Bybit
3.5/10 total
Large derivatives-first exchange. Suffered the single largest exchange breach in history in February 2025, roughly $1.4B attributed to the Lazarus Group, though it covered user losses. Verification is now mandatory.
Scores
Weights are published in the method and applied identically to every entry.
For
- Deep derivatives liquidity and competitive spot fees
- Covered user losses in full after the 2025 breach
- Broad asset coverage
Against
- Largest exchange hack on record, ~$1.4B in February 2025
- Mandatory KYC across the platform
- Custodial with limited regulatory recourse
Agent access 4/10
Full-featured API behind a verified account and issued keys.
Reported separately and not counted in the total. It measures what an autonomous agent can do unattended, not whether the service is safe to use.
Fees
0.10% maker / 0.10% taker spot
Competitive across spot and derivatives.
Specification
- Type
- Custodial exchange
- KYC policy
- KYC required
- Custody model
- custodial
- Account required
- yes
- Assets
- 700+
- Chains
- 50+
- Operating since
- 2018
- Jurisdiction
- Dubai
- Onion service
- no
- Works without JS
- no
- Open source
- no
- Facts checked
- 2026-07-31
Links
Plain links, no referral parameters. Verify the domain yourself; phishing clones of every service in this table exist.