Bitget Wallet Sees Surge in On-Chain Activity by 2025
Bitget Wallet concluded the year 2025 with a notable rise in on-chain engagement across trading, payment, and yield products, signaling that self-custodial wallets are evolving into essential financial tools rather than niche products aimed solely at crypto traders. Recent data reveals a gradual transformation in user behavior, suggesting a shift in adoption from early, trading-centric users toward more conventional financial applications. This information stems from internal analytics shared in a press release to Invezz, highlighting a consistent uptick in wallet utilization even as the overall crypto market exhibited a slowdown towards the year’s end. This trend demonstrates a growing separation between the prevailing market sentiment and actual cryptocurrency use, particularly in payment-related sectors and stablecoin transactions.
Rise in Decentralised Trading Activities
The blockchain trading landscape experienced a remarkable increase throughout 2025. The monthly swap trading volume on Bitget Wallet exceeded $900 million, marking a staggering 232% rise compared to the previous year. Users increasingly turned to decentralized exchange routing, enabling access to a broader array of assets across multiple blockchains, which reflects a growing demand for on-chain liquidity and efficient trading execution. Similarly, derivatives trading showed a positive trend, with monthly perpetual futures trading volume surpassing $5 billion, a 291% year-over-year increase. This shift signifies a broader industry movement towards decentralized perpetual markets. Notably, the ratio of decentralized to centralized perpetual futures trading volume reached a record high of 18.7%, underscoring a significant transition toward transparent, on-chain derivatives trading as decentralized technologies advance.
Payments Gain Traction in Everyday Use
By 2025, payments emerged as a key contributor to wallet usage. Monthly expenditures using the Bitget Wallet Card surged more than six times since its introduction in July, reflecting a broader increase in retail-oriented stablecoin transactions. Global stablecoin transaction volumes were projected to reach $46 trillion annually, highlighting the substantial scale of payment-related crypto movements. To enhance its payment services, Bitget Wallet introduced several features this year, including card-based spending, national QR payment systems, direct bank transfers in specific regions, and in-app cryptocurrency shopping. These advancements signify ongoing efforts to integrate cryptocurrency payments into everyday retail and financial activities, with wallets serving as tools for spending, storing, and exchanging digital assets.
Stablecoin Yields Drive Interest in On-Chain Revenues
Interest in on-chain yield products rose in tandem with trading and payment activities. Bitget Wallet’s Earn offerings recorded quarterly membership volumes approaching $200 million, marking a more than tenfold increase since early 2025. This growth was primarily fueled by stablecoin-centric yield offerings and collaborations with recognized decentralized finance (DeFi) technologies. As market conditions became more cautious, there was a noticeable uptick in demand for reliable on-chain returns. Concurrently, the popularity of decentralized finance surged, with the total value locked in DeFi protocols exceeding $161 billion in the third quarter of 2025—one of the highest figures observed outside previous market highs—demonstrating ongoing engagement with on-chain financial services.
Wallets Evolving into Financial Hubs
“The data from 2025 indicates a distinct change in wallet functionality,” stated Jamie Elkaleh, chief marketing officer of Bitget Wallet. Wallets are increasingly being utilized as everyday financial applications, where users can trade, spend, and manage their assets directly on-chain. With over 80 million users globally, Bitget Wallet positions itself as a comprehensive self-custodial platform that integrates trading, payments, and yield generation. The platform enables users to send, spend, earn, and trade cryptocurrencies and stablecoins, offering global on- and off-ramps with full asset custody. Looking ahead to 2026, the company aims to capitalize on the trends observed in 2025 by broadening payment access, supporting a wider range of tokenized assets, and further reducing friction in on-chain financial activities. As wallets continue to blend trading, spending, and asset management capabilities, research indicates they will increasingly play a pivotal role in the mainstream adoption of cryptocurrency-based financial services.
