Major cryptocurrency exchange Bybit announced a substantial increase in liquidity on its spot market following the introduction of the innovative Retail Price Improvement (RPI) feature.
Retail Liquidity Innovation
Bybit launched RPI orders providing liquidity exclusively for retail clients. This enables traders to access deeper order books and more competitive quotes, enhancing their trading experience.
Liquidity Across Key Pairs
Following the RPI rollout, Bybit increased liquidity in key trading pairs:
- BTC/USDT liquidity surged to 1.5 times that of the market leader. - ETH/USDT liquidity rose 5 times, offering competitive quotes. - SOL/USDT liquidity increased to 4.5 times, ensuring access to a deep order book. - Bybit achieved liquidity 3 times that of the market leader across the top 12 trading pairs.
Advantages and Prospects
RPI orders have led to better quotes and order book depth for retail clients, reinforcing Bybit's commitment to retail-friendly trading conditions. Head of Derivatives and Institutional at Bybit, Shunyet Jan, noted: “The introduction of RPI sets a new standard for retail-focused liquidity.”
Bybit continues to lead the industry with innovations aimed at improving retail client experiences and strengthening its market position.
