Bitget, a leading cryptocurrency exchange and Web3 platform, has earned a prominent feature in CoinDesk’s Market Data Deep-Dive report for its exceptional growth in derivatives trading, liquidity performance, and institutional adoption.
From November 2023 through June 2025, Bitget processed an extraordinary $11.5 trillion in derivatives trades, placing it securely among the top four exchanges worldwide. The report named Bitget the top exchange for ETH and SOL spot depth and second for BTC, recognising its consistent leadership in execution quality. In 2025, Bitget maintained strong momentum, with average monthly trading volumes reaching $750 billion, nearly 90% from derivatives. Even in subdued markets, Bitget has emerged as a critical hub within the digital asset ecosystem.
Institutional engagement continues to accelerate rapidly. In the first half of 2025, institutions contributed 80% of spot activity and 50% of derivatives volumes, leading to a doubling of assets under management within the period. CoinDesk attributes this shift to Bitget’s strategic product enhancements, including a Liquidity Incentive Programme, comprehensive institutional lending offerings, and a unified margin framework launching later this quarter.
Bitget’s native BGB token stood out in the report, ranking as the third most actively traded spot asset, behind BTC and ETH. Its expanding role helped the exchange achieve its highest-ever spot market share of 5.2% in May. Combined, BTC, ETH, and BGB represented 44% of overall spot trading, signalling persistent institutional demand.
CoinDesk further highlighted Bitget’s exceptional liquidity profile, naming it the #1 exchange for ETH and SOL liquidity and #2 for BTC spot depth within 1% of mid-price. Bitget’s average BTC slippage came in at just 0.0074% for $100K trades, ranking it among the top three global performers in execution efficiency.
“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.”
Additionally, the report praised Bitget’s Onchain launch in April 2025, which triggered a 32% monthly surge in spot trading activity. It also underscored Bitget’s leadership in XRP derivatives, its expanding influence across Layer-1 ecosystems and memecoin markets, and its facilitation of rising activity in niche tokens.
By advancing its institutional footprint, strengthening altcoin liquidity, and developing hybrid on-chain/off-chain solutions, Bitget is helping define the next era of global crypto exchange innovation.
