Bitget Climbs to Top 3 in Global Crypto Derivatives, Doubling Market Share in 2025

Bitget’s rapid growth reshapes the crypto derivatives landscape

Bitget has secured its position as the third-largest crypto derivatives exchange worldwide, according to a new report from Bitcoin.com. The educational report, titled Crypto Derivatives 101 – Market Breakdown: Who’s Winning the Race?, points to Bitget’s significant leap in market share—from 4.6% at the start of the year to 7.2%—as one of the most notable developments in the sector so far this year.

In April 2025 alone, Bitget processed $92 billion in futures volume. While Binance remains the market leader with 38% and OKX holds the second position, Bitget’s momentum reflects growing engagement from both retail and institutional users. The report specifically highlights Bitget’s strength in ETH-based derivatives, where it has reportedly overtaken Binance in terms of liquidity within strategic trading bands.

“We believe educational access is foundational. Crypto derivatives have often been misunderstood or seen as overly complex, especially by new users. With this guide, we aim to change that. We want to make sure that both retail and institutional users feel empowered to understand, navigate, and leverage the powerful tools available to them. Bitget is proud to be leading this industry with a user-first approach, backed by AI-powered tools, liquidity innovations, and a commitment to transparency and accessibility.” — Gracy Chen, CEO at Bitget

Top 3 highlights from the Bitcoin.com report

1. Bitget’s market share doubled to 7.2% in 2025.
   Making Bitget the third-largest global crypto derivatives exchange by volume, with $92 billion traded in April alone.
   
2. ETH-based derivatives liquidity on Bitget outpaced Binance in certain key trading ranges.
   This reflects growing institutional preference for the platform.
   
3. The report identifies AI-powered tools and retail-friendly features as critical factors behind Bitget’s surge, alongside its balanced CeDeFi approach for broader user appeal.

Education and infrastructure meet in a user-first strategy

The report serves dual purposes: it educates new market entrants and offers a deep dive into comparative exchange infrastructure. It explains fundamental instruments such as futures, perpetual swaps, and options, while providing real-world case studies to help users determine which platform best suits their needs.

Bitget, Binance, and OKX led among centralized exchanges in liquidity depth and tools suited to institutional use. In contrast, DEX platforms like GMX and Hyperliquid were noted for their transparency and self-custody options for DeFi-native traders. Bitget’s intuitive interface, low fees, and strong fiat on-ramps were cited as particularly useful for retail users, while institutional players benefit from improved capital efficiency and regulatory alignment.

Bitcoin.com’s Eli Bordun called education the “key barrier” in further crypto adoption.

“Derivatives are often seen as tools for professionals — but they’re increasingly relevant for everyday users, DAOs, and traditional finance players.” — Eli Bordun, Partnership Director of Bitcoin.com

The report also touched on broader industry shifts. Tokenized real-world assets (RWAs), AI-powered trading systems, and evolving CeDeFi models are shaping how users interact with derivatives. Regulatory clarity—such as frameworks from the EU’s MiCA and Singapore’s MAS—is also contributing to the sector’s maturation.

The bottom line

Bitget’s rise to a top-three global ranking in crypto derivatives underscores more than trading volume—it marks a shift in user trust, platform design, and strategic focus. As the space grows more competitive and complex, Bitget appears to be carving out a distinctive position by combining educational tools with scalable infrastructure tailored to both newcomers and institutions. With market dynamics evolving quickly, Bitget’s trajectory could signal broader trends to watch in the second half of 2025.