Crypto exchange Bitget confirms its status among leaders, reaching the fourth position globally with a trading volume of $11.5 trillion.
Bitget's Derivatives Trading Volume
Bitget has become one of the four largest crypto exchanges in the world with a trading volume of $11.5 trillion in derivatives between November 2023 and June 2025. This achievement indicates the significant influence of the platform in institutional and retail sectors, as well as the increase in liquidity and trading of assets like ETH, SOL, and BTC.
Ethereum and Solana Impact the Market
Bitget's rise to the fourth position in the global rankings has affected institutional investment strategies. Ethereum and Solana have seen significant increases in trading volume on the platform, contributing to Bitget's strengthened market position. Gracy Chen, Managing Director of Bitget, stated, 'Our commitment to innovation in derivatives and institutional services has enabled us to create a robust platform for both retail and institutional participants, driving significant trading volume and liquidity.'
Comparison with Other Major Exchanges
Bitget's rise mirrors the previous successes of major exchanges like Binance and OKX, which also expanded rapidly by targeting institutional involvement and liquidity enhancements. Future growth appears likely, as past trends suggest continuous expansion in trading volumes, allowing Bitget to further challenge established competitors.
Bitget demonstrates significant growth in the cryptocurrency market, which could shift competition dynamics among crypto exchanges due to innovations and a focus on liquidity.
