Bitget Unveils Project Ulysses, Offers $3M Interest-Free Credit To 50 Institutional Clients

Steven Zeiler
Steven ZeilerApr, 20 2026 18:09
The crypto exchange is extending interest-free credit of up to $3 million to a capped pool of 50 institutions through its fresh Ulysses initiative. (Image: Shutterstock)
The crypto exchange is extending interest-free credit of up to $3 million to a capped pool of 50 institutions through its fresh Ulysses initiative. (Image: Shutterstock)

Bitget has launched Project Ulysses, a program offering up to $3 million in interest-free credit to lure back dormant institutional clients and onboard new ones.

Bitget Institutional Program

The initiative, announced by the exchange, will run through June 30, 2026, and is capped at 50 institutional participants globally.

Eligible clients receive temporary access to upgraded PRO-tier privileges. These include expanded API limits and institutional connectivity features.

The program also grants performance-based access to a two-month interest-free credit line of up to $3 million per participant. The facility is designed to support capital deployment as trading activity scales within the exchange's Universal Exchange, or UEX, framework.

Ulysses sits on top of infrastructure upgrades rolled out over the past year. Those include the PRO account system with tiered fee access and LOLA connectivity for low-latency execution. Cross-asset margin capabilities let institutions deploy a single capital pool across spot and derivatives markets.

Also Read: Bitcoin At $74,900 — Is This The Floor Before The Next Rally Or A Ledge Before A Drop?

Gracy Chen Strategy

Gracy Chen, CEO of Bitget, framed the program as a structured re-entry path. She said the focus is on activating capital in an environment that pulls execution, liquidity, and risk management into one place.

Chen added that the UEX model becomes practical for institutional users at that intersection. The eligibility pool covers both new clients and existing users with low recent trading activity.

Bitget has spent the past year building out institutional infrastructure across custody, connectivity, and account systems. The exchange has positioned UEX as a unified operating structure for execution, capital, and risk, with Ulysses marking the next step in a roadmap centered on compliance, security, and asset management.

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Steven Zeiler

Steven Zeiler is Chief Evangelist at Yellow, working with builders to create real-time, non-custodial trading infrastructure using the Yellow SDK. A programmer, technologist, and entrepreneur, he previously worked for Ripple, where he helped architect peer-to-peer interbank payment prototypes and contributed to decentralizing the XRP Ledger through consensus tracking software.

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Bitget Unveils Project Ulysses, Offers $3M Interest-Free Credit To 50 Institutional Clients | Yellow