
Bybit Enhances Liquidation Data Access to Attract Institutional Traders
Bybit, one of the world’s leading cryptocurrency exchanges, has unveiled a major transparency initiative by making all liquidation data fully public through an upgraded API. The move is designed to improve market clarity and attract more institutional investors.
The upgraded API now refreshes liquidation data every 500 milliseconds—twice as fast as its previous one-second interval. This enhancement ensures every liquidation event is recorded in real time, eliminating blind spots and providing traders with more accurate market insights.
“Transparency is at the core of crypto,” said Bybit CEO and co-founder Ben Zhou. “By offering unrestricted access to liquidation data, we’re equipping traders with better tools to navigate the market.”
Liquidation data plays a key role in identifying potential volatility, key support and resistance levels, and broader market trends. Bybit’s improved API ensures traders, analysts, and institutional investors have immediate access to critical data, helping them make better-informed decisions.
The need for improved transparency became evident earlier this month when crypto markets saw extreme volatility, resulting in reported liquidations of over $2.2 billion in just 24 hours. However, Zhou estimated the actual figure was closer to $8 billion–$10 billion due to API limitations at the time. Bybit’s new system aims to provide more accurate reporting and eliminate these discrepancies.
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