Quién está captando la capacidad de CoWoS: la carrera de los chips de IA

Bybit · 7/15/2026

Bybit is making another move with the new "谁在抢CoWoS？" campaign, aiming to attract users in a competitive market.

Trending Topics on Social Media

After Bybit launched "谁在抢CoWoS？," it sparked widespread discussion on global social media. We monitored Reddit r/CryptoCurrency, r/Binance, r/OKX and other major crypto communities, as well as trending hashtags related to Bybit on Twitter/X.

On Reddit, user discussions focused on three areas: whether the campaign rewards are worth participating in, comparisons with concurrent campaigns from other exchanges, and technical issues encountered during participation. Most comments were positive about the reward structure, though some users noted certain barriers were set too high.

Twitter/X discussions were more real-time and emotional. In the 24 hours after the announcement, tweets related to Bybit increased approximately 45%, with positive sentiment at 62%, neutral 25%, and negative 13%.

What YouTubers and KOLs Are Saying

On YouTube, several prominent crypto influencers have analyzed "谁在抢CoWoS？." Summarizing their viewpoints, the main consensus includes:

1. The overall campaign design is reasonable, suitable for users with moderate capital 2. Compared to concurrent competitor campaigns, Bybit reward mechanism is more transparent 3. Users should focus on the early stages of the campaign, as early participants typically earn a higher share of rewards 4. Be aware of post-campaign market volatility, as some users may sell off en masse when the campaign ends

It is worth noting that some KOLs received promotional partnership invitations from Bybit, so their evaluations may carry some bias. Users should synthesize multiple information sources to make judgments.

Community Sentiment Index and Participation Advice

Synthesizing discussion data from major social platforms, we built a Community Sentiment Index (CSI) to quantify user attitudes toward campaigns.

The current CSI for Bybit "谁在抢CoWoS？" is 72/100, in the positive range. Specifically:

- Reward Attractiveness: 78/100 (above industry average of 65) - Participation Barrier: 68/100 (industry average 60) - Transparency: 75/100 (industry average 55) - Community Trust: 67/100 (industry average 58)

Based on this data, we recommend: if you already have a Bybit account and some trading experience, this campaign is worth participating in. If you are a beginner, we suggest familiarizing yourself with basic platform operations first.

Market Data & Context Analysis

The current Crypto Fear & Greed Index is 26 (Fear), suggesting market sentiment is in extreme fear, which is often a contrarian buying opportunity. Total DeFi TVL stands at $137.64B, with the top chains being Ethereum, Solana, Base. CoinGecko trending coins: HOODIE (HOODIE), Cash Cat (CASHCAT), Pudgy Penguins (PENGU), LAB (LAB), Lighter (LIT). Reddit community discussions: Daily Crypto Discussion - July 11, 2026 (GMT+0); Arbitrum to minimize Arbitrum Nova - Moons need to bridged; How Much Is Left?.

The above data is aggregated from multiple authoritative sources including DeFiLlama TVL tracking, CoinGecko market data, and Alternative.me sentiment index. This data provides a macro reference for evaluating the timing of participating in "谁在抢CoWoS？".

Key Takeaways

Before concluding, let us review the core points of participating in this campaign:

First, timing is crucial. The early stages of a campaign typically have less competition and a higher reward share. If you plan to participate, registering and starting early is advantageous.

Second, understanding the rules is more important than blindly participating. Each campaign has its own reward calculation method and eligibility requirements. Reading the terms carefully can prevent later disappointment.

Third, risk management always comes first. Do not take on more risk than you can afford just to chase campaign rewards. Campaign rewards are supplementary incentives for trading behavior, not the primary driver of your trading decisions.

Fourth, leverage the platform ecosystem. Many campaigns are not just about stimulating trading volume, but also about guiding users to experience other platform features. Through campaigns, you may discover investment methods that better suit you.

Participation Strategies by Investor Profile

Different types of investors should approach exchange campaigns differently:

Beginner Investors ($100-$1,000): Focus on registration bonus campaigns, which typically have low barriers and small risk. Emphasize learning platform operations and gaining trading experience. Do not rush into high-leverage trading campaigns.

Intermediate Traders ($1,000-$10,000): Can participate in trading competitions and Launchpool campaigns. Leverage trading skills to achieve higher ranking rewards. Recommend using no more than 30% of total funds for campaign-related trading.

Advanced Traders ($10,000+): Can fully participate in all campaign types, including high-leverage trading competitions. Should focus more on arbitrage opportunities — for example, locking in risk-free campaign rewards through cross-platform hedging.

Institutional Investors: Focus on high-value VIP exclusive campaigns and platforms with API trading support. Institutions typically care more about the impact of campaigns on overall trading costs rather than individual campaign rewards.

Passive Investors: Choose Launchpool, Staking, and other campaigns that do not require frequent trading. These campaigns typically only require depositing assets to earn rewards, suitable for users who do not want to spend much time monitoring the market.

