Bybit Statistics 2025: Unveiling Market Secrets

The cryptocurrency exchange Bybit has emerged as a major player in global digital-asset markets, combining high trading volume with aggressive product expansion. That growth is visible in its registered users, regulatory moves, and technological roll-out. For example, Bybit’s rise has enabled institutions and retail traders alike to access derivatives, spot trading, and tokenised assets under one roof; meanwhile, its global licensing push is reshaping how exchanges operate across jurisdictions. This article explores the latest Bybit statistics, offering a comprehensive view of the platform’s performance, reach, and impact.

Editor’s Choice

• As of May 9, 2025, Bybit had 70 million+ registered users, reaffirming its status as the world’s second-largest crypto exchange by trading volume.
• Bybit reported 0 client fund loss despite a major vendor hack, thanks to its 1:1 reserve guarantee.
• The platform secured a MiCAR licence in Austria, enabling regulatory access to 29 EEA countries.
• In July 2025, Bybit’s website recorded 22.95 million visits, up 13.8% from June.
• Web traffic shows a demographic skew, 67.6% male, dominant age bracket of 25-34 years.
• Bybit’s daily trading volume spiked to around $35.5 billion on April 9, 2025, triggered by macro-policy news.

Recent Developments

• In February 2025, Bybit was hit by a vendor-wallet hack credited to the Lazarus Group, with losses estimated at $1.4 – 1.5 billion.
• Bybit announced it had fully reimbursed client assets, thanks to the 1:1 reserve model.
• The exchange introduced 78 TradFi instruments and 10+ tokenised stocks in H1 2025.
• Bybit secured the European MiCAR licence in June 2025, paving the way for operations across 29 EEA countries.
• The company announced 50+ security upgrades and 9 security audits following the February hack.

Trading Volume and Market Share

• Bybit’s market share dropped 0.9 points in H1 2025, landing at 7.6 %.
• Bybit’s trading volume fell 18.1 % QoQ in Q2 2025 amid broader market declines.
• Top CEXs in July 2025: Binance 39.8 %, MEXC 8.6 %, Gate 7.8 %, Bybit 7.2 %.

User Growth and Demographics

• Bybit’s user base grew from approximately 60 million in 2024 to 70 million+ by May 2025.
• The male share of users is about 67.6%, with the largest age segment being 25-34 years.
• Traffic origins show users from Russia (23.9%), Germany (6%), Ukraine (5.6%), South Korea (4.3%), and the U.S. (3.7%).
• Employee growth, Bybit’s workforce almost doubled (~99% growth) in the past year, reaching ~2,400-2,500 staff globally by mid-2025.
• The majority user segment, 25-34 age range, reflects typical crypto-native demographics, indicating high engagement potential.
• Bybit reports registration availability in 160 countries as of 2025, supporting the global user growth narrative.
• Institutional growth is cited as a key driver of new user onboarding, especially after compliance expansions.
• Bybit card program (2 M+ users) also drives user growth via real-world utility beyond trading.

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Geographic Distribution of Users

• Russia accounts for approximately 22.6% of Bybit’s web traffic in October 2025.
• Ukraine represents about 5.85%, Germany ~4.96%, and South Korea ~4.90% of traffic in the same period.
• U.S. traffic share is around 3.7% of visits, showing presence, though smaller than in other regions.
• Bybit operates in 160 countries globally but is restricted in ~15 jurisdictions, including the USA and the UK.
• Europe, over 25 countries in the EEA covered via MiCAR-compliance, Bybit held ~7.2% European market share in Q1 2025.
• Asia-Pacific, South Korea traffic ~4.3% according to July 2025 data.
• Americas, South America adoption growing, e.g., Brazil traffic ~2.91% according to the country guide 2025.

Bybit Perpetual Trading Volume Trends

• Daily volumes ranged $4 billion–$13 billion through late March 2025.
• March 22 spike to $13 billion was driven by BTC and ETH activity.
• March 24–25 lows saw volumes drop to around $4–5 billion.
• April 6 volumes rebounded to nearly $20 billion.
• April 9 hit a peak of $35.5 billion after Trump’s tariff pause announcement.
• Mid-April volumes stabilized between $10 billion–$18 billion daily.
• Macro events triggered surges, especially in perpetual contract trading.

