Odaily Planet Daily News Bybit announced on platform X that on July 12, 2025, at 14:00 UTC, the public token sale for PUMP officially begins. Due to extremely high market demand, the tokens were oversubscribed within seconds, resulting in some users successfully obtaining allocation quotas while others were unable to subscribe successfully. A comprehensive review of all users' order statuses has been conducted. To ensure fairness and transparency, the token allocation strictly follows the 'first come, first served' principle. Within 10 minutes after Bybit confirms the final status of the PUMP token sale, all oversubscribed funds have been fully refunded to the original accounts. Bybit will issue a 20 USDT spot trading fee discount coupon to all affected users as compensation. The coupon has been issued to the 'Welfare Center' of the account and can be manually claimed for immediate use in spot trading fee deductions.