Key Points
- Bitget has initiated an Institutional Financing Program offering interest-free loans to market makers trading altcoins.
- The program allows eligible participants to borrow up to 2 million USDT without interest by meeting 50% of the exchange’s monthly trading volume benchmarks.
Bitget revealed its new Institutional Financing Program on November 4. This program has been designed to assist market makers who are focused on altcoin trading by providing them with zero-interest loans. Qualified participants have the opportunity to borrow up to 2 million USDT without having to pay any interest, as long as they meet 50% of the exchange’s standard monthly trading volume benchmarks. The program is set to run from November 1, 2025, until January 31, 2026.
The exchange, which is based in Victoria, Seychelles, has decided to reduce the qualification requirements for this program by half compared to its existing institutional financing programs. This decision was made following Binance’s launch of its Altcoin LiquidityBoost Program in June, which offered fee rebates instead of capital loans to market makers who specialize in altcoin pairs.
Addressing Altcoin Market Challenges
According to Bitget CEO Gracy Chen, maintaining liquidity in smaller-cap tokens is crucial for a healthy crypto market. The exchange’s goal is to help professional market makers operate more flexibly and deploy capital efficiently, thereby making altcoin markets more accessible to traders.
Altcoins often face fragmented market depth and volatile spreads. The Altcoin Season Index currently stands at 27 out of 100, as per CoinMarketCap. This indicates conditions where less than 25% of the top 100 altcoins outperform Bitcoin over a 90-day period.
The CMC Crypto Fear and Greed Index also registered 27, reflecting fear in the broader market. The $312 million in token unlocks through November 10 have added further pressure to trading conditions.
Technical Requirements and Competitive Landscape
Bitget’s institutional loan infrastructure supports up to 5x leverage on borrowed capital. This matches offerings from OKX and exceeds Binance’s 4x leverage on institutional loans launched in July. The platform manages risk through a loan-to-value ratio system, with liquidation procedures triggered when LTV reaches or exceeds 90%. Borrowers can access funds directly in their accounts without collateral lockup requirements.
The program accepts applications from professional quantitative trading firms and market makers specializing in altcoin pairs. Bitget’s 50% volume threshold requirement is more accessible than Binance’s VIP 5 status or the $20 million monthly trading volume requirement for its altcoin rebate program. This initiative aims to address Bitcoin’s dominance potentially peaking at 60% by lowering capital costs for liquidity providers focused on November 2025 trends in altcoin investment.
