Bitget, a crypto exchange, said on August 11 it will commit US$300 million through Project Archimedes to quantitative trading firms, market makers, and asset managers.

The program includes a US$100 million pool for emerging quantitative firms running market-neutral strategies, and US$200 million in interest-free funding for established institutions that meet Bitget’s trading volume or position requirements.

Bitget said it aims to support more than 50 firms over the next six months, subject to strategy assessments, due diligence, and drawdown reviews.

The move comes as Bitget accounted for about a 9.5% share of global crypto derivatives trading in 2025, with US$8.17 trillion in volume and a US$25.2 billion daily average, according to a CoinGlass annual report reposted by Bitget Academy.

Other crypto exchanges already offer rebates and colocation to attract market makers.

Regulators are scrutinizing manipulative trading and artificial volume in crypto liquidity provision.

🔗 Source: Bitget

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