10X vs Bybit
Which platform is better for trading in 2026? Here's an honest, side-by-side comparison.
Bybit lost $1.5B in a February 2025 hack, exposing the risk of centralized custody. 10X is self-custodial on Hyperliquid L1, so there is no centralized wallet to exploit. Bybit has 300+ markets and 100x leverage, but 10X offers 150+ markets (including stocks and commodities), no KYC, and your keys never leave your browser.
Quick Comparison
| Feature | 10X | Bybit |
|---|---|---|
| Type | DeFi perps (Hyperliquid L1) | Major centralized crypto derivatives exchange |
| Assets | 150+ (crypto, stocks, commodities) | 300+ perpetual futures |
| Max Leverage | 50x | Up to 100x |
| Trading Fees | 0.14% taker | 0.02% maker / 0.055% taker (base tier) |
| KYC Required | No | Yes |
| Custody | Self-custodial | Custodial |
| Short Selling | Yes, all 150+ assets | Yes, all listed futures |
| Execution | Sub-second (Hyperliquid L1) | Fast (centralized matching engine) |
| Trading Hours | 24/7 | 24/7 |
Bybit: Strengths
- 300+ futures markets
- Intuitive interface
- Copy trading feature
- Up to 100x leverage
- Good mobile app
- Testnet for practice
- Unified Trading Account
Bybit: Weaknesses
- KYC required for withdrawals above limits
- Custodial: Bybit holds your funds
- Not fully available in the US
- Suffered a $1.5B hack in February 2025 (Lazarus Group)
- Centralized: risk of account freezes
- Complex tiered fee structure
10X: Why Traders Choose It
- Up to 50x leverage on major assets like BTC and ETH
- 150+ markets: crypto, stocks (AAPL, TSLA, NVDA), and commodities (Gold, Silver)
- Self-custodial: your private keys never leave your browser
- No KYC, no identity verification, no bank account required
- 0.14% trading fee with no hidden charges
- Sub-second execution on Hyperliquid L1 ($5B+ daily volume)
- Clean desktop interface designed for serious traders
- Go long or short on any asset, 24/7
The Verdict
Bybit offers a polished trading experience with deep liquidity. But the February 2025 hack ($1.5B stolen by North Korea's Lazarus Group) exposed the risk of centralized custody. 10X eliminates this risk entirely: self-custodial, no KYC, and your keys never leave your browser. For traders who prioritize security and sovereignty, 10X is the safer choice.