Bitget Records Over Half a Trillion Monthly Derivatives Average, Tops ETH and SOL Liquidity in CoinDesk Report

Bitget, which CoinMarketCap reports as the world’s sixth-biggest cryptocurrency exchange by market capitalization, has now been discussed inside a newly released CoinDesk Market Data Deep-Dive report. It has been highlighted for its noteworthy performance in terms of trading volume, institutional adoption, and liquidity leadership. 

According to the report, Bitget recorded a cumulative $11.5 trillion in derivatives volume Between November 2023 and June 2025. This has placed it as one of the top four global exchanges. 

The report has also ranked Bitget as a top exchange for ETH and SOL spot depth. For BTC, Bitget ranks 2.  

Bitget has been able to keep up the momentum throughout 2025, and has an average monthly volumes close to $750 billion. Nearly 90% of this volume has come from derivatives.

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 has also been one of the highlights. 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%. BTC, ETH, and BGB combined accounted for 44% of spot activity, which shows that BGB has been gaining stable traction among institutional players.

Bitget’s liquidity footprint has also been one for the books. 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.