Market Liquidity

Bybit Moves Trading Servers to Tokyo, Cutting Latency by 300 Microseconds

DUBAI – November 12, 2026 -- Bybit has completed the migration of its trading servers from Singapore to Tokyo, cutting latency by up to 300 microseconds, the exchange said. The platform, which counts more than 80 million users, says the faster connectivity is meant to improve conditions for market makers and other liquidity providers.

Bybit targets deeper order books and tighter spreads

The company says better network performance should help market makers manage orders more efficiently. It expects that to translate into deeper order books, tighter bid-ask spreads, more efficient price discovery and more consistent execution. Bybit did not publish measured results for spreads, depth or execution quality.

24X Expands Warrant Incentive Program Ahead of December Launch

Stamford, Conn. – October 08, 2026 -- 24X National Exchange LLC has filed a proposed rule change with the U.S. Securities and Exchange Commission to expand its warrant performance incentive program, adding equity worth 22.25% of parent company 24X US Holdings LLC on a fully diluted basis for participating broker-dealers.

24X adds 22.25% in new equity and extends program through June 2028

The original program, running through December 31, 2027, offered non-voting equity equal to 10% of 24X US Holdings on a fully diluted basis. The newly filed expansion (SR-24X-2026-26) can be earned starting in 2027 and across two additional quarterly measurement periods in 2028, pushing the program's end date to June 30, 2028.

MEXC Tops SOL and DOGE Order Book Liquidity in CoinGecko 2026 CEX Study

Mutsamudu, Comoros – September 30, 2026 -- MEXC recorded the highest order book liquidity at market price for both SOL and DOGE among eight exchanges surveyed in CoinGecko Research's 2026 Crypto Liquidity on CEXes Report, which tracked the top five non-stablecoin assets over 60 days from July 6 to September 3, 2026.

MEXC posts $934,000 in SOL liquidity at market price, the study's top figure

CoinGecko found SOL liquidity more evenly distributed across venues in 2026 than the prior year, even as overall depth declined. MEXC held the lead at the immediate market price, though Bitget and Coinbase overtook it beyond the ±$0.20 range, indicating a more fragmented competitive field for SOL execution.