Bybit Regains Ground In 2025 After Historic Hack, CoinGecko Finds

bitcoinist2026-01-30 tarihinde yayınlandı2026-01-30 tarihinde güncellendi

Özet

Bybit made a significant recovery in 2025, handling $1.5 trillion in trades and capturing 8% market share despite a historic $1.5 billion hack in February. The exchange's decision to keep withdrawals open and cover user losses helped rebuild trust and maintain liquidity. CEO Ben Zhou's public reassurances and transparent communication were key to its comeback. Overall, trading volumes rose across major exchanges, with MEXC seeing 90% growth due to zero-fee promotions. Binance remained the largest exchange with $7.3 trillion in volume, despite a slight 0.5% decline.

Bybit’s return to heavy trading was one of the stranger comeback stories of last year. Reports say the exchange moved back toward the top of the leaderboard after a massive security breach, and traders kept coming. That did not happen by accident. Quick decisions and public reassurances played a big role.

Bybit Bounces Back

According to CoinGecko, Bybit handled $1.5 trillion in trades during 2025 and ended the year with about 8% of total market share.

That is a solid showing given what happened in February, when attackers made off with $1.5 billion worth of Ether after finding a hole in the exchange’s cold wallet setup.

The theft has been linked to North Korean actors by several sources, and it stands as one of the largest losses in crypto history.

Many firms that face breaches do not recover. Reports note nearly eight out of 10 projects hit by hacks never fully bounce back.

Bybit’s choice to keep withdrawals open and to honor user balances changed the math. That move reduced panic and kept liquidity flowing.

Market Movers And Volume Gains

Trading volumes rose across multiple venues in 2025. CoinGecko’s research points out that six of the top 10 exchanges grew their yearly volume, and the total extra trades equaled about $1.3 trillion.

MEXC jumped sharply, reportedly rising 90% over the prior year, a gain blamed largely on aggressive zero-fee spot trading that pulled in high-frequency traders and new retail users.

Bullish price action for Bitcoin and several altcoins also pushed activity up; several coins reached fresh all-time highs during the year, which always sparks more trading and more headlines. For some platforms, promotions and fee policies had more immediate effect than brand reputation.

BTCUSD currently trading at $82,654. Chart: TradingView

How Bybit Handled The Crisis

The exchange’s leadership was visible. Ben Zhou, Bybit’s CEO, addressed customers on camera and promised the platform would cover losses and secure additional liquidity quickly.

Some of those promises were acted on behind the scenes, where external support was arranged to shore up funds.

Trust was not rebuilt overnight. It was rebuilt in small steps, transaction by transaction, and in public statements that reassured users their capital was safe.

The combination of keeping services running and having clear communication changed investor behavior.

Source: Coingecko

Binance And Rival Trends

Binance stayed the largest by a wide margin, with CoinGecko estimating about $7.3 trillion in annual volume. That massive figure hides a small drop from the prior year — a 0.5% decline — which analysts tied to a major liquidation event on October 10 that rattled markets.

Still, Binance’s user base was said to be over 300 million, and its ecosystem handles a vast range of products beyond spot trading.

Featured image from Pexels, chart from TradingView

İlgili Sorular

QWhat was the total trading volume handled by Bybit in 2025, according to CoinGecko?

ABybit handled $1.5 trillion in trades during 2025.

QWhat key action did Bybit take to reduce panic and maintain liquidity after the hack?

ABybit chose to keep withdrawals open and honor user balances, which reduced panic and kept liquidity flowing.

QWhich exchange saw a 90% increase in yearly volume, and what was the primary reason for this growth?

AMEXC jumped 90% over the prior year, a gain largely attributed to its aggressive zero-fee spot trading that attracted high-frequency traders and new retail users.

QHow did Bybit's CEO, Ben Zhou, respond to the security breach crisis?

ABen Zhou addressed customers on camera, promising that the platform would cover losses and secure additional liquidity quickly.

QWhat was Binance's estimated annual trading volume in 2025, and what minor change did it experience from the prior year?

ACoinGecko estimated Binance's annual volume at about $7.3 trillion, which represented a small 0.5% decline from the prior year.

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