Bitget Wallet, a pioneering decentralized ecosystem platform, has announced the launch of Bitget Onchain Layer, a revolutionary product blueprint designed to transform the Web3 experience. This innovative layer will integrate native DApps within Bitget Wallet, positioning it as the primary on-chain extension and future of the Bitget ecosystem. Concurrently, a $10 million BWB Ecosystem Fund has been established to accelerate the development of the Bitget Onchain Layer and support aligned projects .

The Bitget Onchain Layer is powered by native Modular Feature-DApps (MFDs), specialized applications that streamline user interactions, enhance liquidity aggregation, and fortify security measures. Initially, the ecosystem fund will focus on investing in and incubating various Web3 trading services, including Pre-Market, on-chain derivatives market, and Trading Bot. These services will complement Bitget Wallet's existing Swap trading service, further enhancing the user experience.

Bitget Wallet has evolved significantly since its inception as a multi-chain wallet in 2018. It has transitioned into a comprehensive platform offering native functions such as multi-chain wallet, Swap, intelligent market data, Launchpad, inscriptions tool, and earning center. This transformation reflects its growth from an asset management tool to a full-stack DeFi ecosystem and platform. With over 20 million users globally, Bitget Wallet has gained widespread recognition, achieving a record high in Swap data last month with trading and order volumes surpassing MetaMask.

Despite its success, Bitget Wallet acknowledges the enduring challenges in the Web3 space, including navigating multiple blockchain networks, selecting the right DEXs, and choosing from numerous liquidity pools. To address these issues, Bitget Wallet introduced a native swap aggregator, Bitget Swap, catering to user demands for seamless on-chain trading and potential earning experiences. This innovation has paved the way for more value-added features, including gas-free transactions and multiple trading modes, enhancing the overall trading experience for users.

The Bitget Onchain Layer serves as an intermediate layer that simplifies complexities, allowing users to interact with the Web3 world through Modular-Feature DApps (MFDs). These function as standalone DApps and native features integrated directly into Bitget Wallet. By collaborating with industry developers, Bitget Wallet aims to create effective and purposeful MFDs, meeting users' needs more efficiently while supporting developers and DApp projects in Web3.

Beyond trading, the Bitget Onchain Layer aims to provide native accessibility to new narratives, assets, and opportunities across Web3 through an open and collaborative ecosystem strategy. This approach offers comprehensive coverage over a spectrum of financial services. In tandem with the development of the Bitget Onchain Layer, the wallet has prioritized the burgeoning Meme ecosystem, launching an experimental Meme token, $MOEW, and planning further integrations and community engagements.

Bitget Wallet and the Bitget Onchain Layer are anchored by the BWB token, which plays multiple roles within the ecosystem, including governance voting, eligibility for participation in Launchpad events, staking rewards, and payment of multichain gas fees. Following the conclusion of the BWB Points Airdrop Campaign and BWB Ecosystem Partner Program, the wallet has announced its allocation plans for the BWB token, with a total supply of 1 billion tokens distributed across community rewards, team, and partnership initiatives.

Looking ahead, Bitget Wallet will continue refining its platform by integrating high-frequency and core features that enhance user experience and interaction within the Web3 ecosystem. The focus remains on product growth and strategic infrastructure development to sustain advancement and ensure a robust foundation for the future. Bitget Wallet's evolution reflects its commitment to pushing the boundaries of what a Web3 wallet can offer, transitioning from asset management to a broader scope of DeFi functionalities and setting a new standard in the cryptocurrency and DeFi space.