Website Traffic and Engagement

• In October 2025, Bybit’s website registered around 20.71 million visits, up nearly 9.7% from the previous month.
• For the same period, users spent an average of 00:13:10 minutes per session, indicating a high level of engagement.
• The average pages per visit reached 11.47, reflecting substantial site navigation.
• The bounce rate in October stood at about 39.81%, showing moderate retention of visitors.
• On desktop traffic, Direct sources accounted for ~87.19% of visits, while Google.com referrals comprised ~4.89%.
• Gender breakdown for visitors, 67.83% male, 32.17% female, with the most frequent age group of 25-34 years.
• Top traffic-origin countries in October include Russia ~22.57%, Ukraine ~5.85%, Germany ~4.96%, and South Korea ~4.90%.
• Organic search contributed ~11.48% of total traffic in the recent period.
• Although monthly visits stood at ~20.7 million, six-month trends show fluctuations: August 2025 ~22.27 million, September ~18.88 million, October ~20.71 million.

Most Traded Cryptocurrencies

• Bybit’s spot exchange listed 497 coins and 665 trading pairs, as of the most recent snapshot.
• The derivatives arm shows 859 trading pairs on Bybit (Futures) with a 24-hour volume of approximately $29.79 billion, and open interest of around $15.42 billion.
• On the spot side, one data table lists Bybit at ~$4.96 billion 24-h volume among spot exchanges for the period cited.
• The most active trading pair on Bybit Futures was BTC/USDT, with a 24-hour volume of about $10.30 billion.
• While detailed ranking by coin is limited, Bybit’s report and third-party data indicate that Bitcoin (BTC) and Ethereum (ETH) consistently lead trading volume on the platform.
• In a derivatives-market share dataset, Bybit held approximately 21% of the global crypto derivatives market in 2025.

ETH-USDT Tick Trade Activity on Bybit (Intraday Volatility)

• Around 14:15, trades over $0.2 million appeared after flagged illicit transfers.
• At 14:25, trades dropped near -$0.4 million as ZachXBT confirmed the hack.
• Post-15:45, trades swung between -$0.3 million and +$0.3 million after Bybit’s announcement.
• Most trades hovered near $0.0 million, indicating consistent retail activity amid whale moves.
• Security breaches and news spikes drove abrupt shifts in ETH-USDT liquidity and order flow.

Derivatives Trading Statistics

• Bybit’s derivative platform maintained a 24-hour trading volume of about $30.37 billion in its reported snapshot.
• Open interest (total value of outstanding derivative contracts) was around $15.42 billion for Bybit Futures.
• A market-share estimate shows Bybit at ~21% of the global crypto derivatives market in 2025, placing it alongside the leading venues.
• The February 2025 hack (by the Lazarus Group) resulted in a temporary drop in derivatives open interest from ~25% to ~18% market share. Bybit recovered to ~21% by mid-year.
• During the hack event, Bybit’s average daily perpetual volume remained resilient, ~$10 billion for BTC, ~$8.5 billion for ETH, and ~$1.7 billion for SOL.
• Analysts note the derivatives market recovery was “cautiously gaining stability” post-market events in 2025.
• The depth and breadth of Bybit’s derivatives business position it as a multi-product venue, not just spot trading.

Leverage and Margin Trading Stats

• Bybit offers up to 100× leverage on selected derivatives contracts.
• Spot margin trading supports borrowing against assets under cross-margin and portfolio margin modes.
• Major crypto pairs on Bybit may allow leverage up to 100×, while altcoins typically offer lower leverage caps.
• VIP tier users enjoy maker fees as low as 0.0300% and taker fees down to 0.0450% on spot trading.
• The Manual Borrowing feature, launched in October 2025, allows proactive borrowing of assets ahead of volatility.
• Bybit supports multiple collateral assets per borrowable pair, enabling diversified leverage strategies with stablecoin collateral models.
• Margin trading includes Cross Margin and Portfolio Margin modes, not isolated margin.
• Bybit’s Supreme VIP users pay zero maker fee on derivatives and 0.02–0.03% taker fees.
• 81% of derivatives positions on Bybit close within 24 hours, reflecting short-term speculation dynamics.

Bybit Private Wealth Management AUM Split

• USDT Strategy leads with 69%, reflecting strong demand for stable returns.
• BTC Strategy holds 26%, showing investor trust in Bitcoin’s long-term growth.
• Option-Linked Strategy at 5%, suggesting selective use of derivatives for yield.
• Clients favor stability via stablecoins, while keeping diversified exposure to BTC and options.

