- Bitget’s USDT-margined futures cover 25 US stocks with up to 25x leverage and fees at or below 0.06%.
- The platform launched stock futures in September and recently expanded with Netflix, JD.com, and QQQ index futures.
- The surge aligns with a US equities rally driven by AI advancements and robust Q3 corporate earnings reports.
Bitget’s US Stock Futures surpassed $1 billion in cumulative trading volume, according to an announcement on Nov. 6. The milestone represents a doubling of momentum in two weeks and reflects market adoption of the exchange’s stock-linked derivatives.
Traders concentrated their activity in AI and technology stocks, with Tesla recording $380 million in trading volume, Strategy reaching $262 million, and Apple hitting $87 million, according to an announcement. The exchange previously reported $200 million in cumulative volume on Oct. 20.
Trading Volume Milestone
Bitget launched USDT-margined perpetual futures in September, offering derivatives on 25 leading US stocks. The products provide up to 25x leverage with fees at or below 0.06%. The exchange lists stocks across various sectors, including technology, finance, consumer goods, and industrial sectors, with notable companies such as Amazon, Meta, and NVIDIA. Trading operates on a 24/5 schedule from Monday to Saturday.
The exchange clarified in its service agreement that stock futures do not represent actual ownership of underlying stocks and are not classified as securities. The products are restricted in the United States, Canada, Hong Kong, and Singapore due to regulatory requirements.
Product Details and Market Expansion
The exchange expanded its stock-linked product suite with NFLXUSDT, FUTUUSDT, JDUSDT, RDDTUSDT, and QQQUSDT stock index perpetual futures. Bitget categorizes these offerings as Real World Asset products for global traders.
The volume surge coincides with a rally in US equities driven by AI advancements and a robust Q3 earnings season. CEO Gracy Chen stated the $1 billion mark shows traders are adopting stock futures as part of a unified digital trading experience.
The exchange serves over 120 million users through its Universal Exchange framework, which integrates centralized, decentralized, and tokenized markets on a single platform. The stock futures operate within a derivatives infrastructure with crypto-native execution and hourly funding fee settlements.
