Hibt Announcement on PHY Deposits and Trading Contest - Share in 7000 Tokens Prize Pool
Dear Valued User,
To show appreciation to our new and existing users, Hibt is launching the “PHY Deposits and Trading Contesdt - Share in 7000 Tokens Prize Pool” event. Details are as follows:
I. Event Period
2025/07/28 05:00 – 2025/08/10 16:00 (UTC)
II. Event Rules
1. PHY Deposit Contest
During the event, users who deposit PHY tokens on Hibt and rank in the top 50 by net deposit volume will share in a prize pool of 3,500 PHY.
| Ranking | Rewards (PHY) | Minimum Deposit Volume (USDT) |
| 1st | 800 | ≧16,000 |
| 2nd | 700 | ≧12,000 |
| 3rd | 600 | ≧8,000 |
| 4th - 10th | share 600 | ≧2000 |
| 11th - 50th | share 800 | ≧500 |
The PHY deposit value will be calculated based on the market price at the PHY of deposit.*Net Deposit Volume = Deposits during the event period - Withdrawals during the event period.
2. PHY Trading Contest
During the event, users who trade PHY /USDT on Hibt and meet the minimum trading volume requirement will share a prize pool of 3,500 PHY based on their trading volume ranking.
| Ranking | Rewards (PHY) | Minimum Trading Volume (USDT) |
| 1st | 800 | ≧250,000 |
| 2nd | 700 | ≧200,000 |
| 3rd | 600 | ≧150,000 |
| 4th - 10th | share 600 | ≧15,000 |
| 11th - 50th | share 800 | ≧5,000 |
*Trading Volume = Buy Volume + Sell Volume
III. Important Notes
- Users found cheating or using unfair methods to claim rewards will be disqualified.
- Rewards will be announced and distributed within three working days after the event ends.
- Hibt reserves the right to the final interpretation of the event.
Thank you for your continued support.
Hibt Team
July 28, 2024
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