DeFi Daily News
Saturday, May 31, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi

rewrite this title Bybit Bounces Back: Kaiko Validates Fast Liquidity Recovery Post-$1.5B Hack

Chainwire by Chainwire
May 7, 2025
in DeFi
0 0
0
rewrite this title Bybit Bounces Back: Kaiko Validates Fast Liquidity Recovery Post-.5B Hack
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

Dubai, UAE, May 7th, 2025, Chainwire

In the aftermath of the largest hack in crypto history, Bybit has emerged as a case study in market resilience, transparency, and user trust. A new independent report by Kaiko, a leading provider of institutional-grade crypto market data, reveals that Bybit’s liquidity rebounded to pre-incident levels within just 30 days—a feat unmatched by industry peers following similar crises.

On February 21, 2025, Bybit was the target of a coordinated cyberattack resulting in $1.5 billion in unauthorized withdrawals. While the incident sent shockwaves through the global crypto ecosystem, Bybit’s swift response and robust infrastructure ensured trading remained uninterrupted. In the weeks that followed, the platform’s liquidity, trading depth, and user confidence bounced back with remarkable speed.

A 30-Day Turnaround Led by Market Structure Innovation

According to Kaiko’s analysis, Bybit’s Bitcoin liquidity—measured by the 1% market depth—reached an average of $13 million per day by the end of Q1 2025, matching pre-hack levels. Liquidity recovered across all order book tiers, from 0.1% to 8% of the mid-price, underscoring deep institutional participation.

A key contributor to this recovery was the timely launch of Retail Price Improvement (RPI) orders on February 20, just one day before the attack. These orders, exclusive to manual traders on Bybit’s interface and inaccessible via API, are placed by institutional market makers to enhance pricing conditions for retail participants. In the volatile days post-incident, RPI orders helped stabilize trading, tighten spreads, and protect manual users from predatory algorithmic behavior.

Altcoin Market Strength and Narrowing Spreads

Liquidity recovery wasn’t limited to Bitcoin. Over 80% of pre-hack market depth for the top 30 altcoins by market cap was restored by March. Spreads across major tokens—including high-volatility assets like DOGE and XRP—tightened significantly, indicating improved execution costs and renewed market maker confidence.

Bid-ask spread volatility, a key indicator of market stress, also declined throughout March, signaling improved order book stability and increased participation from liquidity providers.

Volumes Recover Faster Than in Previous Crises

While broader market sentiment remained cautious amid macroeconomic uncertainty, Bybit’s trading volumes rebounded faster than after comparable shocks such as the 2016 Bitfinex hack or the 2023 Binance.US SEC case.

Kaiko’s data shows that hourly trading volume on Bybit briefly spiked to $1.2 billion immediately following the incident. Although volumes dipped in line with weekend trends, they have since normalized and begun climbing steadily—highlighting strong user retention and a growing sense of trust in Bybit’s market resilience.

Transparency as a Differentiator

One of the standout takeaways from the Kaiko report is Bybit’s transparency throughout the recovery process. While other platforms in similar situations have suffered prolonged liquidity deterioration, Bybit’s open communication and proactive market structure improvements helped it regain trust and stabilize conditions faster than the industry norm.

As the crypto market matures, exchanges are increasingly measured not only by performance during booms, but by how they respond to adversity. Bybit’s rapid liquidity rebound and commitment to user-centric innovation set a new benchmark for operational resilience in the industry.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: [email protected] 

For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | YouTube

Contact

Head of PRTony AuBybit[email protected]

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website [http://defi-daily.com] and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: BouncesBybitfasthackKaikoLiquidityPost1.5BRecoveryrewritetitleValidates
ShareTweetShare
Previous Post

rewrite this title Top Samsung software hit by attackers to spread malware and hijack devices

Next Post

rewrite this title $SUBBD เหรียญ AI น่าลงทุนมียอดระดมทุนทะลุ $340,000

Next Post
rewrite this title $SUBBD เหรียญ AI น่าลงทุนมียอดระดมทุนทะลุ 0,000

rewrite this title $SUBBD เหรียญ AI น่าลงทุนมียอดระดมทุนทะลุ $340,000

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title Haliey Welch Breaks Silence on Hawk Tuah Coin Collapse

rewrite this title Haliey Welch Breaks Silence on Hawk Tuah Coin Collapse

May 6, 2025
Protecting Yourself from Scams by Third-Party Sellers – NerdWallet

Protecting Yourself from Scams by Third-Party Sellers – NerdWallet

July 16, 2024
Tech companies are interested in nuclear power, but some utilities are blocking their progress.

Tech companies are interested in nuclear power, but some utilities are blocking their progress.

August 10, 2024
Why iPhones May Get More Expensive Amid Trump Tariffs

Why iPhones May Get More Expensive Amid Trump Tariffs

April 11, 2025
rewrite this title How Dublin’s Easter Rising Echoes Through Modern Ireland | Celebrity Insider

rewrite this title How Dublin’s Easter Rising Echoes Through Modern Ireland | Celebrity Insider

April 26, 2025
Top 5 Superior Ethereum Faucets to Earn Free ETH in 2024

Top 5 Superior Ethereum Faucets to Earn Free ETH in 2024

July 16, 2024
rewrite this title Cronos Defies Crypto Market Downtick on Friday As Asset Manager Canary Capital Files for CRO ETF – The Daily Hodl

rewrite this title Cronos Defies Crypto Market Downtick on Friday As Asset Manager Canary Capital Files for CRO ETF – The Daily Hodl

May 31, 2025
rewrite this title and make it good for SEOElon Musk’s court fights to outlast his time at White House

rewrite this title and make it good for SEOElon Musk’s court fights to outlast his time at White House

May 31, 2025
rewrite this title Are Stablecoins Bank Deposits?

rewrite this title Are Stablecoins Bank Deposits?

May 31, 2025
rewrite this title What is the biggest win in a Champions League final as PSG thrash Inter?

rewrite this title What is the biggest win in a Champions League final as PSG thrash Inter?

May 31, 2025
rewrite this title NAACP calls on Memphis officials to halt operations at xAI’s ‘dirty data center’ | TechCrunch

rewrite this title NAACP calls on Memphis officials to halt operations at xAI’s ‘dirty data center’ | TechCrunch

May 31, 2025
rewrite this title Taylor Swift & Jack Antonoff Celebrate Masters Purchase By Recreating Viral Reputation Era Moment! WATCH! – Perez Hilton

rewrite this title Taylor Swift & Jack Antonoff Celebrate Masters Purchase By Recreating Viral Reputation Era Moment! WATCH! – Perez Hilton

May 31, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.