Bybit

Bybit is a centralized exchange. Reports $1.9B in 24-hour trading volume across all pairs. Its domain ranks #3,196 on Tranco — the one signal an exchange cannot type about itself. CoinGecko's own trust grade is 8/10.

CustodyCustodial
KYCRequired
RegionBritish Virgin Islands
Since2018
Websitewww.bybit.com
24-hour volume$1.9B
Tranco web rank#3,196
Proof of reservesPublished (audited)
Reliability ratio (liquidity / Tranco)0.5× — volume scored in full (1× = the top-ten norm)
Liquidity size (thinner side of the book, ten largest markets, within 1% of mid)$19M across 10 markets
Liquidity / volumeliquidity within 1% of mid is 0.89% of daily volume on its top-10 markets; 0% of that volume sits beyond the book (worst ONDO/USDT at 0.17%, floor 0.07%) — within range · at or above the top-ten norm
Data accessPublic order book, read directly, covering the ±0.1% band
Order-book depth (BTC, 0.1% of mid)$951,079 within 0.1% of mid

Figures from the 25 September 2026 build snapshot. Open the live view for the current rankings.

What the ranking counts

Volume is a claim about a past that left no artifact. An order book is a claim about the present the exchange has to have standing there when you look. Tranco web rank is the one number nobody can type: it counts resolvers in the wild, not anything the venue reports. That is why the ranking uses web rank as the anchor and treats a deep book as a permission to keep a position, not a reason to promote one.