Bybit’s daily trading volume has risen to 100 billion.
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Bybit breaks $100 billion daily trading volume record. Strong trading activity in perpetuities, futures, spot and options contributed to the record.
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Bybit, one of the world's largest crypto exchanges, hit a milestone earlier this week with a daily trading volume of more than $100 billion, according to the company's Wednesday press release.
The new achievement represents a four-fold increase compared to the platform's daily average of 25 billion.
The platform's trading system is also highly efficient, with a trading capacity of 800,000 TPS, up from 500,000 before, according to Bybit.
The increase in trading volume was driven by strong activity across a range of products, including durables, futures, spot and options, the company said. According to Bybit, its strong platform infrastructure has contributed significantly to this growth and demonstrates its commitment to providing customers with an excellent trading experience.
Supporting over 20 languages, Baybit serves a global user base of over 39 million registered users. This growth highlights the platform's global appeal.
Joan Han, Director of Sales and Marketing at Baybit, said: “This record-breaking transaction is a testament to our commitment to providing a world-class trading platform that meets the evolving needs of our users and society. “We are committed to maintaining our position as a leading cryptocurrency exchange by continuously improving our offerings and prioritizing user satisfaction.”
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