The crash of 13 April 2024
A replay of the real Bybit BTCUSDT order book through the engine. The first circuit breaker came 301 seconds before the crash start.
What happened
- 19:11:12Anomaly: unconfirmed stress. A bot would pause new entries.
- 19:31:35Shift: activity moves well above its recent range.
- 19:49:55Circuit breaker: confirmed stress. A bot would halt and flatten.
- 19:54:55Crash start: price is 5% below the day's high, at $64,525.9.
Read this carefully
- This is a replay, not a live result. No live breaker has protected a client yet.
- This crash was used to choose the rules, so the result is not blind.
- It is one crash on one venue. A warning this long is not promised.
- Tachyon also fired on this day away from the crash. Breakers run in a violent market, and some will not be followed by a fall.
- An account holding through this fall lost 198 bp at 1x before fees.
See what it does live on the track record.