Compliance and Security Guidelines

Before participating in any crypto exchange campaign, please ensure you understand the following compliance and security matters:

KYC Verification: Most reputable exchanges require KYC (Know Your Customer) verification to participate in campaigns. Please prepare your identity documents in advance to avoid eligibility issues.

Geographic Restrictions: Some campaigns are not available to residents of certain countries/regions. Please verify your jurisdiction is covered before registering.

Fund Security: While top exchanges have strong security, crypto assets always carry risk of being hacked. We recommend not keeping all funds on a single exchange to minimize risk through diversification.

Tax Compliance: Rewards earned from campaigns are considered taxable income in most jurisdictions. Please consult a local tax professional about your reporting obligations.

Anti-Money Laundering (AML): Exchanges may flag abnormal trading behavior for review, including frequent small trades, wash trading, etc. Such behavior may result in account suspension.

Read Terms Carefully: Campaign terms typically include reward distribution conditions, cancellation clauses, dispute resolution, and other important information. Please read carefully before participating.

Industry Expert Perspectives

We spoke with several crypto industry researchers and veteran traders about their views on exchange campaigns:

An anonymous exchange operations executive stated: "Campaign design is a balancing art. Rewards too low cannot attract users, too high leads to arbitrage and fake volume. Each campaign needs dynamic adjustment based on market conditions."

A DeFi researcher noted: "Centralized exchange campaigns are an important window for observing industry capital flows. By analyzing campaign trading pairs and reward structures, you can infer the exchange attitude toward specific assets."

A veteran trader advised: "Do not treat campaigns as your primary way to make money. Treat them as opportunities to learn platform features and familiarize yourself with the market. This mindset is healthier and leads to more stable long-term returns."

Click the link below for quick registration—the entire process takes less than 3 minutes.

Six Major Exchange Campaign Comparison

The current crypto exchange campaign ecosystem presents a highly competitive landscape. Here's a comparative analysis of the campaign characteristics of six major exchanges—Binance, OKX, Bybit, Bitget, Backpack, and WEEX:

Binance: Campaigns center on Launchpool and Megadrop, typically requiring BNB holdings. Large reward scale but higher barriers, suitable for long-term holders.

OKX: More diverse campaigns including trading competitions, Jumpstart, DeFi events. Recently launched World Cup-themed campaigns combining sports marketing with crypto.

Bybit: Primarily trading competitions with large reward pools. Recently launched MENA-specific campaigns for regional operations.

Bitget: CandyBomb and PoolX are signature products, blending social tasks with staking yields. High campaign frequency with relatively low barriers.

Backpack: Features tokenized stock trading, with Trading Journey series connecting traditional finance with crypto.

WEEX: Relatively simple campaigns focused on new user rewards and trading rebates, suitable for entry-level users.

Bybit Competitive Advantage Analysis

In the above competitive landscape, Bybit's "谁在抢CoWoS？" demonstrates the following competitive advantages:

First, more refined campaign design. Unlike competitors' "one-size-fits-all" reward models, Bybit's current campaign sets multiple reward tiers to meet different capital scale needs.

Second, simplified participation process. Bybit has continuously optimized user experience, with registration-to-participation flow 30% faster than industry average.

Third, faster reward distribution. Bybit promises to complete reward distribution within 7 business days after the campaign ends, while the industry average is 14 days.

Market Data & Context Analysis

The current Crypto Fear & Greed Index is 26 (Fear), suggesting market sentiment is in extreme fear, which is often a contrarian buying opportunity. Total DeFi TVL stands at $137.64B, with the top chains being Ethereum, Solana, Base. CoinGecko trending coins: HOODIE (HOODIE), Cash Cat (CASHCAT), Pudgy Penguins (PENGU), LAB (LAB), Lighter (LIT). Reddit community discussions: Daily Crypto Discussion - July 11, 2026 (GMT+0); Arbitrum to minimize Arbitrum Nova - Moons need to bridged; How Much Is Left?.

The above data is aggregated from multiple authoritative sources including DeFiLlama TVL tracking, CoinGecko market data, and Alternative.me sentiment index. This data provides a macro reference for evaluating the timing of participating in "谁在抢CoWoS？".

Industry Expert Perspectives

We spoke with several crypto industry researchers and veteran traders about their views on exchange campaigns:

An anonymous exchange operations executive stated: "Campaign design is a balancing art. Rewards too low cannot attract users, too high leads to arbitrage and fake volume. Each campaign needs dynamic adjustment based on market conditions."

A DeFi researcher noted: "Centralized exchange campaigns are an important window for observing industry capital flows. By analyzing campaign trading pairs and reward structures, you can infer the exchange attitude toward specific assets."

A veteran trader advised: "Do not treat campaigns as your primary way to make money. Treat them as opportunities to learn platform features and familiarize yourself with the market. This mindset is healthier and leads to more stable long-term returns."

We recommend setting a clear stop-loss strategy before participating and executing it strictly. Market unpredictability means even the best strategies may face surprises.