Hibt Announcement on XLAB Deposits and Trading Contest - Share in 1,500,000 Tokens Prize Pool
Dear Valued User,
To show appreciation to our new and existing users, Hibt is launching the “XLAB Deposits and Trading Contest - Share in 1,500,000 Tokens Prize Pool” event. Details are as follows:
I. Event Period
2025/08/21 05:00 – 2025/09/02 16:00 (UTC)
II. Event Rules
1. XLAB Deposit Contest
During the event, users who deposit XLAB tokens on Hibt and rank in the top 50 by net deposit volume will share in a prize pool of 750,000 XLAB.
| Ranking | Rewards (XLAB) | Minimum Deposit Volume (USDT) |
| 1st | 250,000 | ≧16,000 |
| 2nd | 150,000 | ≧12,000 |
| 3rd | 50,000 | ≧8,000 |
| 4th - 10th | share 50,000 | ≧2000 |
| 11th - 50th | share 250,000 | ≧500 |
The XLAB deposit value will be calculated based on the market price at the XLAB of deposit.*Net Deposit Volume = Deposits during the event period - Withdrawals during the event period.
2. XLAB Trading Contest
During the event, users who trade XLAB /USDT on Hibt and meet the minimum trading volume requirement will share a prize pool of 750,000 XLAB based on their trading volume ranking.
| Ranking | Rewards (XLAB) | Minimum Trading Volume (USDT) |
| 1st | 250,000 | ≧250,000 |
| 2nd | 150,000 | ≧200,000 |
| 3rd | 50,000 | ≧150,000 |
| 4th - 10th | share 50,000 | ≧15,000 |
| 11th - 50th | share 250,000 | ≧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
August 21, 2025
Hibt Community
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