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Organisation

Bybit

3 placements on ChainChoice under Bybit, each scored against its own category's pool and criteria — #1 in one of them. The placements are not averaged and not ranked against each other: a #1 exchange and a #6 crypto card are two different products in two different markets.

Exchanges
How you can lose money here, and what the ranking scores
  • Custody failure (Bybit 9/10): whoever holds the assets loses or withholds them.
    Scored by When this venue broke, did people get their money out — and how would I know? · 28%
  • Insolvency failure (Bybit 5/10): the firm or issuer that owes you cannot pay.
    Scored by If this exchange fails — or freezes me — are the coins legally mine, and on whose terms? · 18%
  • Regulatory failure (Bybit 6/10): no licence where you are, or a forced market exit.
    Scored by Whose licence actually covers me in my country — and can I find it on the register? · 24%
Not assessed by this ranking: Control failure, Liveness failure, Execution failure, Exit failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: What will I actually pay here at my volume — including the spread they don't print? (30%).
Retail Staking
How you can lose money here, and what the ranking scores
  • Exit failure (Bybit ETH Staking 5/10): you cannot get out at par, on time, or with what is yours.
    Scored by Way back to ETH · 30%
  • Information failure (Bybit ETH Staking 3/10): the number is wrong or bought, or your data leaks.
    Scored by Rate shown before sign-up · 20%
Not assessed by this ranking: Control failure, Liveness failure, Custody failure, Insolvency failure, Regulatory failure, Execution failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: Share of the ETH reward you keep (50%).
Token Launchpads
How you can lose money here, and what the ranking scores
  • Regulatory failure (Bybit Launchpad 7/10): no licence where you are, or a forced market exit.
    Scored by Allocation rules and named exclusions · 25%
  • Exit failure (Bybit Launchpad 2/10): you cannot get out at par, on time, or with what is yours.
    Scored by Upfront sale and unlock terms · 20%
  • Information failure (Bybit Launchpad 1/10): the number is wrong or bought, or your data leaks.
    Scored by Published launch track record · 35%
Not assessed by this ranking: Contract failure, Control failure, Execution failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: Published cost to participate (20%).