PANews reported on April 14 that Bitget recently released its transparency report for the first quarter of 2025. Data shows that the total number of global ecosystem users on the platform has exceeded 120 million, an increase of nearly 20% from the previous quarter. The total trading volume in the quarter reached 2.08 trillion US dollars, of which spot trading volume increased by 159% year-on-year to 387 billion US dollars.
In terms of platform activities, Bitget Launchpool launched several projects this quarter, including Elixir Network (ELX) and Story Protocol (IP), while RedStone (RED) and Babylon (BABY) were the first to go online for pre-market trading. In addition, Bitget LaunchX launched 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 obtain tokens. WCT has recently been launched on Binance Launchpool and will be launched on spot trading pairs on April 15.
In terms of asset security, Bitget's Proof-of-Reserves has always remained above 130%. The size of the platform protection fund has increased from US$495 million in January to US$514 million in March.
