PANews reported on July 13 that Bybit announced that the PUMP public token sale was officially launched at 14:00 UTC on July 12, 2025. Due to extremely strong market demand, the tokens were oversubscribed within seconds, resulting in some users successfully obtaining the allocated quota and other users failing to subscribe successfully. The order status of all users has been fully reviewed. To ensure fairness and transparency, token allocation strictly follows the "first come, first served" principle. Within 10 minutes after Bybit confirmed the final status of the PUMP token sale, all oversubscribed funds were fully refunded. Bybit will issue 20 USDT spot trading fee deduction coupons to all affected users as compensation. The coupon has been issued to the "Benefit Center" of the account and can be used immediately for spot trading fee deduction after manual collection.