BlockBeats News, July 13th, Bybit announced that on July 12th, 2025, at 14:00 UTC, the public token sale of PUMP officially started. Due to extremely high market demand, the token was oversubscribed within seconds, resulting in some users successfully receiving an allocation while others were unable to participate.
All users' order statuses have been thoroughly reviewed. To ensure fairness and transparency, token allocation strictly followed a "first-come, first-served" principle. Within 10 minutes after Bybit confirmed the final status of the PUMP token sale, all oversubscribed funds have been fully refunded.
Bybit will provide all affected users with a 20 USDT spot trading fee discount coupon as compensation. This coupon has been distributed to the account's "Rewards Hub," and can be used immediately for spot trading fee discounts upon manual redemption.