Bybit reported that its derivatives trading volume rose 14.9% to $321 billion in August, according to CoinDesk Research data, keeping the exchange among the top three crypto trading venues by volume. Its spot market share reached 5.26%, placing it second among major exchanges.
The performance came during a broader centralized exchange recovery: combined CEX volumes climbed 12.7% to $4.29 trillion from multi-year July lows, with spot trading up 18.7% and derivatives up 11.3%. Bitcoin rallied from about $63,000 to more than $80,000 by August 25, helped by US Treasury Secretary Scott Bessent’s announcement on Treasury yields, before easing after hawkish remarks from Fed Chair Kevin Warsh at Jackson Hole. BTC still finished August up 25.4%, its largest monthly gain since November 2024.
The report also highlighted record activity in real-world asset perpetuals, with CEX-wide RWA perpetuals volume reaching $602 billion, an all-time high. Bybit TradFi Perpetuals, launched earlier this year, now support more than 250 trading pairs across equities, commodities, and global ETFs, as Bybit expands its New Financial Platform strategy into tokenized assets, stablecoins, and institutional-grade products.
