Exchanges· ★★★· bearish·

Bybit CEO: Retail participation down 30%

  • Ben Zhou: retail participation is 30% below peak, methodology not disclosed
  • CEX spot volumes by mid-2026 are 67% below the October 2025 peak
  • Bybit introduced Retail Price Improvement to improve retail order pricing
  • Bybit's share recovered from ~4% to 7–9.5% after the $1.5 billion hack
Why it matters: Falling retail activity weighs on exchanges' fee revenue and may signal weak demand in the current market.
Source: TokenPost