Bitget US Stock Perpetual Futures Surpass $10 Billion in Trading Volume

Bitget reports a surge in tokenized US stock trading, with East Asian traders driving nearly 40% of activity and futures volume rising sharply for Tesla, Meta, and MicroStrategy.

Summary

Bitget announced that tokenized US stock trading saw a sharp increase between mid-October and late November, with spot volumes jumping 452% and futures volumes soaring 4,468%. East Asian traders accounted for 39.66% of total activity, and futures trading was dominated by Tesla, Meta Platforms, and MicroStrategy. Overall, Bitget’s U.S. stock perpetual futures have exceeded $10 billion in cumulative trading volume, with Tesla at $2.72 billion, Meta at $2.14 billion, and MicroStrategy at $1.45 billion. The exchange continues to offer a 90% trading fee discount until January 31, 2026.

Terms & Concepts
  • Perpetual Futures: A type of futures contract without an expiry date, allowing continuous trading and often using funding rates to anchor prices to the spot market.
  • Trading Volume: The total value or quantity of financial instruments traded during a specific period, reflecting market activity and liquidity.
  • MicroStrategy: A U.S.-based business intelligence company known for significant corporate investment in Bitcoin.