Ethereum News Today: Institutional Trust Drives Bitget to Derivatives Dominance

Bitget, one of the world’s largest cryptocurrency exchanges, has climbed into the global top four in derivatives trading volume, recording a cumulative $11.5 trillion in trades since November 2023, according to a CoinDesk Market Data Deep-Dive report. This surge in activity has solidified the platform’s position as a leader in liquidity and execution quality across major assets, with average monthly derivatives volume reaching $750 billion in the first half of 2025. Nearly 90% of this trading volume stemmed from derivatives activity, with institutional participation playing an increasingly dominant role in the exchange’s growth.

The report highlights how Bitget’s institutional adoption has accelerated, with 80% of spot volume and 50% of derivatives volume attributed to institutional players in H1 2025. This institutional adoption has coincided with a doubling of assets under management year-to-date, signaling growing confidence in the platform’s infrastructure and product offerings. Bitget’s upgrades—such as a Liquidity Incentive Program, institutional lending, and a unified margin system—have further cemented its appeal to sophisticated traders and institutional clients.

In addition to derivatives, spot trading has also gained momentum, driven by the launch of Bitget’s Onchain platform in April 2025. Spot volumes increased by 32% month-on-month to $102.8 billion in May 2025, pushing the exchange’s spot market share to 5.2%. The exchange’s native token, BGB, emerged as a key driver of spot trading, ranking third in trading activity behind BTC and ETH. Collectively, BTC, ETH, and BGB accounted for 44% of H1 spot trading volume.

Bitget’s leadership in liquidity depth was underscored by its rankings as the top exchange for ETH and SOL spot depth within 1% of the mid-price and second for BTC. For example, the exchange’s average BTC slippage for $100,000 trades was just 0.0074%, placing it among the top three globally for execution quality. These metrics reflect Bitget’s commitment to providing reliable and efficient trading infrastructure, which is particularly important for large institutional orders.

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

The exchange has also continued to expand its product suite and market influence, with recent initiatives such as hybrid on-chain/off-chain liquidity models and enhanced altcoin depth further differentiating it from competitors. With these developments, Bitget has positioned itself not only as a derivatives leader but also as a key player in the broader crypto ecosystem, supporting both retail and institutional traders with a robust, scalable platform.