Derivatives trading platform Bitget sets new record with over half a trillion monthly average, surpassing Ethereum and Solana in liquidity, according to a report by CoinDesk.
In the dynamic world of cryptocurrency trading, one platform has been making waves – Bitget. The platform has seen a surge in activity, particularly in niche tokens, thanks to its upgraded product stack.
Bitget's product suite, which includes a Liquidity Incentive Program, an institutional lending suite, and a forthcoming unified margin system, has been instrumental in this evolution. The exchange has been ranked as the #1 exchange for Ethereum (ETH) and Solana (SOL) liquidity and #2 for Bitcoin (BTC) spot depth, placing it within 1% of the mid-price.
This impressive performance has not gone unnoticed. In a recent CoinDesk report, Bitget was highlighted for its impressive trading volume, institutional adoption, and leadership in liquidity. Even in cooler market conditions, Bitget has established itself as a significant venue due to its scale, stickiness, and growing institutional weight.
One of the factors contributing to Bitget's success is its hybrid on-chain/off-chain liquidity. The exchange's native BGB token is the third-most traded spot asset after BTC and ETH, with BGB volumes rivaling entire market sectors. BTC, ETH, and BGB combined accounted for 44% of spot activity, indicating stable institutional demand.
Bitget has also scaled deeper into institutional markets. In the first half of 2025, 80% of Bitget's spot volumes and 50% of its derivatives volume came from institutions, doubling assets under management year-to-date. This shift towards institutional trading has been a key driver of Bitget's growth.
The institution that achieved fourth place in the total crypto derivatives volume from November 2023 to June 2025 is Bitget, with a cumulative derivatives volume of $11.5 trillion during this period. This impressive figure places Bitget among the top four global exchanges in terms of derivatives volume.
Bitget's Onchain launch in April 2025 helped propel a 32% month-on-month increase in spot volumes. The exchange has also made strides in enhancing altcoin depth and leading in XRP derivatives open interest. Bitget even dominates in the Layer-1 and memecoin sectors.
In May, BGB helped drive Bitget's highest-ever spot market share at 5.2%. The trifecta of Bitget's strong positioning is shaping the next phase of exchange evolution. In 2025, Bitget's average monthly volumes reached $750 billion, with nearly 90% coming from derivatives.
As Bitget continues to grow and evolve, it's clear that the platform is poised to play a significant role in the future of cryptocurrency trading. With its focus on institutional adoption, liquidity, and product innovation, Bitget is set to redefine the landscape of the industry.
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