Bybit: The previous extreme price fluctuations of some contracts were due to a sudden drop in liquidity, and the system is operating normally.

Bybit announced that during a period of extreme market volatility at 20:23 (UTC) on October 6, 2025, SERAPHUSDT and other perpetual swaps experienced price deviations from the spot market. Following an internal investigation, Bybit confirmed that its system logic was operating normally.