Bitget Q1 Report: Total Trading Volume Reached $2.08 Trillion in Q1, Spot Trading Up 159% QoQ

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ChainCatcher 链捕手
BABY+5.23%
WCT-49.73%

ChainCatcher News, Bitget recently released its Q1 2025 Transparency Report. According to the data, the total number of global ecological users of the platform has exceeded 120 million, an increase of nearly 20% from the previous quarter. Total quarterly trading volume reached $2.08 trillion, with spot trading volume up 159% year-over-year to $387 billion.

In terms of platform activity, Bitget Launchpool launched a number of projects during the quarter, including Elixir Network (ELX) and Story Protocol (IP), while RedStone (RED) and Babylon (BABY) were the first to launch pre-market trading.  In addition, Bitget LaunchX listed WalletConnect (WCT) on February 17, distributing 20 million WCT tokens at a fixed price of $0.2, providing users with the opportunity to participate in the early growth of high-quality projects and acquire tokens. WCT has recently launched on Binance Launchpool and will launch spot trading pairs on April 15.

In terms of asset security, Bitget's Proof-of-Reserves has always been maintained at more than 130%. The platform protection fund grew from $495 million in January to $514 million in March.

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