Bitget Launches U Index LAB and RIVER Contracts: Expanding DeFi Derivatives

Crypto exchange Bitget has just introduced two new perpetual contracts, U Index LAB and RIVER, marking an expansion of its derivatives offerings. This move signifies a significant step towards bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). Bitget’s CEO, Gracy Chen, confirmed that this initiative aims to create opportunities for traders by integrating both TradFi and DeFi, creating a more robust financial ecosystem on their platform.