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Well Done: Bybit Restored Its Liquidity Within 30 Days After the Hack
By: bitcoinsensus|2025/05/08 04:00:09
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Bybit restored its liquidity within 30 days after the hack, showing incomparably better results than the aftermath of the SEC lawsuit against Binance.US in 2023, which has still not recovered after losing 80% of its liquidity. Specifically, by the end of March 2025, the 1% market depth for BTC on Bybit had fully recovered to $13 million per day, while the average price slippage for BTC-USDT on Bybit for simulated $50K and $100K sell orders decreased by 60%, reaching 0.003% and 0.006%, respectively — below early March levels and lower than on HTX and KuCoin.
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