PANews July 13 news, Bybit announced that the public token sale of PUMP will officially start at 14:00 UTC on July 12, 2025. Due to extremely high market demand, the token was oversubscribed within seconds, resulting in some users successfully obtaining allocation quotas while others failed to subscribe. A comprehensive review of the order statuses for all users has been conducted. To ensure fairness and transparency, the token distribution strictly follows the 'first come, first served' principle. Within 10 minutes after Bybit confirms the final status of the PUMP token sale, all oversubscription funds have been fully refunded to the original accounts. Bybit will issue a 20 USDT spot trading fee discount voucher to all affected users as compensation. The voucher has been issued to the 'Welfare Center' in the account and can be immediately used for spot trading fee discounts after manual collection.