Bybit Trading Volume Rebounds to $1.5 Trillion
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: 4d ago- Volume Recovery: Bybit's trading volume reached $1.5 trillion in 2025, capturing an 8.1% market share, demonstrating resilience and recovery despite suffering a $1.5 billion hack, indicating its strong position in the crypto market.
- Impact of Hack: The hack, the largest in crypto history, involved North Korean attackers exploiting vulnerabilities to steal $1.5 billion in Ether; however, Bybit maintained user trust by keeping withdrawals open and honoring all transactions.
- Market Competition: In 2025, six of the top exchanges saw an average trading volume increase of 7.6%, with MEXC leading at a 91% surge to $1.5 trillion, highlighting intensified competition and user preference for zero-fee trading.
- Market Leadership: While Binance led with $7.3 trillion in trading volume, a 0.5% decline from 2024 reflects bearish market sentiment, contrasting with Bybit's recovery, showcasing its potential to regain market share in a competitive landscape.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
