Bitget launches institutional interest-free USDT loan program with volume- and OI-based tiers

Bitget has launched a new interest-free loan program for institutional investors and high-frequency quantitative traders, offering VIP and Pro clients access to USDT borrowing at a base fixed lending rate of 2.8% with fee waivers tied to trading activity or open-interest targets. The program includes four plans spanning volume-based assessments, open-interest-based assessments, a new-user offer, and a fixed-rate option. Under the volume-based plan, eligible clients can obtain interest-free quotas of up to 10 million USDT based on 30-day cumulative trading volume across spot maker, spot taker, futures maker and futures taker activity. The top tier requires 650 million USDT in spot maker volume, 350 million USDT in spot taker volume, 3 billion USDT in futures maker volume, or 850 million USDT in futures taker volume. Lower tiers range down to a 1 million USDT quota, with thresholds starting at 50 million USDT for spot maker, 25 million USDT for spot taker, 150 million USDT for futures maker, or 50 million USDT for futures taker. A separate plan offers interest-free quotas of up to 5 million USDT based on average daily open interest over the past 30 days. That plan sets a 30 million USDT average daily open-interest requirement for the 5 million USDT tier, followed by 18 million USDT for 3 million USDT, 8 million USDT for 2 million USDT, and 4 million USDT for 1 million USDT. Bitget also introduced a new-user plan for clients showing more than 10 million dollars in monthly trading volume on other exchanges. Those users can apply for an initial borrowing limit and, if they meet Bitget trading targets within 30 days, receive a 60-day interest-free period. The plan offers quotas of 200,000 USDT for more than 10 million USDT in 30-day trading volume, 500,000 USDT for more than 25 million USDT, and 1 million USDT for more than 50 million USDT. The offer is capped at 30 places per month on a first-come, first-served basis. A fourth option allows all VIP and Pro accounts to borrow USDT at a fixed 2.80% rate for terms of 30 to 365 days with a minimum borrowing amount of 1 million USDT and no assessment target. Plans 1 to 3 are mutually exclusive, while the fixed-rate plan can be used alongside them. The programs apply to both Institutional Lending and Unified Account Manual Borrowing, though only one of the interest-free assessment products can be selected at a time. Bitget said performance under the assessed plans is reviewed each calendar month, with trading-volume or open-interest checks conducted on the first day of each month. Interest on Institutional Lending accrues daily and is settled monthly, while Unified Account Manual Borrowing accrues hourly and is settled monthly. If targets are met, Bitget waives or refunds interest depending on the product. The exchange also said zero-fee spot promotion pairs are excluded from volume calculations and reserved the right to recall the relevant interest-free loan after three consecutive months of failing to meet targets.