Bitget US Stock Futures Top $10B as Traders Rush to Tokenized Equities
Bitget’s US stock futures trading volume surged to $10 billion, hitting the milestone shortly after passing $5 billion, reflecting rapid adoption of its tokenized-equity products amid a bullish US equities backdrop. The exchange offers USDT‑margined perpetual futures on 30+ US stocks with up to 25x leverage and a base fee of 0.0065%, and is temporarily applying a 90% fee reduction on stock futures through January 31 to spur trading. Top-traded contracts include Tesla (TSLA) at $2.72B, Meta (META) at $2.14B and MicroStrategy (MSTR) at $1.45B, underscoring strong demand for crypto-native execution of equity exposure. Earlier reports noted a smaller milestone ($200M) and an initial product mix of 25 stocks and tokenized shares such as Apple and Amazon; Bitget has since expanded its offering and integrated these instruments into its Universal Exchange (UEX) strategy — combining tokenized stocks, crypto derivatives and AI tools under a single account. The growth improves on‑ramp access for crypto traders to US equities but raises risk considerations: high leverage (up to 25x), counterparty and custody risk, and temporary incentives that may inflate short-term volumes. Traders should weigh liquidity, margin requirements and hedge strategies when using tokenized stock futures.
Bullish
The news is bullish for crypto trading activity tied to tokenized equities because a rapid increase to $10B in futures volume signals strong trader demand and higher on‑chain/off‑exchange activity. Higher volumes and promotional fee cuts typically increase liquidity and bidirectional flow, which supports tighter spreads and greater tradability of tokenized stock contracts — positive for short‑term trading opportunities. Listing many large-cap US stocks (TSLA, META, MSTR) and offering up to 25x leverage attracts both retail and speculative traders, likely amplifying volume and momentum in the near term. However, the bullish effect is nuanced: high leverage and temporary fee incentives can magnify volatility and tail risk, and counterparty or custody concerns could curb institutional adoption longer term. For price impact on the mentioned tokens (the tokenized stock contracts and related trading activity), the immediate net effect is positive due to increased demand and liquidity, but sustainability depends on risk management, regulatory clarity and whether volumes persist after incentives end.