Bitget, a top-tier cryptocurrency exchange and Web3 powerhouse, has been recognised in CoinDesk’s newly released Market Data Deep-Dive report for its impressive growth in trading activity, institutional engagement, and liquidity dominance.
From November 2023 to June 2025, Bitget processed a cumulative $11.5 trillion in derivatives trading, securing its position among the top four global exchanges. The report also ranks Bitget as the leading exchange for ETH and SOL spot depth and second for BTC, underscoring its status as a global leader in execution quality. In 2025 alone, monthly averages reached $750 billion, with derivatives driving nearly 90% of that volume. Despite a cooling market, Bitget has evolved into a structurally vital platform known for scale, stickiness, and institutional strength.
Institutional adoption is surging. In the first half of 2025, 80% of spot volumes and 50% of derivatives trades came from institutions, doubling assets under management year-to-date. CoinDesk attributes this shift to Bitget’s advanced product innovations, including its Liquidity Incentive Programme, institutional lending solutions, and a unified margin system set to launch later this quarter.
Bitget’s native BGB token earned special mention, ranking as the third most traded spot asset behind BTC and ETH. Its rising volume helped Bitget secure a record 5.2% spot market share in May. Together, BTC, ETH, and BGB accounted for 44% of overall spot activity, a strong indicator of growing institutional demand.
Liquidity leadership remains a key differentiator. CoinDesk ranked Bitget #1 for ETH and SOL liquidity and #2 for BTC spot depth within 1% of the mid-price, outperforming many top competitors. For $100K BTC trades, Bitget posted an average slippage of just 0.0074%, placing it in 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 report also highlights Bitget’s Onchain launch in April 2025, which drove a 32% month-on-month rise in spot volumes. It further noted Bitget’s XRP derivatives leadership, growing influence in Layer-1 and memecoin sectors, and the platform’s role in enabling breakout activity among niche tokens.
With its expanding institutional reach, deeper altcoin markets, and pioneering hybrid on-chain/off-chain liquidity, Bitget is setting the pace for the next phase of exchange evolution.