Crypto exchange Bybit says it stopped over $700 million in potential user losses during the first half of 2026. That’s according to its risk and security report covering the period from January 1 to June 15, 2026. Bybit shared the report with Incrypted, which broke the story.

What Bybit Says

According to the company, the $700 million-plus figure refers specifically to “potential losses” that users could have faced during that timeframe. Bybit didn’t provide additional details in this statement beyond the dates and the total amount.

About the Report

The report in question is Bybit’s Risk and Security Report for the first half of 2026, spanning January 1 to June 15. Bybit gave the document to Incrypted, which used it as the basis for its coverage.

Context

The language here points to losses that were prevented—potential user losses, not realized ones—during the specified period. No other metrics or breakdowns were included in this particular release.