Bybit Enhances API for Real-Time Liquidation Data Transparency
- Bybit’s API now updates liquidation data every 500 milliseconds.
- Previous API version updated once per second per trading pair.
- CEO Ben Zhou emphasizes transparency as a core crypto value.
- Recent market volatility resulted in over $2.2 billion liquidations in 24 hours.
- Zhou estimates actual liquidations could be between $8-10 billion.
Bybit has upgraded its API to provide real-time liquidation data updates every 500 milliseconds, improving transparency and aiding traders in analyzing market trends. CEO Ben Zhou highlighted the importance of transparency, especially after recent events saw over $2.2 billion in liquidations within a day, with potential figures reaching up to $10 billion.
Source (2.6)https://www.coindesk.com/markets/2025/02/21/bybit-makes-liquidation-data-more-transparent-aiming-to-lure-institutional-investors?rand=52298
