Bitget Wallet, a prominent everyday finance application, has reported a significant increase in on-chain activity throughout 2025, indicating a notable transformation in how users interact with cryptocurrency. The data reveals that as adoption spreads, the usage of self-custodial wallets is evolving beyond mere trading to encompass a broader range of financial functions, including spending and asset management.
Growth in On-chain Activity
During the past year, on-chain trading activities saw substantial growth. Monthly swap trading volume on Bitget Wallet surpassed $900 million, reflecting a remarkable 232% year-on-year increase. This rise highlights users’ growing reliance on decentralized exchange routing to access a more extensive array of assets across various blockchain networks. Similarly, the monthly volume for perpetual trading approached $5 billion, marking a 291% increase compared to the previous year. This trend aligns with a broader industry shift toward decentralized perpetual markets, where the ratio of decentralized to centralized perpetual futures trading volume has tripled, now standing at a record 18.7%.
As the year progressed, payments emerged as a crucial driver of wallet usage. The spending volume via the Bitget Wallet Card increased more than sixfold since its launch in July 2025. This surge aligns with a general rise in retail-focused stablecoin transactions, which collectively reached an estimated $46 trillion annually. Throughout the year, the wallet expanded its payment capabilities to include card-based spending, national QR payment systems, direct bank transfers in select markets, and in-app crypto shopping, showcasing significant advancements in integrating crypto payments into everyday financial transactions.
Rising Demand for Yield Products
Alongside the increase in spending activity, the demand for on-chain yield products also saw considerable growth. Bitget Wallet’s Earn products experienced quarterly subscription volumes nearing $200 million, expanding more than tenfold since the beginning of 2025. This growth was primarily driven by stablecoin-focused yield offerings and partnerships with established decentralized finance (DeFi) protocols. These developments point to a rising appetite for predictable, on-chain returns, particularly as market conditions have become more cautious.
The broader DeFi sector also thrived, with the total value locked across various protocols reaching approximately $161 billion in Q3 2025, representing one of the highest levels observed outside previous peaks.
“The data from 2025 points to a clear shift in how wallets are used,” stated Jamie Elkaleh, Chief Marketing Officer of Bitget Wallet. “They are increasingly functioning as everyday finance apps, where users trade, spend, and manage money directly on-chain.”
As Bitget Wallet looks ahead to 2026, it plans to build on this momentum by enhancing payment access, supporting a wider variety of tokenized assets, and further streamlining on-chain financial activities. These efforts are expected to facilitate the mainstream adoption of cryptocurrency.
For further details on these developments, users can visit the Bitget Wallet blog.
About Bitget Wallet:
Bitget Wallet is designed to simplify the use of cryptocurrency in daily life, serving over 80 million users globally. The platform provides an all-in-one solution for sending, spending, earning, and trading cryptocurrencies and stablecoins, powered by advanced blockchain technology. With comprehensive on- and off-ramps and full self-custody, Bitget Wallet aims to deliver faster, fairer, and borderless on-chain finance for everyone, backed by robust security measures and a user protection fund of $700 million.
