### Overview of Bybit’s Growth in 2025
**Dubai, United Arab Emirates, January 2nd, 2026, Chainwire**

Bybit, the peerless leader as the second-largest cryptocurrency exchange globally by trading volume, reflects on the year 2025; a period marked by both formidable challenges and considerable achievements. The exchange recounts a significant expansion of its user base from 50 million to an impressive 80 million registered users. In light of fluctuating market conditions, they navigated through global regulatory changes and compliance advancements while achieving record trading highs. Additionally, despite a notable hacking incident in February, Bybit demonstrated resilience, evolving into a more robust ecosystem and reinforcing its position for future expansion.

### Achievements in Global Regulatory Compliance
**Global Regulatory Alignment**

In July, Bybit’s operational base in Vienna achieved full compliance with the Markets in Crypto-Assets (MiCA) regulation across the European Economic Area (EEA) through local authorizations in Austria. Moreover, Bybit marked a significant milestone by acquiring the UAE’s inaugural SCA Virtual Asset Platform Operator License in October, allowing comprehensive trading, custody, and fiat services across the nation.

Reinforcing its commitment to compliance, Bybit also successfully re-entered the UK market after a two-year break, now offering spot and peer-to-peer (P2P) crypto trading. This was made possible by its collaboration with FCA-regulated Archax, adhering to stringent financial promotional regulations and providing users access to a repertoire of nearly 100 trading pairs.

### Security Enhancements Following Cyber Incident
**Security: From Setback to Strength**

In February 2025, Bybit encountered a significant cybersecurity hurdle when approximately $1.4 billion worth of Ethereum (ETH) was stolen, a cyberattack attributed to North Korea’s Lazarus Group. This incident served as a critical stress test for the exchange, pushing it to rebound through recovery and growth strategies.

Bybit took immediate action to assure its clients of their safety by maintaining a 1:1 reserve guarantee to secure their funds and restoring reserves within 72 hours with the help of its partners. The exchange promptly processed more than 350,000 withdrawal requests within the first 12 hours post-incident. Such swift measures not only averted a crisis but also mitigated the potential ripple effects throughout the cryptocurrency ecosystem.

As an indicator of recovery, Bybit succeeded in elevating its BTC liquidity to $13 million daily in just 30 days, exceeding industry norms according to Kaiko. A report by Glassnode illustrated that ETH’s trading volume surged to a remarkable $8.5 billion daily within Bybit, even amidst the hack during the summer rally, spotlighting community trust and operational resilience.

Following the breach, Bybit’s security team took it as an impetus to reevaluate and innovate its infrastructure toward enhancing industry safety. The exchange implemented over 50 security upgrades, executed within just one month following nine security audits, setting new standards in trust. Additionally, the introduction of the Lazarus Bounty program invites cybersecurity experts to aid in combatting crypto-related cybercrime, thereby supporting victims and fortifying the crypto industry as a whole.

### Innovative Strategies in Asset Listing Efficacy
**Bybit Spot: Early Access Strategy and Breakout Listings**

In 2025, Bybit Spot refined its asset listing strategies, skilfully identifying and listing high-quality assets ahead of market hype and potential saturation. The platform’s pioneering approach enabled early discovery and exclusive access to emerging opportunities for its community. For instance, in January, the TRUMP token reaped gains of up to 548%, while the community-led DeFi initiative TUNA skyrocketed by an astounding 2,637% on its first day. MET recorded a compelling 255% rise in its inaugural day, showcasing Bybit Spot’s prowess in leveraging early market trends.

The platform also positioned itself in the cutting-edge arena of real-world asset (RWA) tokenization, spearheading the integration of RWA assets such as XAUT, which achieved a remarkable 127% gain, while launching xStocks paved the way for on-chain U.S. equity trading — thus marking Bybit as a front-runner in the tokenized equities movement. Additionally, Bybit Spot dispensed up to $40 million in general rewards through groundbreaking projects like NXPC and NIGHT, translating market momentum into beneficial returns for users.

### Sustained Trading Volume Amidst Innovation
**Trading Volume, Hybrid Trading, and Ecosystem Strategy**

Throughout 2025, Bybit maintained its position as the second-largest exchange globally by monthly trading volume. This momentum persisted even during a typically quieter winter trading season, with Bybit recording a remarkable 24-hour spot trading volume of $9.1 billion on December 22.

