Altcoins

Bitget Leads ETH & SOL Markets with $11.5T Derivatives Volume

Bitget, one of the world’s top cryptocurrency exchanges, has reported a huge $11.5 trillion in derivatives trading between November 2023 and June 2025, according to a CoinDesk Market Data Deep-Dive report.

The exchange ranked among the top four global platforms for derivatives and led in ETH and SOL liquidity, while coming second in BTC spot depth. Its strong results are linked to growing institutional participation, new products, and the rising popularity of its BGB token.

In the first half of 2025, Bitget averaged about $750 billion in trades each month, with most of it, around 90%, coming from derivatives. Institutions played a big role, making up 80% of spot trades and half of the derivatives, while the exchange’s total assets kept growing.

Meanwhile, its Liquidity Incentive Program, lending tools for institutions, and a new margin system were also part of this growth. In April, the exchange launched its on-chain platform, which also gave spot trading a boost, helping it jump 32% from the previous month.

The exchange’s BGB token became the third-most traded spot asset after BTC and ETH. In May, BTC, ETH, and BGB together made up 44% of spot trading, raising Bitget’s spot market share to 5.2%. The platform’s BTC trading was also highly efficient, with slippage averaging just 0.0074% for $100,000 trades, placing it among the top three exchanges worldwide for execution quality.

“We’ve been deliberate about how we scale, we deliver world-class products, and provide one of the strongest security infrastructures. From retail to institutional, people are looking for quality and safety,” said Gracy Chen, CEO of Bitget. “This report validates what we’ve known internally: institutions are here, and they choose to trust Bitget.”

The report also shows Bitget’s position in XRP derivatives, Layer-1 tokens, memecoins, and niche tokens, showing the exchange is keeping pace with the fast-changing crypto market.

With trading volumes rising and institutions increasingly involved, Bitget is solidifying its place as a global leader in crypto trading.

Also Read: CoinShares Posts $32.4M Q2 Profit as AUM Climbs to $3.46B

Richard Ogunjobi

Richard Ogunjobi is a well-experienced crypto journalist who has covered topics that cut across several topics and niches. Richard has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, and loving traveling.

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