1Acceptance
DATA: BY PARTICIPATING IN THE EVENT, YOU ACKNOWLEDGE AND AGREE THAT THE ORGANISER MAY COLLECT, USE, AND PROCESS YOUR PERSONAL DATA TO ADMINISTER THE EVENT, VERIFY ELIGIBILITY AND QUALIFYING TRADING VOLUME, COMMUNICATE WITH YOU REGARDING THE EVENT, DISTRIBUTE PRIZES, AND COMPLY WITH APPLICABLE LEGAL AND REGULATORY REQUIREMENTS. WHERE REQUIRED, YOUR INFORMATION MAY BE SHARED WITH BYBIT AND RELEVANT SERVICE PROVIDERS SOLELY TO THE EXTENT NECESSARY FOR THESE PURPOSES. DATA WILL BE PROCESSED IN ACCORDANCE WITH THE DIGITAL PERSONAL DATA PROTECTION ACT, 2023, AND RELATED RULES.
ANY CONSENT REQUIRED FOR OPTIONAL MARKETING COMMUNICATIONS WILL BE OBTAINED SEPARATELY AND IS NOT A CONDITION OF PARTICIPATION IN THE EVENT.
RISK DISCLOSURE: THIS EVENT IS A TRADING-VOLUME CONTEST, AND QUALIFYING ACTIVITY INVOLVES REAL TRADING ON THE PLATFORM. TRADING DIGITAL ASSETS AND DERIVATIVES CARRIES SIGNIFICANT RISK, INCLUDING THE LOSS OF YOUR ENTIRE CAPITAL, AND MARKETS MAY BE HIGHLY VOLATILE. PARTICIPANTS SHOULD CONSIDER THEIR FINANCIAL CIRCUMSTANCES AND RISK TOLERANCE BEFORE PARTICIPATING.
PARTICIPATION IN THE EVENT DOES NOT CONSTITUTE A RECOMMENDATION, SOLICITATION, OFFER OR INVESTMENT ADVICE TO TRADE OR ENTER INTO ANY TRANSACTION.
BY PARTICIPATING, YOU CONFIRM THAT YOU HAVE READ AND AGREE TO THESE TERMS AND THE PLATFORM'S AND BYBIT'S TERMS OF SERVICE AND TRADING POLICIES, AND YOU CONSENT TO RECEIVE CONTEST COMMUNICATIONS AT THE CONTACT DETAILS YOU PROVIDED.
2Event Details
Event Name: Gravitas Trading Oktoberfest.
Platform: Gravitas (https://www.gravitas.trade/), in partnership with Bybit.
Organiser: AlphaQuest Technovations Private Limited, incorporated under the laws of India (the “Organiser”).
Prize Pool: Up to USDT 1,500, determined by the milestone table in Article 5.
PARTICIPATION IN THIS EVENT IS VOLUNTARY. NOTHING IN THIS EVENT CONSTITUTES FINANCIAL, INVESTMENT, LEGAL, OR TAX ADVICE.
3Eligibility
To participate, you must:
Register on the Platform and connect an existing or new Bybit account;
Meet the Platform's and Bybit's registration and verification requirements;
Be legally permitted to participate under applicable laws;
Register for the Event on Bybit’s contest page, using the same Bybit account connected to the Platform; and
Comply with these Terms and the Platform's policies.
Each person may hold only one entry. A participant must generate a minimum of USDT 100,000 in qualifying trading volume during the Event Period to be eligible to receive a prize.
The Organiser may verify eligibility, qualifying trading volume, and compliance with these Terms and may disqualify any participant who does not satisfy the applicable eligibility requirements.
4Event Period
Registration Period: 6 Oct 2026 to 6 Nov 2026.
Event Period: 7 Oct 2026 to 7 Nov 2026, 00:00 UTC.
Only qualifying trades executed during the Event Period will be considered for the Event.
The Organiser may modify, suspend, extend, shorten, or cancel the Event where reasonably required due to operational, technical, legal, regulatory, security, fraud, market, or other circumstances beyond its reasonable control.
5Winner Selection
Qualifying activity: Every trade placed on the Platform during the Event Period by a registered participant using Easy Options, Hero Zero, Expiry Trading, Copy Trading, or Strategy Builder in BTC, ETH, SOL, GOLD, SPCX, NVDA, SNDK, QQQ, SKHY, MU, TSLA or SOXL options of any available expiry counts towards that participant's cumulative notional trading volume. Only trades that are opened and settled or closed on or before the end of the Event Period will count.
For the avoidance of doubt, only trades that are validly executed on the Platform and subsequently closed or settled within the Event Period will be included in the qualifying trading volume. Trades that are cancelled, reversed, invalidated, or determined by the Organiser to constitute abusive or prohibited activity may be excluded.
Eligibility Threshold: A participant must generate at least USDT 100,000 in qualifying notional trading volume to be an “Eligible Participant” and to qualify for ranking and prize allocation.
Ranking and Prize Allocation: Participants will be ranked based on their individual qualifying notional trading volume during the Event Period, with the participant having the highest qualifying trading volume ranked first, the participant having the second-highest qualifying trading volume ranked second, and so on.
The total prize pool unlocked will be determined by the aggregate qualifying trading volume of all participants at the end of the Event Period. The applicable prize amount for each rank will then be determined in accordance with the following table. The Prize Pool tiers are as follows:
Total qualifying trading volume USD 5M – 10M: Prize Pool USDT 100.
USD 10M – 20M: USDT 200.
USD 20M – 30M: USDT 300.
USD 30M – 40M: USDT 400.
USD 40M – 50M: USDT 500.
