Bybit launches Phase 3 of RLUSD Hold & Earn program

Bybit has launched Phase 3 of its RLUSD Hold & Earn program, a dual-token rewards initiative powered by Ripple. Through October 18, 2026, eligible users can earn daily rewards in both RLUSD and XRP simply by holding RLUSD in their accounts. The program requires no staking, lock-ups, or subscriptions.

Participants can earn a base APR of up to 3.5% in RLUSD. Additionally, a prize pool of 800,000 XRP is available, with a bonus multiplier that scales based on the duration of continuous holding, reaching up to 2.0x for holdings of 90 days or more. As part of this phase, Bybit has also reduced trading fees to 0% for both makers and takers on the RLUSD/USDT spot pair.

RLUSD is a USD-pegged stablecoin issued by Ripple, collateralized by U.S. Treasury bills, USD deposits, and other cash equivalents to maintain a 1:1 peg to the U.S. dollar.