Bitget, the world’s largest Universal Exchange (UEX), has released its latest Protection Fund report, showing an average valuation of $351 million in July 2026 as Bitcoin recovered through July, lifting the fund’s U.S. dollar valuation. 

The Protection Fund reached a monthly high of $365.9 million on July 21 and recorded a monthly low of $329.8 million on July 1. Throughout July, the fund maintained a valuation above its original $300 million commitment, with reserves supported by Bitget’s 5,500 BTC holdings as Bitcoin traded between $59,968 and $66,521 during the month.

July saw digital asset markets regain momentum after June’s broad correction, with Bitcoin recovering steadily through the first three weeks of the month before easing toward month-end. The appreciation in BTC contributed to a higher average valuation for Bitget’s BTC-denominated Protection Fund, which remained approximately 17% above its original $300 million allocation throughout the month.

Established in 2022, the Protection Fund serves as an additional layer of protection designed to safeguard user assets during extreme market events. The fund’s valuation is published transparently and updated regularly, providing users with clear visibility into available reserves as market conditions evolve.

“Market direction may change, but user protection shouldn’t,” said Gracy Chen, CEO of Bitget. “Our Protection Fund is designed to give users confidence in every market environment. By maintaining substantial onchain reserves and publishing their value regularly, we’re reinforcing  transparency as a long-term trust across our platform.”

The Protection Fund operates alongside Bitget’s Proof of Reserves (PoR), which maintains reserves exceeding user assets across major holdings. Together, these measures form part of the exchange’s broader security architecture, combining verifiable asset backing with an additional reserve pool designed to support users during unexpected incidents.

The latest update comes as Bitget continues expanding its Universal Exchange ecosystem across crypto assets, tokenized stocks, commodities, and other financial markets. As users increasingly trade across multiple asset classes within a single platform, maintaining transparent and verifiable safeguards remains a core component of the exchange’s risk management framework.

For real-time tracking of the Protection Fund, please visit here.

Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 500+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships such as MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.

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Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

The post Bitget Protection Fund Reports $351M Average Valuation in July as Bitcoin Recovery Strengthens Reserves appeared first on BeInCrypto.

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