Bybit’s Liquidity Innovation Drives Rapid Recovery After Major Hack

Following a significant hacking incident in Q1 2025, Bybit’s rapid recovery underscores the importance of liquidity management and innovative trading tools. The exchange leverages Retail Price Improvement (RPI) orders to bolster order book depth, leading to near-immediate restoration of market stability and share growth. A detailed postmortem analysis by Block Scholes highlights how RPI orders, introduced just days before the incident, played a critical role in stabilizing liquidity conditions and driving Bybit’s resurgence.