Elizabeth|Nov 05, 2025 06:21
Lost 950,000 RMB today on @Bybit_Official. Spent the past few hours doing a full review, and I don’t think it’s my fault—this is something the platform needs to take responsibility for.
Why is the price gap for MMT between Bybit and Binance so huge? Binance peaked at 6.47U, while Bybit shot up to 10.5U. Many big players got liquidated at 8U, and manual position reduction or closing wasn’t even possible. Bybit has always been a responsible exchange, and I’ve been using it for a long time. I hope this issue can be resolved.
Actually, this isn’t the first time. Last month, Seraph encountered the same situation—prices on Bybit were 10x different compared to other platforms, even market makers suffered losses.
The core issue is: small coins lack depth, leading to massive price gaps, and they’re repeatedly targeted by organized arbitrage whales.
I suggest Bybit’s team take this issue seriously.
If contract depth isn’t sufficient, don’t rush to list too many small coins. Even the best hedging mechanisms can’t withstand repeated “blow-ups.” Trading should solve problems, not create new risks.
@Bybit_ZH @BybitMartin @0x_claudia @Bybit_official @benbybit
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