Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Finance > Bybit Sets Industry Benchmark with Full Disclosure of Liquidation Data

Bybit Sets Industry Benchmark with Full Disclosure of Liquidation Data

Published by Wanda Rich

Posted on February 21, 2025

3 min read

Last updated: February 21, 2025

Bybit Sets Industry Benchmark with Full Disclosure of Liquidation Data - Finance news and analysis from Global Banking & Finance Review

Dubai, United Arab Emirates, February 21st, 2025, Chainwire

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched an industry-first initiative by making all liquidation data fully accessible to the public via its enhanced API. This bold step positions Bybit as a leader in transparency, offering institutional investors, analysts, and traders real-time, granular insights into market dynamics—a critical edge in the fast-evolving crypto landscape.

In response to calls from the crypto community for greater transparency, Bybit has enhanced its API with a new WebSocket topic, "All Liquidations." Unlike the previous iteration, which was restricted to one message per symbol per second, the upgraded stream now delivers real-time liquidation data every 500 milliseconds. This ensures that every liquidation event is captured and disclosed without delay, setting a new standard for openness and reliability in the digital asset market.

“The real spirit of crypto is transparency,” said Ben Zhou, co-founder and CEO of Bybit. “By making all liquidation data fully public, we are taking a proactive approach in response to the crypto community’s demand for openness. This initiative ensures that traders and analysts can access complete and real-time market data, empowering them with the insights they need.”

Unmasking Market Realities

Ben recently emphasized the importance of accurate liquidation data, noting that previously reported figures across the industry did not fully capture the true scale of market activity due to API limitations. Bybit’s latest update addresses these gaps by ensuring that all liquidation events are now fully disclosed in real-time, providing traders with a more complete and transparent view of market conditions.

This initiative delivers measurable benefits for the crypto investment community:

Market Clarity: Full visibility into liquidation events reveals true market depth, enhancing trust and enabling precise analysis of trends and participant behavior.
Risk Mitigation: Real-time data empowers investors to pinpoint support and resistance levels, anticipate volatility spikes, and refine risk management frameworks.
Strategic Edge: Access to granular, unfiltered data fuels advanced trading strategies, back-testing, and predictive modeling—key for institutions maximizing alpha in crypto markets.

The move is already reshaping the industry. Bybit’s transparency initiative is already making waves across the industry, prompting CoinGlass, a leading cryptocurrency analytics platform, to integrate Bybit’s newly available liquidation data into its interface, allowing users to visualize and analyze market events with unparalleled accuracy.

A Catalyst for Institutional Confidence

As institutional adoption of cryptocurrencies accelerates, Bybit’s commitment to radical transparency signals a maturing market primed for sophisticated capital. By providing a reliable data foundation, Bybit strengthens its appeal to hedge funds, asset managers, and trading firms seeking a trusted partner in the crypto space.

#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: media@bybit.com

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

Contact

Head of PR

Tony Au

Bybit

tony.au@bybit.com