Bitget Lists Rhea Finance in Innovation Zone to Boost DeFi Offerings

Bitget has listed Rhea Finance (RHEA) for spot trading, making the RHEA/USDT trading pair available to users on July 30, 2025, at 14:00 UTC. Withdrawals of RHEA tokens commenced the next day at 15:00 UTC. The listing is part of Bitget’s Innovation Zone, a segment designed to feature emerging projects with high potential. Rhea Finance, formed through the merger of Ref Finance and Burrow Finance on the NEAR Protocol, is positioned as a decentralized liquidity hub, aiming to streamline DeFi operations through chain-abstracted infrastructure and protocol integration [1].

This move reflects Bitget’s broader strategy to expand its DeFi offerings and connect traders with next-generation blockchain ecosystems. The exchange currently supports over 800 trading pairs and aims to increase this to more than 900, covering major blockchains such as Bitcoin, Ethereum, and Solana. By adding RHEA, Bitget is supporting NEAR’s efforts to enhance its DeFi landscape and build incentive structures that drive user engagement and liquidity [2].

To promote the listing, Bitget introduced a campaign offering $7,000 worth of RHEA tokens to new users. Additionally, the exchange launched a rewards program where users trading RHEA, ADA, and TRX pairs can earn “candies” based on their trading volume, which can be redeemed for RHEA tokens [3]. These initiatives highlight Bitget’s efforts to incentivize user activity and drive adoption of newly listed assets.

Rhea Finance aims to leverage NEAR’s advanced technologies, such as Chain Abstraction and AI-powered frameworks, to build a more efficient liquidity layer within the DeFi ecosystem. This initiative is expected to enhance liquidity accessibility and improve the speed and efficiency of DeFi operations on the NEAR Protocol. Bitget’s support is seen as a strong endorsement of Rhea’s potential to contribute to the evolution of decentralized financial services [1].

Bitget, which previously operated under the name BitKeep, serves more than 120 million users across over 150 countries and regions. The exchange has established partnerships with global organizations such as LALIGA, MotoGP, and UNICEF, emphasizing its role in promoting blockchain adoption and educational initiatives. The addition of Rhea Finance aligns with Bitget’s ongoing efforts to integrate emerging DeFi projects and provide innovative financial solutions to meet the evolving demands of the crypto market [4].

Despite the strategic significance of the listing, there have been no official statements from key opinion leaders or major institutional players regarding RHEA’s market impact. Additionally, there are no immediate liquidity shifts or funding disclosures associated with the event. Analysts suggest that this listing may catalyze liquidity migration within the NEAR Protocol, but concrete metrics on volume or liquidity changes remain unconfirmed [5].

As with any cryptocurrency investment, traders are advised to consider the inherent volatility and risks involved. Bitget does not provide financial advice and encourages users to conduct their own research before making investment decisions [5].

Source: [1] Bitget (https://www.bitget.com/blog/articles/bitget-lists-rhea-finance-defi-near-2025)

[3] CoinCodex (https://coincodex.com/article/70839/new-bitget-listing-heres-how-to-earn-free-rhea-tokens/)

[4] Barchart.com (https://www.barchart.com/story/news/33767202/bitget-lists-rhea-finance-rhea-for-spot-trading)