Bitget Records Over Half a Trillion Monthly Derivatives Average, Tops ETH and SOL Liquidity in CoinDesk Report
Bitget , the world’s leading cryptocurrency exchange and Web3 company, has been spotlighted in a newly released CoinDesk Market Data Deep-Dive report for its breakout performance across trading volume, institutional adoption, and liquidity leadership.
Between November 2023 and June 2025, Bitget recorded a cumulative $11.5 trillion in derivatives volume, placing it among the top four global exchanges. The report also ranked Bitget as the number one exchange for ETH and SOL spot depth, and number two for BTC, cementing its position as one of the top three globally for execution quality. That momentum continued into 2025, with average monthly volumes hitting $750 billion, nearly 90% of which came from derivatives. Even in cooler market conditions, Bitget has emerged as a structurally important venue, characterized by scale, stickiness, and growing institutional weight.
In fact, Bitget’s user mix is changing fast. In the first half of 2025, 80% of spot volumes and 50% of derivatives volume came from institutions, doubling assets under management year-to-date. CoinDesk’s report credits this evolution to Bitget’s upgraded product stack, including its Liquidity Incentive Program, institutional lending suite, and a unified margin system launching later this quarter.
The native BGB token also shone in the report. Ranking as the third-most traded spot asset after BTC and ETH, BGB volumes rivaled entire market sectors and helped drive the exchange’s highest-ever spot market share in May at 5.2%. Overall, BTC, ETH, and BGB combined accounted for 44% of spot activity, indicating stable institutional demand.
Bitget’s liquidity footprint continues to punch above its weight. The report named Bitget the #1 exchange for ETH and SOL liquidity and #2 for BTC spot depth within 1% of the mid-price, beating out major competitors. Bitget’s average BTC slippage was just 0.0074% for $100K trades, placing it among the top three globally 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, Chief Executive Officer at Bitget. “This report validates what we’ve known internally: institutions are here, and they choose to trust Bitget.”
The full CoinDesk report also highlighted Bitget’s Onchain launch in April 2025, which helped propel a 32% month-on-month increase in spot volumes. It noted Bitget’s lead in XRP derivatives open interest, dominance in Layer-1 and memecoin sectors, and the increasing relevance of niche tokens, which saw breakout activity on the platform.
With its strong positioning, Bitget has scaled deeper into institutional markets, enhanced altcoin depth, and introduced hybrid on-chain/off-chain liquidity—a trifecta that’s now shaping the next phase of exchange evolution.
To view the full report, visit here .
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.
Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™ , one of the world’s most thrilling championships.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pudgy Penguins NFT surpasses Bored Ape in one month: A quick overview of what the PENGU token is
PENGU is the official token of the Pudgy Penguins NFT series and will be launched on the Solana blockchain by the end of 2024. Pudgy Penguins is an NFT project featuring 8,888 unique penguin images, initially released on Ethereum, and has now become the second-largest NFT project by market capitalization. The launch of PENGU aims to expand the community, attract new users, and is planned for deployment on multiple blockchains. The total token supply is 88,888,888,888, allocated to the community, liquidity pools, project team, and others. Solana was chosen to reach a new audience and leverage its fast transactions and low-cost advantages. Summary generated by Mars AI This summary is generated by the Mars AI model, and the accuracy and completeness of its content are still in the process of iterative improvement.

Glassnode: Bitcoin Weakly Fluctuates, Is Major Volatility Coming?
If signs of seller exhaustion begin to appear, a short-term move towards $95,000 and the short-term holder cost basis is still possible.

Should You Still Believe in Crypto
No industry has always been right from the beginning, until it truly changes the world.

Zeus unveils institutional-grade MPC infrastructure blueprint at Solana Breakpoint 2025, enabling Bitcoin to enter Solana’s on-chain capital markets
The focus will now shift to building MPC tools and providing support for developers, driving the creation of more native UTXO applications on Solana.

