Bybit Revolutionizes Crypto Transparency with Real-Time Liquidation Data

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has set a new industry benchmark by fully disclosing its liquidation data to the public via an enhanced API. This move, which positions Bybit as a leader in transparency, offers institutional investors, analysts, and traders real-time, granular insights into market dynamics, providing 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.

Ben Zhou, co-founder and CEO of Bybit, 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 has prompted 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.

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