Bybit releases first half 2025 report: A model of crisis response, AI innovation, and market leadership Bybit, the world's second-largest cryptocurrency exchange by trading volume, has officially released its "Q1 2025 Annual Report," revealing how the company has demonstrated resilience, innovation, and growth during one of the most challenging periods in the history of the cryptocurrency industry, turning crises into milestones. The Bybit Q1 2025 Annual Report provides exclusive data, operational insights, and a roadmap for leading crypto institutions to build their future amidst volatility. From AI driven trading to real asset tokenization and global compliance strategies, the report highlights that Bybit is not only responding to change, but also shaping the future. Key points of the report: With over 70 million registered users (as of May 9th), it remains the second largest cryptocurrency exchange in terms of trading volume worldwide. Zero loss of user funds - Bybit's 1:1 reserve guarantee ensures that user assets remain unscathed in the event of an attack. Freeze $73.36 million in funds, recover $29.7 million, and trace over $141 million of the involved funds through Lazarus Bounty. The BTC market depth has recovered to $13 million per day within 30 days, leading the industry's liquidity recovery. Over 5 million TradeGPT users - Bybit AI trading assistant helps with smarter and more efficient trading decisions. 78 new traditional financial trading instruments and 10+tokenized stocks have been added - users can trade global equity and ETFs such as AAPL, TSLA, and SPY through Bybit TradFi and xStocks spot sectors, bringing traditional markets onto the chain. Bybit card has over 2 million users and can be used by over 150 million merchants worldwide through Mastercard, Apple Pay, and Google Pay. Public welfare donations exceeded $2 million - covering earthquake relief in Xizang, Myanmar and Thailand, flood aid in South Africa, influence investment in Latin America of $1 million, and scholarships of $200000+for African and Korean students. Completed 50+security upgrades - passed 9 security audits and fully updated reserve certificates within one month, establishing a new industry trust standard. Obtained MiCAR license in Austria - enabling Bybit to serve 450 million European users through a compliance framework and operate in 29 European Economic Area countries.