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Bitget and Bitcoin.com released a report showing Bitget's derivatives market share rose to 7.2%, making it the third-largest exchange globally.
Bitget has become the third-largest cryptocurrency derivatives exchange globally by trading volume, according to a new report co-released with Bitcoin.com [1]. The educational guide highlights Bitget’s rapid market expansion, noting its share doubled to 7.2% in 2025 from 4.6% at the start of the year [1]. This growth places the platform behind only Binance and OKX in the competitive derivatives landscape [1].
Key takeaways
The "Crypto Derivatives 101" report details Bitget’s ascent, noting the exchange processed $92 billion in futures volume in April 2025 [1]. While Binance continues to lead the sector with a 38% market share, Bitget claims to have surpassed the leader in liquidity for ETH-based derivatives within specific trading ranges [1]. Gracy Chen, CEO of Bitget, stated the guide aims to demystify complex instruments for new users and empower both retail and institutional participants [1].
The report attributes Bitget's rise to strong retail engagement and increasing institutional preference [1]. It positions the exchange as a leader offering a user-first approach backed by AI-powered tools and liquidity innovations [1]. Bitget currently trails only Binance and OKX in global rankings by trading volume [1].
The report provides a breakdown of core instruments such as futures, options, and perpetual swaps, explaining their use in hedging, speculation, and arbitrage [2]. It contrasts centralized exchanges (CEX) like Bitget, Binance, and OKX with decentralized platforms (DEX) such as GMX and Hyperliquid [2]. While CEXs are highlighted for liquidity depth and institutional readiness, DEXs are noted for offering transparency and self-custody [2].
Real-world scenarios in the guide suggest that retail traders managing small-cap positions may benefit from Bitget’s interface and fiat on-ramps, while DeFi-native users might prefer DEXs for anonymity [2]. Institutions executing large block trades are shown to favor CEXs for capital efficiency and regulatory compliance [2]. The report also identifies trends shaping the market, including the integration of tokenized real-world assets (RWAs) and the expansion of AI-powered trading platforms [2].
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Jun 12, 2026 · How we report
Spot trading involves the direct purchase and ownership of the underlying cryptocurrency, whereas derivatives allow traders to speculate on price movements without owning the asset itself.
Perpetual contracts are a type of derivative similar to futures but without an expiration date, allowing traders to hold positions indefinitely while tracking the spot market price.
Leverage allows investors to control larger asset positions with a smaller amount of capital, though it increases the risk of liquidation if market conditions move against the position.
The release emphasizes that education remains a significant barrier to entry in the crypto industry, despite the sector's growing legitimacy [2]. Eli Bordun of Bitcoin.com noted that derivatives are increasingly relevant for everyday users, DAOs, and traditional financial players, not just professionals [2]. As derivatives become more central to digital finance, Bitget aims to position itself as a bridge connecting new users to these financial tools [2].
Hedging is used by market participants to protect against potential price fluctuations and manage risk within their cryptocurrency portfolios.