Bybit’s RPI Orders Drive Rapid Recovery After Major Hack

Following a major security incident that affected the cryptocurrency market, Bybit emerged as a leader in restoring liquidity and regaining trading volume. A comprehensive analysis by Block Scholes reveals that the exchange’s implementation of Retail Price Improvement (RPI) orders played a crucial role in this swift recovery. Despite challenging market conditions, Bybit witnessed only temporary disruptions in its order book depth and quickly rebounded. The report details how RPI orders contributed to stabilizing liquidity conditions and ultimately helped Bybit re-establish its position as a leading cryptocurrency exchange.