Crypto Balloon

Bitget’s Reported Second-Place CEX Inflows Came With a Capped Yield Offer

On 11 November 2026 at 10:29 (UTC+8), ChainCatcher published a short notice that attributed exchange-flow figures to DefiLlama. The notice said Bitget ranked second among centralized exchanges (CEXs) for net inflows over three windows at once: the prior 24 hours, the prior 7 days and the prior 30 days.

The amounts stated were about $116 million over 24 hours, about $166 million over 7 days and about $699 million over 30 days. The notice does not name the first-ranked exchange, reproduce a DefiLlama table, or explain how net inflow was calculated.

It treats the campaign as a possible driver, not a demonstrated one. ChainCatcher wrote that the inflows may have been supported by a high-interest wealth-management push, and that Bitget had recently launched a campaign called 「理财狂欢季」. As described, users who completed a net deposit in specified assets and subscribed to the matching flexible product could receive up to 10% APR on USDT, up to 5% APR on ETH and on XAUT, and up to 3% APR on BTC.

Those rates are maximums in the notice, not measured yields and not evidence that the reported inflows were placed in the products. Duration, caps, who funds the APR, and any conditions beyond the net-deposit-plus-subscription step are not stated. A second-place ranking across three windows does not show whether balances remained after the offer, or whether the rate was paid from fees, a subsidy or something else.

The open gap is causation. The original hedges the link—inflows may have been driven by the activity—and gives no separate figure for product subscriptions versus other deposits or trading flows.

Original article: ChainCatcher, published 11 November 2026, 10:29 (UTC+8).