Key facts
- Bitget recorded nearly $70 billion in TradFi perpetual trading volume in Q2 2026.
- Bitget launched the first TradFi Quanto Perpetual Futures for trading non-U.S. stocks using USDT as collateral.
- The new contracts allow traders to avoid currency conversion and foreign exchange risk.
- The MINIMAXHKDUSDT contract, tied to MiniMax, is available with up to 20x leverage.
- TradFi perpetuals represented 8.61% of Bitget's derivatives trading volume in Q2 2026.
In the second quarter of 2026, Bitget recorded nearly $70 billion in trading volume for traditional finance (TradFi) perpetual products, positioning itself as a leading platform in this segment according to a TokenInsight report. This growth is partly driven by the exchange's Universal Exchange strategy, which integrates crypto and traditional financial markets.
Bitget has now launched what it claims is the first TradFi Quanto Perpetual Futures product, enabling users to trade select non-U.S. stocks using USDT as collateral. The initial offering, MINIMAXHKDUSDT, tied to the AI firm MiniMax, allows for up to 20x leverage. This product aims to eliminate currency conversion and foreign exchange risks for traders, as gains and losses are settled in USDT.
Gracy Chen, CEO of Bitget, highlighted that this innovation removes a key barrier for global traders, allowing them to trade international stocks as easily as cryptocurrencies. The launch coincides with a significant increase in perpetual trading activity, with monthly volumes for TradFi perpetuals growing substantially from January to June 2026. TradFi perpetuals accounted for 8.61% of Bitget's total derivatives trading volume during the quarter. Despite this growth in specific segments, overall crypto exchange trading volume declined to $16.5 trillion in Q2 2026, though spot trading saw a rebound.