BitgetToken (BGB) is a decentralized token primarily utilized within the Morph blockchain. It functions as the gas, governance, and payment token across this ecosystem, enhancing user engagement and facilitating transactions. Launched in 2021, BGB was initially created as the platform token for the Bitget exchange and Bitget Wallet. The project is led by a team of experienced professionals from prominent organizations like Goldman Sachs, Facebook, and Binance, including CEO Gracy Chen and COO Vugar Usi Zade. In 2025, Bitget formed a strategic partnership with the Morph Foundation, a non-profit organization responsible for the ongoing development of BGB. BGB stands out as the gas and governance token of the Morph chain. Its utility is further enhanced through partnerships with various exchanges and wallets, which support activities like token mining on Launchpool and offer fee discounts for users. The total supply of BitgetToken is capped at 2 billion tokens, with a circulating supply of approximately 699.99 million as of September 2025. To manage its supply, the Morph Foundation has implemented a burn mechanism linked to network activity, aiming to reduce the total supply to 100 million. Initially based on the Ethereum blockchain using the ERC-20 standard and Proof-of-Stake consensus, BGB is compatible with any Ethereum wallet. Following its partnership with Morph, a portion of BGB will be migrated to the Morph chain, reinforcing its role as a gas and governance token. BGB can be purchased on the Bitget exchange and is also available on platforms like MECX, Bitfinex, Uniswap, and BulbaSwap.