Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has integrated Orbit Markets—a leading institutional liquidity provider for digital asset options—into its request-for-quote (RFQ) platform. The partnership, announced on May 14, 2026, aims to deliver deeper liquidity, tighter bid-ask spreads, and faster execution for institutional and professional traders directly within Bybit’s ecosystem.
Orbit Markets, which has facilitated over $50 billion in notional volume year-to-date and holds top market share on several global exchanges, now provides executable quotes for large notional trades and customized options structures through Bybit’s RFQ workflows. Traders can request competitive pricing without leaving the Bybit interface, eliminating friction and accelerating execution for complex hedging and trading strategies.
Yoyee Wang, Head of Institutional and Enterprise Business at Bybit, emphasized the value of the integration: “We are pleased to welcome Orbit to Bybit’s RFQ platform, bringing additional liquidity, competition, and execution quality to institutional and professional traders.” Tianjiao Sun, CTO at Orbit Markets, noted the firms’ longstanding relationship, stating, “We have been one of the most active liquidity providers on Bybit for years. We’re excited to bring a new level of liquidity depth and execution quality to Bybit via RFQ.”
Beyond RFQ, Orbit Markets remains active on central limit order books, providing continuous two-way liquidity across thousands of options contracts. The integration strengthens Bybit’s institutional-grade infrastructure, which already includes advanced trading tools, robust security architecture, and transparent reserve practices. With over 80 million users globally, Bybit continues to position itself as a bridge between traditional finance and digital asset markets, competing increasingly on infrastructure and execution quality rather than just trading volume.
