According to CoinGlass’ most recent assessment on the performance of the cryptocurrency futures market, Bitget has solidified its place as one of the leading liquidity providers for Bitcoin and Ethereum options trading in the first half of 2026. The findings come after a general fall in derivatives trading activity throughout the sector, with improved execution quality and depth becoming increasingly crucial.
Bitget’s Ethereum order-book size for the ±1% range has the second-largest depth, according to the research. The exchange has $81.37 million in ETH liquidity, or 21.4% of all the exchanges examined. Only Binance was better than Bitget.
With a margin of ±1% from the mid price of Bitcoin, Bitget was placed fourth in terms of order book depth with $71.70 million. This represented 13.4% of the total liquidity on all of the trading platforms that were mentioned.
Additionally, CoinGlass indicated that trading conditions during the first half of this year were on the decline. In H1 2026, open interest and average daily trading volume for bitcoin futures decreased by 10.0% and 15.7%, respectively, year over year. The necessity for deep liquidity to complete deals was further underlined by the fact that the fall in open interest was smaller than the trading volume, indicating that market participants bought and sold contracts amid slow trading activity.
CoinGlass 2026 H1 Crypto Market Report is live.
Key insights from the market:
Crypto derivatives reached US$35.08 trillion, averaging US$193.8 billion per day, down 15.7% from US$41.60 trillion in the same period of 2025.
Binance remains the largest derivatives exchange by… pic.twitter.com/EEgk8RyTeR
— CoinGlass (@coinglass_com) July 23, 2026
Source: Coinglass.com
“Even when overall trading activity moderates, the derivatives markets remain sensitive to volatility,” said Bitget CEO Gracy Chen. “In this context, liquidity depth has emerged as a key indicator of exchange performance and trust.”
Furthermore, Bitget reported an increase in institutional engagement on its platform. Internal data shows that by December 2025, 82% of the exchange’s spot trading activity came from institutional investors. Earlier this month, the business announced improvements to its PRO and Liquidity Incentive Programs, including changes to the trading cost, market-making incentive, and liquidity assistance offers on all traditional financial market and digital asset products.
Bitget’s expansion in the conventional banking sector goods was also noted in the CoinGlass study. The exchange reported $66.41 billion in TradFi perpetual contract trading volume in the first half of 2026, which accounts for 5.5% of the trading volume of the five exchanges in the category.
As Bitget develops its Universal Exchange model across the cryptocurrency, tokenized asset, and traditional financial markets, the figures show the increasing market demand for exposure to traditional markets through its crypto-native trading infrastructures.
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