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Bitget Wallet, the everyday finance app, closed 2025 with higher on-chain 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's end, pointing to a gradual decoupling between market sentiment and real-world crypto usage.
Payments in crypto surge together with trading activity, Bitget Wallet's report says
On-chain 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.
On-chain 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, on-chain execution.
Payments became a more visible driver of wallet usage in 2025. Bitget Wallet Card annual spending volume grew more than 28-fold, 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.
On-chain yield instruments in focus, volume targets $200 million for Bitget Wallet Earn
Jamie Elkaleh, CMO of Bitget Wallet, indicates the paramount importance of the trends for global crypto adoption:
The data from 2025 points to a clear shift in how wallets are used. They are increasingly functioning as everyday finance apps, where users trade, spend, and manage money directly onchain.
Demand for on-chain 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.
This growth points to rising demand for predictable, on-chain 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.
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