In the second quarter of 2025, Bitget successfully executed its scheduled BGB token burn, permanently removing 30,001,053.1 tokens from circulation. This represents 2.56% of the total supply, with an approximate value of $138 million based on current market prices.
This recent burn brings the total reduction to over 5% of the initial supply in just the past six months, demonstrating Bitget's commitment to creating sustainable token economics. For more details about Bitget's $138M BGB token burn in Q2 2025, you can read the comprehensive analysis.
BGB maintains its position among the elite centralized exchange tokens when measured by both market capitalization and trading volume. The token offers holders numerous advantages including transaction fee discounts, staking rewards, privileged access to Launchpad projects, and participation in exclusive platform campaigns.
As the cornerstone of Bitget's ecosystem - which now serves more than 120 million users worldwide - BGB plays a pivotal role in enhancing user engagement and ensuring platform liquidity. The burn mechanism operates automatically, directly tied to platform profitability and token utility, creating consistent deflationary pressure.
With Bitget's recent expansion into AI-powered trading tools and the popular Launchpool feature, the utility cases for BGB continue to multiply. CEO Gracy Chen has consistently positioned BGB as a market-leading CEX token, emphasizing that these strategic burns represent a long-term investment in the token's value proposition and the overall health of the Bitget ecosystem.