Bybit Enhances Liquidation Data Transparency to Attract Institutional Investors

In a bid to improve transparency and appeal to institutional investors, leading crypto exchange Bybit has upgraded its application programming interface (API) to provide real-time access to liquidation data.

The new system delivers updates every 500 milliseconds—twice as fast as the previous version, which refreshed once per second per trading pair. This ensures that every liquidation event is accurately recorded, reducing data blind spots and giving traders a clearer picture of market activity.

“Transparency is fundamental to crypto. By providing full visibility into liquidation data, we’re equipping traders and analysts with the tools they need,” said Bybit CEO and co-founder Ben Zhou.

Accurate liquidation data plays a crucial role in identifying market trends, key support and resistance levels, and potential volatility spikes. Institutional investors, in particular, rely on such insights to make data-driven trading decisions.

Bybit’s upgrade follows a period of heightened market turbulence, where over $2.2 billion in liquidations were officially reported in a single day. However, Zhou estimated that the true figure was closer to $8 billion–$10 billion due to previous API limitations. With the new system, Bybit aims to close this gap and ensure more precise reporting moving forward.