Riot Games has unveiled the VALORANT 2026 Champions Shanghai Bundle. Titled "Frag or Die," the currently showcased content includes a Phantom skin with two visual variants and a melee weapon that unfolds into a traditional Chinese folding fan.
The Phantom skin changes its color scheme based on the player's side. The Defender version features a pearl white base with beige-gold accents, while the Attacker version uses a black base with gold decorations. Upon securing a kill, dynamic patterns will also appear across the weapon's surface.
This Phantom skin features a finisher effect triggered by the final kill of the round. The animation depicts Sage and Viper shooting at each other, with imagery of both a dragon and a snake appearing simultaneously; the skin's current color scheme determines which character ends up on top. The trailer also displays weapon charms corresponding to the two color schemes, featuring red-and-black snake and white-and-gold dragon designs respectively.
The melee weapon in the bundle is themed around a traditional Chinese folding fan. It normally appears in a karambit-like form bearing the VCT logo; when inspected, the blade unfolds into a folding fan. Like the Phantom skin, this melee weapon switches between black and white color schemes depending on whether the player is on the Attacker or Defender side.
Riot Games has not yet confirmed the price of this bundle, nor have all the included items been fully revealed beyond the trailer. Previous Champions bundles have typically been priced around 6,100 to 6,200 VP, equivalent to approximately $64–$65; individual items within these bundles are usually available for separate purchase, with melee weapon skins historically costing around 5,300 VP.
This Phantom skin continues the Champions bundle tradition of alternating between the Phantom and the Vandal, with last year's Paris Champions bundle featuring a Vandal skin. A portion of the revenue from this limited-time bundle will be distributed among all VCT partner teams under Riot Games.