Major cryptocurrency exchange Bybit said all of its liquidation data is now publicly available through an upgrade to its application programming interface (API).
With the upgrade, the API delivers liquidation data updates every 500 milliseconds, twice as fast as the previous version, which provided just one update per second per trading pair, it said.
The change ensures that every liquidation event is captured in real time, eliminating blind spots that previously obscured the true scope of market activity
“The real spirit of crypto is transparency. By making all liquidation data fully public, we’re empowering traders and analysts with the insights they need,” CEO and co-founder Ben Zhou said in a statement.
Liquidation data helps traders identify market trends, support and resistance levels, and potential volatility spikes. Examining the data will provide traders, analysts, and institutional investors with real-time insights into…
