Bybit Compensates PUMP Sale Subscribers with USDT Vouchers
- Bybit compensates users for oversubscribed PUMP token sale.
- Affected users receive 20 USDT vouchers.
- Refunds processed within 10 minutes for unallocated funds.
Bybit has announced a compensation plan for users affected by the oversubscription of the PUMP token sale on July 12, 2025. The cryptocurrency exchange is providing a 20 USDT spot trading fee discount voucher to these users.
High demand for the PUMP token during its public sale led to oversubscription, compelling Bybit to issue compensation, reflecting user interest in emerging tokens.
Bybit, under the leadership of CEO Ben Zhou, responded to the oversubscription of the PUMP token by issuing a platform-wide compensation plan. Affected users receive a 20 USDT spot trading fee discount voucher claimable in the “Welfare Center”.
The compensation initiative is a response to the fast-paced nature of the token sale, which was conducted on a “first come, first served” basis. Bybit has assured users of fairness by completing a thorough review of order statuses.
“Bybit will issue a 20 USDT spot trading fee discount coupon to all affected users as compensation. The coupon has been issued to the ‘Welfare Center’ of the account and can be manually claimed for immediate use in spot trading fee deductions.” — Ben Zhou, CEO and Co-founder, Bybit
Investors attracted by the PUMP token’s potential were left unsatisfied due to limited allocations. By providing compensation, Bybit aims to uphold trust and maintain market engagement, although direct impacts on major cryptocurrencies were minimal.
As part of the financial measures, Bybit issued refunds for unsatisfied allocations within a short timeframe. The use of USDT as the median currency for vouchers and refunds emphasized its reliability in transactional activities.
The history of crypto exchanges offering vouchers post-token sales shows a pattern of addressing user dissatisfaction. Bybit’s approach mirrors industry practices, likely enhancing their reputation and ensuring continued investor interest in future launches.
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