Market Depth and Liquidity Metrics

• Bybit’s BTC market depth recovered to approximately $13 million per day within 30 days after the February 2025 hack.
• Bybit held average daily futures volumes of around $30 billion during turbulent market conditions in 2025.
• About 81% of derivatives positions on Bybit close within 24 hours, showing high liquidity turnover.
• Bybit’s transparency report confirmed reserves exceeding 100% collateralization post-hack.
• Daily spot trading volumes on Bybit peaked at over $1.1 billion in March 2025.
• Bybit’s derivatives daily volume share was approximately $6 billion, trailing Binance’s $15.5 billion.
• Bybit’s liquidity recovery post-hack ranks it ahead of several competitors who suffered drops beyond 30% in market depth.

Order Types and Limits

• Bybit supports Market, Limit, Conditional, Scaled, and Chase Limit orders.
• Scaled Orders divide large orders into 2 to 50 sub-orders with Flat, Increasing, Decreasing, or Custom distributions.
• The minimum total quantity for BTCUSDT Scaled Orders is 0.01 BTC, maximum of 1,000 BTC.
• Chase Limit Orders have a minimum chase distance of 0.01% and a maximum of 10%.
• Users can have up to 5 open Chase Limit Orders per user ID (UID).
• Spot trading maximum order quantities can be up to 5 times the standard size, depending on the asset and order type.
• The maximum order size for BTCUSDT market orders is 100 BTC, and for limit orders, it is 155 BTC.

Bybit Copy Trading Statistics

• Bybit’s Copy Trading module has over 32 million successful trades recorded by mid‑2025.
• The platform boasts more than 800,000 followers actively copying master traders.
• Followers in Copy Trading have realized a total profit & loss (P&L) exceeding $530 million as of 2025.
• The top master traders have a win rate of 95.24% and an average ROI of +0.94% over 7 days.
• The combined trading volume of followers’ copied trades exceeded $10 billion in 2025.
• The number of followers engaging with Copy Trading increased by ~30% in late 2025.
• The platform supports copying up to 10 master traders simultaneously in Classic mode.

Proof of Reserves and Asset Holdings

• Bybit’s 2025 Proof of Reserves audit confirms assets held in a 1:1 ratio or greater than user liabilities.
• USDT reserves stand at 110%, with $5.8 billion in user assets and a wallet balance of $6.38 billion.
• USDC reserves are 153%, holding $599 million versus $920 million in wallet balance.
• BTC reserves are 103%, with 61,976 BTC in assets versus 63,980 BTC held.
• ETH holdings are 101%, with 532,000 ETH in user assets compared to 542,000 ETH in reserve.
• Independent research indicates stablecoin holdings constitute approximately 51.28% of total assets, signifying high stablecoin reserves.

Bybit Fees and Transaction Costs

• Bybit’s base spot trading fees for non-VIP users are 0.10% maker and 0.10% taker.
• Non-VIP derivatives fees are typically 0.01% maker and 0.06% taker.
• VIP 5 spot taker fees drop to 0.0500% and maker fees to 0.0400%.
• Fiat-to-crypto pairs charge VIP 0 taker fees of 0.2000% and maker fees of 0.1500%.
• BTC withdrawal fee is approximately 0.0005 BTC with a minimum withdrawal of 0.001 BTC.
• VIP tier fees are recalculated daily based on a 30-day trading volume or asset balance.
• At a futures trade volume of $100k, Bybit fees are around $37.50, compared to Bitget’s $32.

Bybit Security and Incident Statistics

• Bybit was hacked on February 21, 2025, with $1.4 to $1.5 billion in crypto stolen (~400,000 ETH).
• The hack is the largest crypto exchange theft recorded to date.
• Over $2.17 billion had been stolen from crypto platforms in 2025 YTD, with Bybit’s hack constituting a major portion.
• Bybit confirmed full solvency post-hack, maintaining a 1:1 backing of all supported user assets.

Frequently Asked Questions (FAQs)

Conclusion

Bybit stands as a robust global crypto-exchange platform characterised by advanced order-type functionality, a nascent but growing copy-trading ecosystem, solid proof-of-reserves transparency, competitive fee structures, and a renewed focus on security resilience following a major incident. These statistics indicate Bybit’s maturation in both retail and institutional markets, while also signalling the challenges of operating in a high-risk environment. For traders, investors, and service-providers, the key takeaway is that platform capability, operational transparency, and risk-management protocols increasingly determine exchange differentiation.