{"id":40016,"date":"2025-04-10T16:30:30","date_gmt":"2025-04-10T13:30:30","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=40016"},"modified":"2025-04-10T14:35:09","modified_gmt":"2025-04-10T11:35:09","slug":"bybit-recovers-7-market-share-after-1-4b-hack","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/bybit-recovers-7-market-share-after-1-4b-hack\/","title":{"rendered":"Bybit Recovers 7% Market Share After $1.4B Hack"},"content":{"rendered":"

Bybit\u2019s<\/strong> market share has bounced back to over 7%<\/strong>, returning to pre-hack levels<\/strong>, despite a broader trend of macro \u201cde-risking\u201d among cryptocurrency investors.<\/p>\n

The crypto industry<\/strong> was shaken on February 21<\/strong> by the largest hack in history<\/strong>, as Bybit<\/strong> lost more than $1.4 billion<\/strong> in liquid-staked Ether (stETH)<\/strong>, Mantle Staked ETH (mETH)<\/strong>, and other digital assets.<\/p>\n

According to a report by crypto analytics firm Block Scholes<\/strong> on April 9<\/strong>, Bybit<\/strong> has steadily recovered its share in the market:<\/p>\n

\u201cSince this initial decline, Bybit has steadily regained market share as it works to repair sentiment and as volumes return to the exchange,\u201d<\/em> the report noted.<\/span><\/p>\n

Bybit\u2019s<\/strong> proportional market share climbed from a post-hack low of 4%<\/strong> to approximately 7%<\/strong>, signaling a strong and stable recovery in both spot trading volume<\/strong> and market activity<\/strong>.<\/p>\n

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