Bitget Outperforms, Registering Over Half a Trillion Monthly Derivatives and Leading in Ethereum and Solana Liquidity According to CoinDesk's Report
In the dynamic world of cryptocurrency trading, Bitget, a Web3 company established in 2018, has made significant strides, earning a prominent position in the industry.
Bitget's journey to prominence began in April 2025 with the launch of its Onchain platform. This move propelled a 32% month-on-month increase in spot volumes, marking a turning point in the exchange's growth.
The exchange has since introduced hybrid on-chain/off-chain liquidity, heralding the next phase of exchange evolution. This innovation has positioned Bitget as a key player, shaping the future of the industry.
In the first half of 2025, 80% of spot volumes and 50% of derivatives volume on Bitget came from institutions. This institutional adoption has doubled assets under management year-to-date, underscoring the exchange's growing influence in the institutional markets.
Bitget's exceptional performance has not gone unnoticed. A recent CoinDesk report highlighted the exchange's success in trading volume, institutional adoption, and liquidity leadership. The report also noted Bitget's significant dominance in the Layer-1 and memecoin sectors, and its emergence as a significant venue, characterised by scale, stickiness, and growing institutional weight, even in cooler market conditions.
Bitget's success is further evidenced by its ranking as the number one exchange for ETH and SOL spot depth, and number two for BTC. This places it among the top three globally for execution quality. In May 2025, BGB helped drive Bitget's highest-ever spot market share at 5.2%.
The exchange's average monthly volumes reached $750 billion in 2025, with nearly 90% coming from derivatives. Bitget's native BGB token is the third-most traded spot asset after BTC and ETH, with BGB volumes rivaling entire market sectors.
Between November 2023 and June 2025, Bitget recorded a cumulative derivatives volume of $11.5 trillion, placing it among the top four global exchanges. BTC, ETH, and BGB combined accounted for 44% of spot activity, indicating stable institutional demand.
The growth in institutional involvement is attributed to Bitget's upgraded product stack, including its Liquidity Incentive Program, institutional lending suite, and a unified margin system launching later this quarter. These developments are expected to further boost Bitget's standing in the cryptocurrency market.
The increasing relevance of niche tokens has also seen breakout activity on the Bitget platform. Bitget leads in XRP derivatives open interest, demonstrating its commitment to catering to a diverse range of cryptocurrencies.
Bitget's average BTC slippage for $100K trades is just 0.0074%, reflecting the exchange's commitment to maintaining high liquidity and execution quality.
In conclusion, Bitget's journey from its establishment in 2018 to its current position as a leading cryptocurrency exchange is a testament to its innovative approach, commitment to institutional adoption, and focus on maintaining high liquidity and execution quality. The exchange's future looks bright, with promising developments on the horizon.
