Bybit AUM or user asset is standing at $14.84B as per today ($16.5B in Q1) . The total user asset in the coinglass report is not correct. All of our AUM is onchain and audited with POR. We are reaching out to
@coinglass_com to correct this data.
CoinGlass 2026 Q1 Cryptocurrency Market Share Research Report
One key takeaway from the Report:
Trading stayed active, but liquidity and capital became even more concentrated at the top.
Binance remained the clear leader in volume, OI, depth, and reserves, while Hyperliquid showed that on-chain derivatives are now part of the mainstream conversation.
Q1 was not about euphoria. It was about recovery, concentration, and shifting market structure.
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