TechFlow News, May 24 — Bitget has released its Transparency Report for April. In April, Bitget's spot trading volume increased by 34.8%, while futures trading volume rose by 61.9%. The platform’s current open interest (OI) stands at $6.22 billion. The number of users engaging in futures trading grew by 23% month-on-month, with 82% of accounts opting for the BTC-USDT trading pair. According to data from The Block, Bitget has emerged as the leader in open interest, capturing 25% of the overall market share.
Earlier, Bitget's futures trading volume surged 146% in the first quarter of 2024, reaching $1.4 trillion. Data from CCData shows that among the top 14 derivatives exchanges, Bitget achieved the highest growth rate at 1.39%.
In April, Bitget launched Poolx (staking) and an innovative product called "Pre-Market Trading" to further meet users' diverse trading needs. Pre-Market Trading debuted with EigenLayer (EIGEN) and Merlin Chain (MERL), offering early access to these markets. Poolx introduced nine staking projects, attracting 133,800 users who collectively staked 300 million USDT and 180 million BGB, with APR returns ranging from 10% to 45%.
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