has several impressive success stories to its name – here are four of the most notable:

Sui (SUI)

Sui is by far Bybit Launchpad’s most successful launch to date, delivering 47x returns for early investors. This Layer-1 blockchain is designed for high scalability and transforms performance with its object-centric data model and Move programming language.

Unsurprisingly, Sui has attracted huge attention from developers and investors since its launch. According to SuiVision data, the network has handled over 8.1 billion transactions (as of January 2025) since it went live. 

TARS AI (TAI)

TARS Protocol, now known as TARS AI, achieved a 29x return for investors – making it another success story for Bybit Launchpad. Built on Solana, this AI-powered Web3 infrastructure platform offers innovative features like its “AI Console.”

It also has a specialized search engine for app development. Its native TAI token is now available on several other top CEXs, like Gate.io and MEXC.

ApeX Protocol (APEX)

Apex Protocol generated significant interest by delivering a 28x return to early investors. This decentralized derivatives trading platform introduced novel features like permissionless perpetual swap markets and an elastic AMM model.

According to DefiLlama, Apex Protocol now has almost $90 million in total value locked (TVL) as of January 2025. Although it’s still a fraction of the size of industry giants, its unique features suggest it still has lots of room to grow. 

Cookie DAO (COOKIE)

Cookie3, now known as Cookie DAO, demonstrated Bybit Launchpad’s ability to identify promising analytics projects. It achieved a return of 17x – and continues to show growth to this day.

This project stands out because of its exciting approach to Web3 analytics. Cookie DAO combines on-chain and off-chain data with AI-powered insights to help projects optimize their marketing and user engagement strategies. 

Bybit Launchpad Future Outlook – Roadmap

So, what’s next for Bybit Launchpad? While the team hasn’t published an official roadmap yet, their recent string of successful launches hints at their game plan: stick to what works, and make it even better.

The team is preparing for a major announcement during its “Keynote with Ben: In the Driving Seat to the Moon – Beat the Unknown” livestream on January 21, 2025. That’s when Bybit’s CEO will lay out the company’s vision for the future.

Key areas of discussion might be Web3 features, platform growth, and new ways to manage crypto. Any upgrades to the main exchange will undoubtedly have a positive impact on the Bybit Launchpad, making the platform even better for early investors looking to get in on the next big crypto project.

Bybit Launchpad Pros & Cons

Deciding whether to use the Bybit Launchpad platform requires careful thought. To help you make an informed decision, let’s weigh the platform’s strengths and potential drawbacks.

Is Bybit Launchpad the Best Crypto Launchpad?

Before rounding off our Bybit Launchpad review, it’s a good idea to explore alternatives. One platform that’s getting traction with a more streamlined approach is Best Wallet and its “Upcoming Tokens” feature.

Best Wallet integrates presale opportunities directly into its secure, multi-chain wallet ecosystem. The Upcoming Tokens feature acts as a sort of aggregator, allowing you to discover, evaluate, and invest in new projects directly. This eliminates complex participation requirements and the need to juggle multiple platforms.

The feature has already highlighted several successful projects. For example, Best Wallet users were able to invest in Pepe Unchained, Catslap, and Crypto All-Stars early – all of which delivered enormous returns post-listing.

Adding to the project’s appeal, Best Wallet is running its own token presale event. Their BEST token is available at a discount (relative to the eventual DEX listing price). At the time of writing, the team has raised over $7 million from early backers.

This presents a unique opportunity: you can not only use Best Wallet to access new token launches but also become part of the wallet’s own growth story. Some believe it will become the best decentralized crypto wallet on the market.

So, while Bybit Launchpad remains a popular option, Best Wallet is an appealing alternative. Those looking to keep tabs on the project can follow the official Twitter page or join the Telegram channel.

Important Note: ByBit lost nearly $1.5 billion in customer funds in a security breach on 21 February 2025. We will suggest readers be cautious when choosing any of ByBit-related products at this time.

Bybit Launchpad Review – Conclusion

Overall, Bybit Launchpad has proved itself as a reliable platform for launching new crypto projects. Its structured approach and flexible subscription methods make it an attractive choice for anyone looking to get involved in token launches.

That said, if you want something simpler, Best Wallet’s “Upcoming Tokens” feature might be a viable alternative. This feature lets you discover new presales, invest, and manage your tokens without complex steps. It’s ideal for both crypto newcomers and experienced investors.

Visit Best Wallet

See Also:

• Best Crypto Launchpads & IDO Platforms For 2025
• Best Solana Launchpads for March 2025

FAQs

References

1. Apex Protocol Total Value Locked (DefiLlama.com)
2. Bybit Launchpad: What It Is and How to Use It (Bitdegree.org)
3. Keynote With Ben: In the Driving Seat to the Moon. Beat the Unknown (Bybit.com)
4. Sui Blockchain Statistics (SuiVision.xyz)