Bitget launches Project Ulysses with $3M institutional credit

Bitget has launched Project Ulysses, a program to re-engage up to 50 institutional clients globally through June 30, 2026. The offering includes temporary PRO-tier upgrades, expanded API capacity and institutional connectivity features. Selected participants may qualify for a two-month, interest-free credit facility of up to $3 million based on increased trading activity.

Project Ulysses is built on Bitget’s Universal Exchange (UEX) framework, which combines execution, capital management and risk controls into a single operating model. The platform supports cross-asset margining across spot and derivatives markets and incorporates recent infrastructure updates intended for institutional workflows.

Recent rollouts that support the program include the PRO account system, which provides tiered fee and service access, and LOLA connectivity, designed for low-latency execution used by high-frequency and algorithmic trading desks. Bitget has also expanded custody and account systems to better serve professional trading needs.

Eligible participants include new institutional clients and existing users with low recent trading volumes. The initiative is capped at 50 firms worldwide. Firms selected for temporary PRO status receive higher API throughput and direct access to institutional connectivity tools to support scaled trading activity.

Access to the interest-free credit is performance-based. As trading volumes rise, firms may be granted an institutional credit line for two months, up to $3 million. Bitget will assess trading activity and grant the facility according to the program’s performance criteria.

Gracy Chen, Bitget’s CEO, described the program as providing a clearer path for institutions to resume or begin trading: “We want to provide institutions with a clearer path back into the market, or a more structured way to enter it. The focus is on making it easier to activate capital within an environment that brings execution, liquidity, and risk management together. That’s where the UEX model becomes practical for institutional users.”

Bitget said Project Ulysses is intended to combine targeted onboarding with direct access to upgraded infrastructure to help institutions resume or start trading on the platform. The company noted it will continue work on compliance, security, product development and asset management within the UEX framework.

Project Ulysses will run until June 30, 2026, and remains limited to 50 institutional participants globally.