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Tags: Spot
Bybit is supporting Midnight's (NIGHT) Glacier Drop for users who held qualifying tokens. NIGHT will be distributed based on the allocation provided by the Midnight team and your eligible holdings on Bybit.
Here’s what you need to know.
Key timeline
Airdrop snapshot
Jun 11, 2025, 12AM UTC
We've captured your relevant token holdings at that time.
First batch of distribution
Dec 16, 2025, we’ll distribute 25% of the total allocation.
The project team will confirm the schedule for the remaining distributions.
Airdrop rules
We’ll distribute NIGHT based on the total amount received from the project team.
How distribution works
Your final NIGHT amount depends on your share of all qualifying token holdings. We calculate this by multiplying the total NIGHT allocation by the ratio of your qualifying holdings to the total qualifying holdings across all users.
We’ll only include token holdings valued at more than $100. All values will be based on snapshot prices taken on Jun 12, 2025, 12AM UTC.
What counts as qualifying holdings
Qualifying tokens: ADA, BTC, ETH, SOL, XRP, BNB, AVAX and BAT.
Included holdings
1. Wallet balances in Funding, Unified Trading and Inverse Derivatives accounts
2. Tokens held in Earning and Lending products
We’ll include collateral tokens and deduct tokens obtained through borrowing.
Important notes
1. The final NIGHT allocation received by Bybit will be confirmed by the Midnight team.
2. Distribution will follow the four-phase Glacier Drop unlock design.
3. No action is required from users to receive their airdrop on Bybit.
4. This airdrop is not intended for users located in, residing in, or otherwise subject to the laws of any restricted or prohibited jurisdiction under Bybit’s Terms of Service.
Source: Bybit Official Announcement — originally published on Mon, 08 Dec 2025 08:00:00 GMT.
