Bitget's spot and futures market volumes reached $59 billion and $658 billion in Q1

Bitget released its quarterly transparency report, announcing a series of relevant figures, including an increase in Bitget's reserve ratio from 223% as of December 20, 2022 to 246% as of April 3, 2023, and an increase in the value of the Bitget Protection Fund from $300 million at its inception to $380 million.

In addition, Bitget's spot and futures market volumes reached $59 billion and $658 billion, respectively, with spot volumes up 8% and futures volumes up 27% YoY, BGB holders up 146% in three months, and total user revenue generated through Bitget follow-on trades reaching $41 million in the first quarter.