Bybit is a top-three global derivatives exchange serving 60M+ retail and institutional users across 190 countries. The venue built its early market share on perpetual futures with market-maker-grade matching latency and by 2026 offers spot, options, copy-trading, and institutional custody as a single platform.
The exchange operates a bespoke risk engine that consistently outperforms industry benchmarks during volatility events — a technical edge that has translated directly into liquidity concentration during every major sell-off since 2022.
In Q4 2025 Bybit completed a $2B institutional custody rollout in partnership with three regulated trust banks, and now processes approximately $12.4B in daily derivatives volume.
A next-generation derivatives exchange with market-maker-grade infrastructure. We led the Series A on the conviction that liquidity concentration would migrate to venues built by engineers rather than trading houses.
Ben Zhou
CEO & Co-FounderHelen Liu
COOMazurka Zeng
Head of DerivativesIgneus Terrenus
Head of Comms- Mar 2018Founded by Ben Zhou in Singapore
- Q1 2020Oryon-led Series A
- Q3 2023Dubai VARA licence, HQ relocation
- Q4 2025Institutional custody rollout
Ranked #2 by global derivatives volume, now serving 60M+ users across 190 countries. Successful institutional custody rollout in Q4.
“The technical bar Bybit maintains during volatility is quietly rewriting the CeFi playbook.”
— The Block, Nov 2025
“Every serious quantitative fund we speak with now routes flow through Bybit as a matter of course.”
— Coindesk, Mar 2026