Bybit Update: ZAMA Launchpool Rewards And Chase Limit Orders

02-Feb-2026 Crypto Adventure
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Bybit Launchpool Opens: Stake ZAMA Or MNT To Earn 12,000,000 ZAMA

Bybit announced a Launchpool campaign where users stake Zama (ZAMA) or Mantle (MNT) to earn a share of 12,000,000 ZAMA, with the event period shown as 2026-02-02 08:00 AM to 2026-02-08 10:00 AM (UTC).

The driver that matters is flow engineering. Launchpools concentrate demand into the staking assets during the window, then shift attention to the reward token when distribution starts. That can tighten liquidity and lift spot demand briefly, then flip into sell pressure if rewards are claimed and sold aggressively.

How Launchpool Mechanics Usually Shape Price

Launchpool demand often shows up first as higher buy pressure in the staking assets, because users need inventory to participate. The second-order effect is a rotation into the reward token once rewards are credited, especially if APR is attractive or the market expects a listing catalyst.

Bybit’s own Launchpool interface describes the general flow as stake-to-earn with redemption flexibility on the Launchpool hub at bybit.com/trade/spot/launchpool. Even when the product feels simple, the market impact can be sharp because it time-boxes participation.

What To Verify Before Participating

APR and caps are the main edge, not the headline. The pool cap and reward calculation determine whether the campaign is a real yield opportunity or a marketing funnel where most users see low effective returns.

Practical checks that prevent bad assumptions:

  • Confirm the live APR display, pool caps, minimum staking amounts, and any per-user limits directly on the Launchpool announcement page.
  • Check eligibility constraints such as region rules or KYC tier requirements in the same official terms.
  • Verify how rewards credit, whether rewards stream continuously or distribute at the end, and whether claim windows can change.
What To Watch During The Window

If the Launchpool pulls meaningful flow, two signals usually move first.

  • ZAMA and MNT spot liquidity tightens, with wider spreads near peak participation times.
  • Perp basis and funding become more sensitive if traders hedge spot holdings used for staking.

The highest-risk moment is the first hours of the campaign, when users rush to stake and the order book can thin unexpectedly.

Bybit Rolls Out Chase Limit Order As An Execution Tool

Bybit introduced a Chase Limit Order concept as a limit order that tracks the best bid or ask and dynamically reprices until filled, canceled, or a maximum chasing distance is reached, as described in Bybit’s own Help Center article on Chase Limit Order.

The root driver is execution friction. Traders often manually reprice limits in fast markets to avoid crossing the spread, and this tool automates that behavior with explicit guardrails.

How Chase Limit Order Works

Bybit’s documentation describes two primary ways to configure the chase behavior.

  • Chase at Ask1 or Bid1, where the order keeps tracking the best price level.
  • Chase at a fixed distance from Ask1 or Bid1, expressed as a price distance or ratio.

A maximum chase distance can be set as a value or percentage, and once the maximum is reached the order stops chasing and rests at its current price. The same guide notes an optional trigger price that can activate the strategy when the last traded price reaches that level.

What Makes It Different From A Standard Limit Order

The difference is not the limit concept, it is the automated repricing loop. That loop can reduce missed fills in trending tapes without forcing a taker market order.

The Bybit guide also notes important constraints that change behavior:

  • Chase Limit Orders default to post-only to keep maker intent.
  • If the order is rejected five times due to post-only conditions during volatility, the strategy is canceled.
  • Limits exist on how many chase orders can be open per symbol and per account.

Those rules matter because they define when the tool will fail gracefully versus when it will keep tracking.

What To Verify Before Using It With Size

Chasing tools can feel safe and still behave unexpectedly during spikes.

Checks that keep execution predictable:

  • Confirm which markets support it in your interface, since availability can differ between Spot and Derivatives.
  • Test with small size first to see how repricing behaves when the spread widens.
  • Confirm fee and rebate implications if you rely on maker rebates, since a chase order that cancels after repeated post-only rejections can leave you unfilled.

Conclusion

The ZAMA Launchpool is a time-boxed flow magnet that can tighten liquidity and shift attention between staking assets and reward emissions. Chase Limit Order is an execution upgrade that automates maker-style repricing, but its post-only guardrails and volatility behavior should be tested before scaling size.

The post Bybit Update: ZAMA Launchpool Rewards And Chase Limit Orders appeared first on Crypto Adventure.

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