Bitget Surges to Second-Largest Ethereum Liquidity Depth in H1 2026
Bitget has reported significant gains in Ethereum (ETH) and Bitcoin (BTC) liquidity depth, according to a recent report by CoinGlass. In the first half of 2026, Bitget placed second in ETH liquidity depth with $81.37 million in order-book depth within 1% of the mid-price, accounting for 21.4% of the total liquidity measured across surveyed exchanges.
This figure is a notable achievement, especially considering the overall slowdown in derivatives trading during this period. The report notes that average daily open interest decreased by 10%, while total derivatives trading volume decreased by 15.7% year over year.
Bitget CEO Gracy Chen emphasized the importance of order-book depth and execution quality for market players, stating, 'Even when overall trading activity moderates, the derivatives markets remain sensitive to volatility.'
The report also highlights Bitget's growing presence in tokenized traditional finance products outside of cryptocurrency markets. The exchange recorded $66.41 billion in TradFi perpetual contract volume during H1 2026, or a 5.5% share.