Bitget Dominates Crypto Derivatives Market with Record Liquidity Depth

Bitget has solidified its position as a leading player in the cryptocurrency derivatives market. According to the CoinGlass 2026 Semi-Annual Cryptocurrency Derivatives Market Report, Bitget ranked second in Ethereum (ETH) liquidity depth in H1 2026, with a share of 21.4% among listed venues.

The exchange also performed well in Bitcoin (BTC) derivatives, ranking fourth with a share of 13.4%. Total crypto derivatives volume was down 15.7% year over year in H1 2026, while average daily open interest declined by 10.0%, highlighting the importance of liquidity depth and execution quality.

Bitget's CEO Gracy Chen noted that 'the derivatives markets remain sensitive to volatility even when overall trading activity moderates.' To address this challenge, Bitget has upgraded its framework for its PRO and Liquidity Incentive Programs in early July, improving trading cost structures, liquidity incentives, and market-making conditions.

The report also showed Bitget's expanding footprint in traditional financial (TradFi) trading products. In H1 2026, Bitget recorded $66.41 billion in TradFi perpetual contract volume, representing a 5.5% share among the five sampled exchanges.