In an April 23 interview with When Shift Happens, Bybit CEO Ben Zhou said Bybit has not seen a large number of users actively leaving for Hyperliquid.
Bybit CEO Ben Zhou said Hyperliquid is viewed more as a partner than a direct competitor, according to an April 23 interview with When Shift Happens. He added that Bybit has not observed a large number of users actively leaving for Hyperliquid. The comments suggest Bybit does not currently see meaningful customer migration to the rival crypto trading platform, indicating a relatively cooperative view of competition within the digital asset exchange market.