Cryptocurrency exchange Bybit has released its report for the first six months of 2025, highlighting its technological leadership and ability to effectively cope with crisis situations.
At the beginning of the year, Bybit faced a massive $1.4 billion cyberattack by Lazarus Group. Despite this, the exchange was able to protect users and demonstrate the maturity of its operational processes. Rapid response and the implementation of AI-based solutions have strengthened the platform’s reputation as a reliable player in the Web3 world.
Bybit’s key achievements in the first half of the year:
• More than 70 million registered users as of May 9, confirming its status as the second-largest exchange in the world by trading volume.
• Safety of customer funds: 1:1 reserve ensured full asset recovery after the Lazarus attack.
• $73.36 million frozen and $29.7 million recovered via LazarusBounty, tracking over $141 million in illicit flows.
• Bitcoin market depth recovered to $13 million per day, an industry leader.
• Over 5 million users of TradeGPT, an AI assistant for faster and more accurate trading decisions.
• Launch of 78 TradFi instruments and over 10 tokenized stocks, including AAPL, TSLA, and SPY.
• Over 2 million users of Bybit card supporting Mastercard, Apple Pay, and Google Pay worldwide.
• Over $2 million in charities, including disaster relief and scholarships for students in Africa and Korea.
• Over 50 security updates after nine audits in a month, setting new standards of trust.
• MiCAR license in Austria, allowing it to provide services to over 450 million Europeans across 29 EEA countries.
Bybit co-founder and CEO Ben Zhou emphasized the importance of trust: “We have proven our financial strength, security, and full transparency. The MiCAR license and expanded regulation reflect our commitment to being the most trusted player in the Web3 world.”
The company noted that the report reveals development strategy and operational insights that demonstrate how leading crypto institutions are coping with market volatility and shaping the future of the industry. From AI trading to tokenization of real assets, Bybit is actively shaping the direction of the crypto sector.
According to the exchange, the second half of 2025 will be key: cryptocurrencies will take a more significant role in everyday life and traditional finance. “Bybit takes responsibility for the mass adoption of cryptocurrencies and the creation of new security standards,” the company added.