Bybit’s Unprecedented Recovery: Bouncing Back from a $1.5B Hack in Just 30 Days
In an extraordinary display of resilience, Bybit has fully recovered its liquidity within just 30 days after suffering a devastating $1.5 billion hack in February 2025. According to a recent report by Kaiko, the exchange’s rapid response and transparent crisis management not only preserved user trust but also ensured uninterrupted trading operations. This swift recovery sets a new benchmark in the cryptocurrency industry, showcasing Bybit’s robust security measures and operational efficiency. The incident, which could have crippled lesser platforms, has instead highlighted Bybit’s ability to navigate crises and maintain stability in the volatile crypto market. Kaiko’s analysis underscores the exchange’s exceptional handling of the situation, reinforcing its reputation as a reliable and resilient player in the digital asset space. As of May 2025, Bybit’s liquidity has returned to pre-hack levels, signaling a strong comeback and renewed confidence among its user base.
Bybit Recovers Liquidity Within 30 Days After $1.5B Hack, Kaiko Report Shows
Bybit has demonstrated remarkable resilience following a $1.5 billion hack in February 2025, with liquidity rebounding to pre-incident levels within just 30 days. The exchange’s swift response and transparent handling of the crisis preserved user trust and maintained uninterrupted trading.
Kaiko’s independent analysis highlights Bybit’s recovery as unprecedented in the crypto industry, setting a new benchmark for crisis management. The platform’s trading depth and market confidence quickly stabilized, outpacing competitors that faced similar breaches.
Bybit Exchange Liquidity Returns To Pre-Hack Level: Report
Bitcoin liquidity on Bybit has fully recovered to levels seen prior to the February security breach that rattled the platform. Market research firm Kaiko confirms the exchange’s trading depth, particularly for BTC pairs, has stabilized just weeks after the $1.5 billion exploit.
The February 21 attack saw North Korea’s Lazarus Group steal 400,000 ETH through a sophisticated multi-signature exploit. While the incident initially shook trader confidence, Bybit’s rapid liquidity rebound demonstrates crypto markets’ resilience against even high-profile security events.