Beyond sheer numbers, Bybit intensified its comprehensive strategies and ecosystem development, now supporting both on-chain and off-chain applications within a unified interface. The revamped **Bybit Alpha** equips users with tools to explore on-chain opportunities, discover trending tokens, and venture into liquidity farming seamlessly within the app.

Additionally, **Byreal**, a Solana DEX initiated by Bybit in early October 2025, amassed over $1 billion in cumulative trading volume within just ten weeks, exemplifying its performance by achieving a TVL of $10.88 million and securing top-10 rankings in numerous categories. Launched in May 2025, **Bybit TradFi** emerged as the first major centralized exchange (CEX) to involve gold, forex, global indices, commodities, and over 100 stock CFDs with remarkable leverage options, aligning traditional financial (TradFi) timelines with crypto’s continuous operation.

Bybit has also successfully integrated **xStocks**, allowing for tokenized U.S. equities and ETFs trading via Backed Finance, facilitating 24/7 settlement options on the Solana blockchain for global users. Benefiting from regulatory victories throughout 2025, **Bybit Institutional** experienced a remarkable growth surge, with asset inflows escalating from $1.3 billion in Q3 to $2.88 billion in Q4. The assets under management (AUM) in the wealth management segment expanded fivefold from $40 million to $200 million.

Innovative offerings like **Bybit Earn** continue to evolve, with products such as Mantle Vault that achieved $52 million in AUM within just seven days of its launch, attesting to the product’s efficacy in delivering optimized APR performance.

The strategic partnership with Mantle introduced MNT as a versatile asset providing fee discounts, institutional leverage trading, RWA tokenization, and high-yield staking options on Bybit, while collaborating on industry-grade DeFi liquidity solutions.

With over 2 million **Bybit Card** users and an expanding **Bybit Pay** network, users are empowered to leverage their digital assets in everyday scenarios — whether it be buying a morning coffee or attending global events like Tomorrowland Brasil.

For anyone navigating the complexities of legal frameworks and regulatory compliance in crypto, **AI legalese decoder** can offer critical assistance. This tool simplifies the language of legal documents and provides insights into compliance requirements, enabling traders and institutions to focus on growth rather than getting bogged down in legal jargon.

### WSOT: A Landmark Year for Competitive Trading
**WSOT: A Record-Breaking Year**

Bybit’s flagship trading event, the **World Series of Trading (WSOT)** 2025, featured a staggering $10 million USDT prize pool, achieving record-breaking participation levels. Bybit proudly earned a **Guinness World Record** for the most participants in an online trading competition within just 24 hours, showcasing an impressive engagement with 71,765 unique participants on August 27. The WSOT 2025 tallied a total trading volume of $172.8 billion across 1,474 squads (up 288% year-over-year) and involved 520,451 traders hailing from 202 different countries and regions.

In this year’s WSOT, Bybit pledged 300,000 USDT towards blockchain education through initiatives like the **Bybit Rising Fund**, fostering community empowerment through scholarships, hackathons, and training opportunities.

Through creative resilience and a collaborative growth mindset, Bybit redefined 2025 as a year of quiet strength, culminating in a user base of over 80 million by year-end.

### About Bybit
**About Bybit**

Established in 2018, Bybit emerges as the preeminent cryptocurrency exchange globally by trading volume, serving a vibrant community of over 80 million users. Bybit is revolutionizing openness in the decentralized landscape, crafting a user-friendly, transparent, and equitable ecosystem accessible for everyone involved. With a vigorous emphasis on Web3, Bybit strategically aligns with top blockchain protocols to forge solid infrastructure and spark on-chain innovation. Notable for its secure custodial services, diversified marketplaces, intuitive user experience, and cutting-edge blockchain tools, Bybit bridges the chasm between traditional finance (TradFi) and decentralized finance (DeFi), enabling creators, builders, and enthusiasts alike to unlock Web3’s vast potential. Discover the future of decentralized finance at Bybit.com.

For further insights about Bybit, please refer to [Bybit Press](#).

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### Contact Information
**Contact**

**Head of PR**
**Tony Au**
**Bybit**
**[email protected]**