Bitget Q1 Report: The total trading volume in the first quarter reached $2.08 trillion, with a 159% quarter-on-quarter increase in spot trading

ChainCatcher news, Bitget recently released its transparency report for the first quarter of 2025. The data shows that the total number of global ecological users on the platform has exceeded 120 million, an increase of nearly 20% compared to the previous quarter. The total trading volume for the quarter reached $2.08 trillion, with spot trading volume increasing by 159% year-on-year, reaching $387 billion.

In terms of platform activities, Bitget Launchpool launched multiple projects this quarter, including Elixir Network (ELX) and Story Protocol (IP), while RedStone (RED) and Babylon (BABY) were the first to launch pre-market trading. Additionally, 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 quality projects and acquire tokens. WCT has recently been listed on Binance Launchpool and will launch spot trading pairs on April 15.

Regarding asset security, Bitget's Proof-of-Reserves has consistently maintained above 130%. The platform's protection fund size grew from $495 million in January to $514 million in March.