Bybit

Bybit is a fast growing CEX founded in 2018, strong in futures trading. Its co-founder is Ben Zhou and Helen Liu is COO, and has offices in Singapore and Dubai. Although Bybit got $1.5B hack in 2025 February, it gets recovered fast and still remains in tier 1 CEX.

CEX Listing

For spot listing, Bybit mainly do pre-TGE listing for VC-backed projects and post-TGE listing for memecoins. The listing fee ranges from $500K~$800K USDT security deposit + $500K~$800K USDT worth tokens (based on last round's valuation).

To get the security deposit back, Bybit usually requires the project to maintain certain price level (like not break TGE price, or 3x of TGE price) and bring around 5K eFTD (first time deposit) within 2 months after TGE. The eFTD requires depositing minimal $100 worth of tokens and sell to stablecoins, or depositing $100 stablecoins and buy the tokens.

For perp listing, Bybit can accept post-TGE project, the listing fee is $200K USDT + $100K~$200K worth tokens. The project should be already listed on at least on two of tier 2 CEXs (Bitget, Gate, KuCoin, MEXC), maintain $30M+ market cap (not FDV) and $10M+ daily volume.

Project OTC Sale / acquisition

For project already listed on Bybit spot, it can work with private buyers (usually hedge fund or family office) to OTC sell large amount of tokens (no vesting) at a 25-40% discount. 

If the project team still controls more than 80% of tokens (including locked), it can also sell all its tokens together with project's social media, website and product to the private buyers. The acquisition price varies from $600K~$900K based on project's VC backers, % of tokens controlled and sector.