Bitget Wallet, a prominent non-custodial wallet and decentralized ecosystem platform, has unveiled its latest innovation - the Bitget Onchain Layer. This groundbreaking development aims to transform the Web3 experience for users by integrating native DApps within Bitget Wallet through collaborative efforts with developers. Moreover, it positions Bitget Wallet as the primary on-chain extension and future of the Bitget ecosystem.

The Bitget Onchain Layer is powered by native Modular Feature-DApps (MFDs), which streamline user interactions, enhance liquidity aggregation and fortify security measures. These MFDs function both as standalone DApps and are integrated directly into Bitget Wallet. Initially, the ecosystem fund will focus on investing in and incubating various Web3 trading services, including three already in the pipeline: Pre-Market, on-chain derivatives market and Trading Bot. These services will complement Bitget Wallet's existing Swap trading service.

Bitget Wallet has established a $10 million BWB Ecosystem Fund to accelerate the development of the Bitget Onchain Layer and support aligned projects and initiatives. The fund will initially focus on the investment and incubation of various Web3 trading services. Three services are reportedly in the pipeline: Pre-Market, On-chain Derivatives Market and Trading Bot. These Modular Feature-DApps (MFDs) will complement Bitget Wallet's existing Swap trading service.

The BWB token anchors the Bitget Wallet and the Bitget Onchain Layer. The BWB token has multiple roles within the ecosystem, including governance voting, eligibility for participation in Launchpad events, staking rewards and payment of multichain gas fees. The total supply of BWB tokens is set at 1 billion, distributed across community rewards, team and partnership initiatives. Nearly 47% of this total supply will be allocated to the community treasury, 10% to investors and 5% reserved for the pre-token generation event (TGE) airdrop.

Bitget Wallet has attracted over 20 million users globally and achieved a record high in Swaps, surpassing MetaMask in trading and order volumes. The platform plans to explore further integrations and community engagements within the Meme ecosystem, including Meme Grants and events to promote Meme culture and Web3 engagement.