Odaily Planet Daily reported that cryptocurrency exchange Bybit has announced on social media platform X that all users who successfully participated in the PUMP token sale have now received their token allocations in their respective Bybit accounts. The much-anticipated public token sale for PUMP officially commenced on July 12, 2025, at 14:00 UTC. However, due to an overwhelming level of demand, the sale was oversubscribed within just a few seconds. As a result, only a portion of users were able to secure token allocations, while a significant number of participants were left without successful subscriptions.
Bybit acknowledged the issue and responded swiftly to user concerns. In a move to maintain transparency and user satisfaction, the platform announced a compensation plan for those who were unable to participate successfully. All affected users will receive a $20 USDT spot trading fee deduction coupon, which can be used to offset trading costs on the platform. This gesture reflects Bybit’s ongoing commitment to user experience, especially in the face of high-demand token launches. The incident also highlights the growing interest and competition in new token sales, signaling strong retail and institutional appetite for emerging crypto assets like PUMP.