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![Bybit_Official Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::999947328621395968.png) Bybit [@Bybit_Official](/creator/twitter/Bybit_Official) on x 5M followers
Created: 2025-06-16 05:24:56 UTC

Subsequent Update: SPXUSDT Perpetual Contract Wick on June 13, 2025

At Bybit, we act with fairness and integrity. When unexpected incidents occur, we move quickly to investigate, take responsibility, and ensure affected traders are made whole.

On June 13, 2025, between 19:07 and 19:08 UTC, an extreme price movement occurred on the SPXUSDT Perpetual Contract. Our post-incident analysis confirmed that the price action was driven by extreme volatility originating from an external data source, which was promptly resolved, with all systems remaining fully operational and functioning as intended.

All affected traders will be fully compensated. Customer Support will contact impacted users, and compensation will be credited directly to affected accounts.

Thank you for your continued trust in Bybit.

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[Post Link](https://x.com/Bybit_Official/status/1934482304510173414)