List of Flash News about BGB burn
Time | Details |
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2025-09-10 12:31 |
Bitget August 2025 Transparency Report: $750B Derivatives Volume, BTC $10B+ OI, ETH $6B OI, RWA Index Perps, 60M BGB Burn Boost Trading Liquidity
According to @EmberCN, Bitget’s August 2025 transparency report highlights that monthly derivatives turnover reached about $750 billion with an average daily volume above $20 billion, and a 12.4% market share reported by the exchange, placing it among the top platforms for crypto futures trading; source: Bitget August 2025 Transparency Report on Bitget blog. BTC open interest on Bitget exceeded $10 billion and ETH open interest reached roughly $6 billion, indicating capacity to absorb larger positions with lower impact cost; source: Bitget derivatives metrics dashboard and Bitget August 2025 Transparency Report. Bitget also launched what it states is the industry’s first RWA index perpetual contract and completed a burn of 60 million BGB, tightening native token supply and expanding product breadth; source: Bitget official announcements in August 2025. Spot trading in MYX on Bitget approached roughly $200 million in daily volume with a dominant venue share, concentrating execution and liquidity on the exchange; source: Bitget MYX spot market data as of September 10, 2025. For traders, the combination of high OI and concentrated spot volume typically supports tighter spreads, lower slippage, and more stable funding for hedging and basis strategies in BTC, ETH, and MYX on Bitget; sources: Bitget August 2025 Transparency Report and Bitget exchange market data. |