Fortune Ranks Bybit Sixth in CeFi: What It Tells Traders

Fortune published its 2026 Crypto 100 ranking, placing Bybit sixth in the CeFi category. The list defines CeFi as crypto-first companies including exchanges and lenders that handle or hold digital assets.

The ranking puts Bybit behind five larger centralized platforms. For traders, a Fortune listing carries weight as a third-party credibility signal. Bybit has focused on compliance infrastructure over the past two years, securing licenses in Cyprus, Kazakhstan and Canada. The exchange also expanded its proof-of-reserves reporting.

CeFi rankings matter to institutional allocators building watchlists. A top-10 spot on Fortune's list can shorten the due diligence timeline for funds that use media surveys as a screening filter. Bybit's placement suggests its trading volumes, disclosure practices and regulatory footprint compare well against peers.

Fortune did not disclose the full methodology. The publication said it used public sources and financial disclosure. The list excludes companies that do not make financial data available, which means some private exchanges with large volumes are not included.

Bybit ranks sixth in Fortune's CeFi category, behind exchanges with longer operating histories. The ranking gives traders one more reference point when assessing exchange risk and trust.