BGB is a decentralized asset that functions as the main token for Morph's blockchain. It acts as the gas, governance, and payment token throughout the layer.

Bitget Token (BGB) debuted in 2021 as the native asset for both the Bitget exchange and Bitget Wallet. The project is guided by a group of early blockchain enthusiasts dedicated to a decentralized future, featuring executives with backgrounds at major companies like Binance, Facebook, and Goldman Sachs. Key leaders include CEO Gracy Chen, COO Vugar Usi Zade, and CLO Hon Ng. As of September 2025, the Morph Foundation, a non-profit decentralized entity, has taken charge of BGB’s future development following a strategic alliance with the Morph chain.

BGB functions as both the governance and gas token for the Morph chain. Additionally, it receives backing from partners like wallets and exchanges, acting as a primary vehicle for Launchpool’s new token mining, fee reductions, and other benefits.

Bitget Token (BGB) launched with a capped initial supply of 2 billion. By September 2025, the amount in circulation stood at 699,992,035 BGB. The Morph Foundation intends to introduce a new burn strategy linked to activity on the Morph network, aiming to eventually lower the total BGB supply to 100 million.

Bitget Token (BGB) first appeared on the Ethereum network as an ERC-20 asset, relying on Proof-of-Stake (PoS) consensus. This setup ensures it works with any wallet designed for Ethereum. Due to a strategic alliance between Bitget and Morph, more of the BGB supply is set to move to the Morph chain over time. On that network, the token is intended to serve both as the gas fee mechanism and the governance instrument.

You can buy Bitget Token (BGB) directly on the Bitget exchange. Additionally, BGB is listed for trading on MEXC, Bitfinex, Uniswap, and BulbaSwap.