Bybit posted a gradual recovery in 2025 after losing $1.5 billion in a February hack, with its market share climbing to 8.1% and total trading volume reaching $1.5 trillion, according to a CoinGecko report. The exchange ranked second globally by trading volume for the year, marking a notable rebound after the largest hack in crypto history.
The recovery followed an aggressive response strategy that included keeping withdrawals open, honoring all user transactions, and securing external liquidity. CoinGecko noted that most hacked platforms fail to regain user trust, making Bybit’s performance an outlier in a sector where operational resilience remains uneven.
The broader exchange market also expanded in 2025, with the top 10 platforms recording average volume growth of 7.6%. While Binance retained its leading position, several rivals gained ground, underscoring shifting competitive dynamics as trading activity recovered despite periodic market stress.
Disclaimer: CoinScreamer is an independent media brand owned and operated by NuvexMedia LLC, publishing news, research, and market insights on digital assets and related technologies. NuvexMedia LLC invests in and collaborates with companies across the digital asset, blockchain, and technology sectors. These relationships do not influence CoinScreamer’s editorial coverage, and the publication maintains full editorial independence to provide accurate, timely, and objective information. © 2025 NuvexMedia LLC. All rights reserved. This content is for informational purposes only and should not be considered legal, tax, investment, financial, or other professional advice.