USD 50M – 60M: USDT 600.
USD 60M – 70M: USDT 700.
USD 70M – 80M: USDT 800.
USD 80M – 90M: USDT 1,000.
USD 90M – 100M: USDT 1,250.
USD 100M and above: USDT 1,500.
The final prize pool will correspond to the highest applicable total trading volume tier achieved at the end of the Event Period. No prize will be payable if the aggregate qualifying trading volume of all participants is below USD 5,000,000.
The Prize Pool will not be distributed proportionately among participants. Instead, prizes will be paid to the highest-ranked Eligible Participants in accordance with the following rank-wise prize allocation. Each column is the tier the total qualifying trading volume has reached (USD); amounts are in USDT:
| Rank | $5M | $10M | $20M | $30M | $40M | $50M | $60M | $70M | $80M | $90M | $100M+ | Minimum trading volume (USD) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 45 | 90 | 135 | 180 | 225 | 240 | 260 | 280 | 340 | 400 | 480 | 100,000 |
| 2 | 30 | 60 | 90 | 120 | 150 | 165 | 180 | 200 | 240 | 300 | 360 | 100,000 |
| 3 | 15 | 30 | 45 | 60 | 75 | 105 | 120 | 140 | 160 | 200 | 240 | 100,000 |
| 4 | 5 | 10 | 15 | 20 | 25 | 40 | 60 | 70 | 90 | 100 | 120 | 100,000 |
| 5 | 5 | 10 | 15 | 20 | 25 | 25 | 30 | 35 | 45 | 50 | 60 | 100,000 |
| 6 | 0 | 0 | 0 | 0 | 0 | 5 | 10 | 15 | 25 | 40 | 48 | 100,000 |
| 7 | 0 | 0 | 0 | 0 | 0 | 5 | 10 | 15 | 25 | 40 | 48 | 100,000 |
| 8 | 0 | 0 | 0 | 0 | 0 | 5 | 10 | 15 | 25 | 40 | 48 | 100,000 |
| 9 | 0 | 0 | 0 | 0 | 0 | 5 | 10 | 15 | 25 | 40 | 48 | 100,000 |
| 10 | 0 | 0 | 0 | 0 | 0 | 5 | 10 | 15 | 25 | 40 | 48 | 100,000 |
| Unlocked prize pool | 100 | 200 | 300 | 400 | 500 | 600 | 700 | 800 | 1,000 | 1,250 | 1,500 |
No prize will be payable to a participant who does not meet the minimum individual qualifying trading volume of USDT 100,000, even if the applicable prize pool has been unlocked.
The maximum prize payable to any participant will be the amount specified for that participant's rank under the applicable Prize Pool tier.
In the event of a tie in qualifying trading volume, the Organiser may determine the ranking based on the time at which the relevant qualifying volume was first achieved, with the participant achieving the relevant volume earlier being ranked higher.
Winners will be announced 14 days after the Event ends.
The Organiser's decision regarding eligibility, rankings, and prize allocation is final and binding, subject to applicable law and provided that such determination is made in accordance with these Terms. Participants engaging in fraud, market manipulation, wash trading, bot activity, use of multiple accounts, self-trading, collusion, exploitation of technical errors, or any other unfair practice may be disqualified, and their volume and any related prize entitlement may be excluded.
6Prize Distribution
Rewards will be distributed based on the users' trading volumes and the final prize pool unlocked.
All rewards will be distributed in USDT.
Rewards will be automatically distributed to eligible users' Rewards Hub within 14 working days after the event ends. Users must manually claim their rewards from the Rewards Hub on Bybit.
To receive a prize, participants must:
Maintain an active Platform account;
Complete any required verification checks; and
Comply with applicable laws and Platform policies.
If a participant becomes ineligible after the Event due to fraud, prohibited activity, account restrictions, or failure to complete required verification, the Organiser may withhold or revoke the applicable prize.
The Organiser may withdraw any unclaimed or forfeited prize. Participants are solely responsible for any taxes arising from receipt of a prize. The Organiser may deduct or withhold taxes where required by law.
7Prize Conditions
Prize usage remains subject to the Platform's terms, policies, and applicable laws. Participants may not:
Transfer or assign prizes unless permitted by the Platform;
Use prize funds for prohibited or abusive activities; or
Engage in conduct that violates these Terms or applicable law.
The Organiser may revoke or adjust prizes awarded in error or obtained through misconduct or where the underlying qualifying trading volume is subsequently determined to be invalid or ineligible.
8General Terms
Limitation of Liability: To the maximum extent permitted by law, the Organiser shall not be liable for any indirect, incidental, consequential, or special losses arising from participation in the Event. Neither the Organiser nor Bybit is responsible for any trading loss incurred during the Event.
Amendments: The Organiser may amend these Terms at any time. Continued participation constitutes acceptance of any amendments.
Governing Law: The Organiser may amend these Terms where reasonably necessary due to legal, regulatory, technical, operational, security, or other legitimate circumstances. Any material amendment will be communicated through the Platform or other appropriate means. Amendments will not affect prizes already validly earned, except where necessary to correct an error, address fraud or misconduct, or comply with applicable law or regulatory requirements.
Force Majeure: The Organiser is not liable for delays, interruptions, or cancellation of the Event caused by circumstances beyond its reasonable control, including technical failures, network or infrastructure failures, third-party service provider failures, regulatory restrictions, cyber incidents, or other events that materially affect the operation of the Event.
Severability: If any provision of these Terms is held invalid or unenforceable, the remaining provisions remain in full force and effect.
Questions about the contest go to legal@graviti.exchange.