Bybit Enhances Transparency with Real-Time Liquidation Data via Upgraded API

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has introduced an industry-first initiative by making all liquidation data fully accessible to the public via its enhanced API. This move underscores Bybit's commitment to transparency, offering institutional investors, analysts, and traders real-time, granular insights into market dynamics. The upgraded API now features a new WebSocket topic, "All Liquidations," which delivers real-time liquidation data every 500 milliseconds, ensuring no event is missed. This enhancement addresses the crypto community's calls for greater openness and sets a new standard for transparency in the digital asset space.

Ben Zhou, Bybit's CEO, emphasized that transparency is the core spirit of the crypto industry, and by making all liquidation data public, Bybit is taking a proactive approach to meet the community's demands for openness. The initiative ensures that every liquidation event is captured and disclosed without delay, providing traders and analysts with complete and transparent market data.

The benefits of this initiative include enhanced market clarity, as full visibility into liquidation events reveals true market depth, enabling precise analysis of trends and participant behavior. Real-time data empowers investors to identify support and resistance levels, anticipate market volatility, and refine risk management frameworks. Additionally, access to granular, unfiltered data supports advanced trading strategies, back-testing, and predictive modeling—essential for institutions aiming to maximize alpha in crypto markets.

Bybit's move is reshaping industry standards, prompting integrations with platforms like CoinGlass to visualize and analyze market events with greater accuracy. This collaboration highlights the significance of Bybit's transparency initiative, which is already boosting confidence among institutional investors. By providing a reliable data foundation, Bybit strengthens its position as a trusted partner for hedge funds, asset managers, and trading firms navigating the crypto space.

As institutional adoption of cryptocurrencies accelerates, Bybit's commitment to radical transparency signals a maturing market ready for sophisticated capital. By offering a robust infrastructure and open ecosystem, Bybit bridges the gap between traditional finance and decentralized finance, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. For more details about Bybit, visit Bybit Press or contact media@bybit.com. Follow Bybit's communities and social media for updates.

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