Bitget Token (BGB)
Unlock Schedule
Bitget Token (BGB) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the Bitget Token (BGB) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence BGB price performance.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
Supply, allocations, and the BFT swap
BGB launched with a 2,000,000,000 initial supply on July 26, 2021. The allocation included 25% for an older BFT holder swap, and the rest across employee incentives, ecosystem investments, promotion/branding, user growth, and a Protection Fund. These allocations were structured with gradual releases. (bitget.com)
Deflationary design: initial burn + quarterly burns
At the end of 2024, Bitget completed an initial burn of 800 million BGB, cutting total supply from 2.0B to 1.2B. In 2025 the project moved to scheduled quarterly burns using a transparent formula tied to on‑chain BGB gas usage in GetGas accounts, plus constants. The first quarterly burn under the model removed just over 30 million BGB. This shift links supply reduction to real utility and helps align long‑term incentives. (bitget.com)
What BGB does for users
- Trading fee savings: BGB delivers a 20% spot‑fee discount when used to pay fees.
- Early access: Launchpad subscriptions, Launchpool staking, and Super Airdrops for new listings.
- VIP and program perks: higher APYs in BGB Earn for larger holders, free withdrawals on select assets when staking BGB, lottery and coupons, and “Vote to List” events.
- Copy trading extras: traders can earn a share of followers’ profits, with BGB acting as a loyalty layer across social‑trading features. (bitget.com)
These utilities are the core drivers people consider when thinking about BGB price over time, since consistent usage and deflation can influence supply‑demand dynamics.
Assumptions
- Current total_supply reflects post-burn supply as of 2025-07-15 (1,139,992,034.9 BGB).
Bitget’s support article confirming completion of Q2 2025 burn provides the updated total and circulating supply; supply is deflationary due to ongoing buyback-and-burn.
- BFT swap modeled as a single cliff on 2021-07-25 for the full 500M BGB allocation.
Official announcement specifies the automatic swap window (2021-07-23 to 2021-07-25 UTC+8) and 25% of initial 2B supply allocated to BFT replacement; assumed fully swapped by the window end.
- Consolidated allocation for Ecosystem/Promotions/User Incentives/Employee Incentives/Protection Fund and BWB swap modeled linearly from 2021-07-26 to 2024-12-27.
Whitepaper shows categories and Dec 2024 initial burn after which Bitget states all remaining BGB are fully circulating. Exact per-category vesting/release timings are not disclosed; linear approximation ensures cumulative supply reaches the fully circulating level by the stated date.
- Included only PoolX BGB mining campaigns with explicit official totals and dates (150,000 BGB).
Support Center posts provide precise token amounts and event windows for Phase 1 and Phase 2; any other minor BGB distributions without explicit totals were treated as part of the consolidated allocation to avoid double counting.
- Burns are not modeled as unlocks.
The chart models tokens entering circulation. Bitget’s program burns tokens (removes supply) and does not create new circulating tokens; therefore burns are excluded from unlock schedules but inform the total_supply figure.
- Quarterly burns are expected to continue and could reduce total supply toward a 100M target.
Bitget’s Q2 2025 burn announcement and burn-mechanism update indicate ongoing quarterly burns tied to profits and on-chain usage, with Support Center copy stating the burn will continue until total supply is reduced to 100 million.
- 1. https://www.bitget.com/support/articles/4405314929549-Announcement-on-the-Upgrade-of-Bitget%27s-Platform-Token-BFT
- 2. https://img.bitgetimg.com/multiLang/events/BGB-whitepaper-en-20241227.pdf
- 3. https://www.bitget.com/support/articles/12560603820497
- 4. https://www.bitget.com/en/support/articles/12560603831730
- 5. https://www.bitget.com/support/articles/12560603831349
- 6. https://www.bitget.com/support/articles/12560603812564
- 7. https://www.bitget.com/asia/support/articles/12560603814386
- 8. https://www.bitget.com/support/articles/12560603820403
- 9. https://www.bitget.com/price/bitget-token/what-is
- 10. https://www.bitget.com/asia/blog/articles/bitget-bgb-burn-update-2025
Allocations
Description
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BGB is a utility and governance token that powers the Bitget ecosystem, which is a crypto derivative exchange. BGB holders can enjoy discounts on trading fees, participate in platform governance, and interact with copy traders and fans.
| Sector: | CEX |
| Blockchain: | Ethereum |