Bitget Logs $1.78 Billion in October Inflows, Ranks Second Globally After Binance

Mila NovakMila NovakNewsCryptoDeFi1 month ago

  • Bitget reported $1.78 billion in October inflows, ranking No. 2 globally after Binance, per DefiLlama.
  • Institutional liquidity surged to $23.1 billion, with market-maker activity jumping to 56.6% on futures markets.
  • Bitcoin reserves rose 6%, while Bitget expanded into US stock futures, multichain wallet upgrades, and AI-driven engagement through “Ask Satoshi.”

Bitget has reported $1.78 billion in net inflows for October 2025, ranking second globally after Binance, according to data from DefiLlama.

The figures come from Bitget’s October 2025 Transparency Report, which revealed an unprecedented rise in institutional activity and product innovation across its ecosystem. A joint study conducted with Nansen found that institutional participation on Bitget’s spot markets surged from 39.4% in January to 72.6% by July, while futures market-maker activity jumped from 3% to 56.6% over the same period.

Source: X (@bitget)

Bitget’s total reserves rose to $7.83 billion, while Bitcoin holdings increased by 6%, from 28.6K BTC to 30.3K BTC, bucking the industry-wide decline in centralized exchange reserves.

“Our evolution as a Universal Exchange is guided by constant progression and a drive to serve our users better,” said Gracy Chen, CEO of Bitget. “From institutional liquidity and tokenized markets to AI-powered trading and cultural activations, every milestone brings us closer to a more open and intelligent financial future.”

The report highlighted Bitget’s deepening institutional footprint, with $23.1 billion in institutional liquidity flowing through its platform in recent months. Nansen’s analysis ranked Bitget among the top two global exchanges by institutional volume across BTC, ETH, SOL, and XRP pairs, underscoring the exchange’s expanding influence among professional traders.

On the product side, Bitget’s U.S. Stock Futures surpassed $1 billion in cumulative volume, allowing users to trade synthetic perpetual contracts tied to equities like Apple, Tesla, and NVIDIA.

Meanwhile, the platform’s AI assistant, GetAgent, launched “Ask Satoshi”, an interactive experience simulating conversations with Bitcoin’s anonymous creator to mark the 17th anniversary of the Bitcoin Whitepaper.

The Bitget Wallet also advanced its multichain capabilities by introducing gas abstraction, allowing users to pay transaction fees in USDT, USDC, or BGB across multiple networks. Integrations with HyperEVM and Plasma further strengthened cross-chain accessibility.

Beyond technology, Bitget continued expanding its education and impact initiatives. CEO Gracy Chen joined UNICEF’s Global Game Jam to mentor young developers, while collaborations with Google Developer Group at KU Leuven combined blockchain and AI under the “AI Accelerate Hack” initiative.

Founded in 2018, Bitget now serves over 120 million users across 130+ blockchains, offering millions of digital and tokenized assets. The company’s Universal Exchange (UEX) model, merging centralized precision with decentralized innovation, continues to position Bitget as a pioneer in the convergence of traditional finance, DeFi, and real-world assets.


Editorial Note: This news article has been written with assistance from AI. Edited & fact-checked by the Editorial Team.

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