Bybit Retakes No. 2 Spot in Trading Volume After March Capital Inflows

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has experienced a remarkable comeback after a challenging period. In March, Bybit recorded $3.61 billion in asset inflows, leading all centralized exchanges in capital inflows according to DeFiLama data. This influx of capital contributed to Bybit reclaiming its position as the world’s second-largest cryptocurrency exchange by trading volume, surpassing key rivals. The company’s swift recovery is attributed to strategic initiatives like its Retail Price Improvement (RPI) mechanism, which boosted spot trading volume post-hack and solidified the platform’s dominance in retail liquidity. This strategy, alongside Bybit’s commitment to security, transparency, and user experience, has enabled the exchange to rebuild trust within the crypto community.