Bybit Liquidity Returns to Pre-Hack Levels After 30 Days

The Bybit cryptocurrency exchange has achieved full liquidity recovery, reaching pre-hack levels just 30 days after a February 2025 attack that resulted in the theft of nearly $1.5 billion. According to Kaiko, Bitcoin’s market depth – a metric reflecting liquidity – returned to around $13 million per day in March 2025. Altcoin liquidity levels on Bybit are recovering more slowly, reaching about 80% of pre-hack levels. This lag is attributed to the broader market climate of risk aversion, as altcoins have been impacted more significantly.