Bybit recorded the highest spot trading volume among centralized cryptocurrency exchanges on December 22, 2025, driven by a sharp increase in activity around the NIGHT token, according to market data cited in a company update shared with Finbold. The exchange reported more than $9.2 billion in spot trading volume over a 24-hour period, placing it ahead of industry peers for the day. The spike was largely attributed to heightened trading in the NIGHT/USDT pair, which accounted for the majority of activity on the platform during that window
source: https://finbold.com/bybit-tops-24-hour-spot-trading-volume-amid-surge-in-night-trading/