Bybit, the world's second-largest cryptocurrency exchange by trading volume, has made a stunning comeback, with $3.61 billion in inflows to the platform in March, reclaiming the number two spot by trading volume. The inflows are a testament to the effectiveness of Bybit's rapid recovery strategies and its continued commitment to security and transparency.
#1 in capital inflow for 1 month
According to DeFiLama, Bybit has led the centralized exchanges in capital inflows over the past month, with $3.61 billion in March and a total value locked (TVL) of $14.9 billion as of March 31, 2025. The significant inflows over 31 days (7 days: $612.62 million, 1 month: $3.61 billion) underscores the trust users have in the platform. Bybit has withstood one of the biggest tests in crypto history, setting new benchmarks in rapid recovery strategies: recalibrating security, operational and financial resilience, and building trust.
Bybit Reclaims Second Place in Trading Volume
The introduction of the Retail Price Improvement (RPI) mechanism has significantly increased Bybit’s spot trading volumes since the hack, confirming its dominance in retail liquidity. RPI orders, designed specifically for retail clients, have provided unprecedented liquidity in key trading pairs such as BTC/USDT and ETH/USDT. From February 27 to March 3, Bybit achieved three times the liquidity of the market leader across 12 leading trading pairs.
Throughout this period, Bybit maintained full platform functionality, smooth withdrawals, new tokens, and robust rewards programs. These strategic efforts not only strengthened user trust, but also contributed to Bybit’s renaissance, strengthening its position as a leading exchange for traders worldwide.
New data from CoinGecko (April 1, 2025) confirms that Bybit has regained its status as the second cryptocurrency exchange in the world by trading volume.
Business as usual: new tokens, innovations and rewards
Bybit’s ability to recover is due to several factors, including favorable market conditions and a more constructive regulatory environment under the new US administration. More importantly, Bybit remains focused on providing a best-in-class user experience: the exchange offers consistent rewards, innovative product features, and seamless service.
Bybit has introduced several new token listings, including WAL, PARTI, CORN, and NEAR, and has also hosted exciting airdrop campaigns. In particular, the Web3 idol competition, AI-DOL Superstar, has demonstrated the platform’s ability to drive engagement and innovation in the decentralized finance space.
The range of new initiatives and promotions demonstrated Bybit's ability to withstand major crises and achieve post-crisis growth, which was reflected in positive capital inflows in March.
“We don’t let setbacks change our values. Bybit remains committed to our users and the entire crypto community, and is constantly working towards innovation and stability. Our ability to maintain operations and introduce new initiatives even during challenging times demonstrates our resilience, our commitment to long-term growth, and the strong support we receive from the industry,” said Joan Han, Chief Sales and Marketing Officer at Bybit.
Bybit is also committed to long-term programs to build trust, transparency, and accountability. Users and stakeholders can follow the regular Proof of Reserve updates and Bybit’s initiative to combat illicit funds in the crypto ecosystem called LazarusBounty. The platform is an ongoing project where individuals and groups in the crypto space can contribute to the fight against bad actors and receive rewards and recognition for doing so. Bybit has paid out over $2.2 million in bounties for providing reliable information.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, with a global community of over 60 million users. Founded in 2018, Bybit has been redefining openness in the decentralized world and creating a simpler, more open, and more equal ecosystem for everyone. Bybit maintains strategic partnerships with leading Web3 protocols to provide robust infrastructure and drive on-chain innovation. Known for its secure custody services, diverse marketplaces, intuitive user interface, and cutting-edge blockchain tools, Bybit bridges the gap between TradFi and DeFi, and helps developers, creators, and enthusiasts unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.