Bitget Wallet, the everyday finance app, closed 2025 with higher onchain activity across trading, payments, and earnings, reflecting a shift in wallet usage as adoption expanded beyond early, trading-focused users. Data from the year suggests that self-custodial wallets are increasingly functioning as everyday financial apps, supporting not only trading but also spending and asset management. Notably, stablecoin-based earning and payment use cases continued to grow even as broader market activity cooled toward year-end, pointing to a gradual decoupling between market sentiment and real-world crypto usage.
Onchain trading activity strengthened through much of 2025. Monthly swap trading volume on Bitget Wallet exceeded $900 million, registering 232% year-on-year growth, as users increasingly relied on decentralized exchange routing to access a broader range of assets across chains. Onchain derivatives activity followed a similar pattern. Monthly perpetual trading volume approached $5 billion, up 291% year-on-year, tracking a wider industry shift toward decentralized perpetual markets. During the year, the ratio of decentralized to centralized perpetual futures trading volume tripled, reaching a record 18.7%, reflecting a broader migration toward transparent, onchain execution.
Payments became a more visible driver of wallet usage in 2025. Bitget Wallet Card monthly spending volume grew more than sixfold since its launch in July, mirroring a wider increase in retail-focused stablecoin activity as global stablecoin transaction volumes reached an estimated $46 trillion annually. Over the course of the year, the wallet expanded payment support to include card-based spending, national QR payment systems, direct bank transfers in select markets, and in-app crypto shopping. These developments illustrate steady progress in integrating crypto payments into everyday retail and financial flows.
Demand for onchain yield products also rose in parallel. Bitget Wallet’s Earn products recorded quarterly subscription volume approaching $200 million, expanding more than tenfold from the start of 2025, driven largely by stablecoin-focused yield offerings and integrations with established DeFi protocols. The growth points to rising demand for predictable, onchain returns as market conditions turned more cautious. At the same time, decentralized finance expanded more broadly, with total value locked across DeFi protocols reaching about $161 billion in Q3 2025, among the highest levels seen outside prior peaks.
