Dubai, United Arab Emirates, February 27, 2025, Chainwire
PipeThe second largest exchange of cryptocurrency in the world announced through trading, a significant progress in restoring assets and rebuilding confidence in the wake of a recent security incident. This indicates its adherence to transparency and flexibility, by the premie the recovery measures quickly and enhancing safety protocols to protect the global user community.
Mainly recovery features
- AUM RecoveryBybit has successfully recovered 77 % of its assets under management (AUM) to the pre -accident levels, confirming the strong recovery strategy and sustainable customer confidence.
- Advocated immediate liquidityThe platform now provides superior liquidity through the best 180 trading pairs, transcending industry standards and reflecting significant improvements from the previous circumstances.
- Market contracts flexibility: Trading recovery exceeded trading, as the two index reached approximately 86 % of regular levels and the highest 70 exceeding 87 % of competitors.
- Continuous trading volumeBybit trading activity is still strong, as it exceeds $ 40 billion in the past two days, and it is a testimony of the flexibility and confidence of the global user base.
Proof of reinforced reserves
In compliance with her commitment to transparency, BYBIT conducted an additional addition Evidence of reserve auditComplete regular monthly investigations. The results confirm full guarantees for all client’s assets:
- BTC: 102 %
- Eth: 102 %
- Sol: 103 %
- Usdt: 104 %
- USDE: 116 %
- USDC: 229 %
These numbers confirm the financial stability of bybit and their commitment to ensure that the client’s assets remain fully supported at all times.
“We have taken fast and decisive measures to enhance our security measures and protect our users. Our top priority is to maintain the highest standards of transparency, flexibility and confidence.” Ben Chu, co -founder and CEO of Beit. “We strongly appreciate fixed support from our customers and partners, which had an effective role in our rapid recovery.”
#Bybit / #thecryptoark
About bybit
Pipe It is the second largest exchange of encrypted currencies in the world through trading size, as it serves a global community of more than 60 million users. Founded in 2018, bybit redefines openness in the decentralized world by creating a simpler and equal environmental system for all. With a strong focus on Web3, Bybit is strategically inconsistent with the leading Blockchain protocols to provide a strong infrastructure and drive innovation on the chain. She is famous for her safe custody, various markets, anchor user experience, advanced Blockchain tools, embodies the gap between Trafi and Defi, empowering builders, creators, and lovers to cancel the full capabilities of Web3. Discover the future of decentralized financing in Bybit.com.
For more details about Bybit, please visit Bybit Press
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Head of public relations
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Pipe
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