Dubai, Arab Emirates, February 21, 2025, Chain Wire
BYBIT, the world’s second largest cryptocurrency exchange in the world, has begun the industry’s first initiative to fully access the public through improved APIs. This bold stage occupies the position of BYBIT as a leader of transparency, providing institutional investors, analysts and traders with segmented insights in market epidemiology in real time.
In response to the Crypto community calls for greater transparency, BYBIT has improved the API with the new websocket topic “all liquidation”. Unlike the previous repetition, which is limited to one message per second, the upgraded stream now provides real -time liquidation data every 500 milliseconds. Through this, all liquidation events are captured and released without delay and set new standards for openness and reliability of the digital asset market.
“The true spirit of encryption is transparency BYBIT co -founder and CEO Ben Zhou. “By completely disclosing all the liquidation data, we are taking a pre -prevention approach according to the opening of the encryption community. This initiative allows traders and analysts to be complete and access real -time market data to provide the necessary insights. ”
Masking release market reality
Ben recently emphasized the importance of accurate liquidation data, and pointed out that the number of previously reported figures throughout the industry has not captured the actual size of market activities due to API restrictions. The latest update of BYBIT now allows all liquidation events to be fully disclosed in real time, giving traders with more perfect and transparent views of market conditions.
This initiative offers measurable benefits to the encryption investment community.
- Market Clarity: The complete visibility of liquidation events shows a true market depth, improves trust, and enables accurate analysis of trend and participant behavior.
- Risk Relaxation: In real time data, investors can accurately identify support and resistance levels, expect volatility spikes, and improve risk management frameworks.
- Strategic Edge: Access Advanced Trading Strategies, Back Testing and Predictive Modeling for Unpredged Filtered Data Fuel.
This movement is already reconstructing the industry. BYBIT’s transparency initiative is already making waves throughout the industry, and COINGLASS, a leading cryptocurrency analysis platform, integrates BYBIT’s newly available liquids into the interface, visualizing and analyzing the accurate accurate market event that users cannot compare. Make it possible.
Catalyst for institutional trust
As the institutional adoption of cryptocurrency accelerates, BYBIT’s promise to radical transparency signals mature markets for sophisticated capital. By providing a reliable data foundation, BYBIT strengthens appeals for hedge funds, asset managers and trading companies looking for reliable partners in encryption space.
#Bybit / #thecryptoark
About Bybit
BYBIT is the world’s second largest cryptocurrency exchange, providing services to the global community of more than 60 million users. Founded in 2018, BYBIT is a simple, open and equal ecosystem for everyone to redefine openness in the distributed world. BYBIT Partners focuses on Web3 to provide strong infrastructure and use major blockchain protocols to provide powerful infrastructure and lead chain innovation. Bybit, famous for safe custody, various market places, intuitive user experience and advanced blockchain tools, solves the gap between Tradfi and Defi and enhances Builder, Creators and Apnusiasts to exert all the potential of Web3. Discover the future of distributed finance on bybit.com.
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Bybit Sets Industry Benchmark with Full Disclosure of Liquidation Data