PANews, April 14 - Bitget recently released its Q1 2025 Transparency Report. The data shows that the total number of global ecosystem users has surpassed 120 million, an increase of nearly 20% compared to the previous quarter. The total quarterly trading volume reached $2.08 trillion, with spot trading volume increasing by 159% year-on-year, reaching $387 billion.

In terms of platform activities, Bitget Launchpool launched several projects in this quarter, including Elixir Network (ELX) and Story Protocol (IP), while RedStone (RED) and Babylon (BABY) were the first to be available for pre-market trading. Additionally, Bitget LaunchX launched WalletConnect (WCT) on February 17, distributing 20 million WCT tokens at a fixed price of $0.2, giving users the opportunity to participate in the early growth of high-quality projects and obtain tokens. WCT has recently been listed on Binance Launchpool and will have a spot trading pair available on April 15.

Regarding asset security, Bitget's Proof-of-Reserves has consistently remained above 130%. The scale of the platform protection fund increased from $495 million in January to $514 million in March.