Bitget Launchpool has opened deposits for project CP. As of press time, the BGB staking pool is showing 55.22% APR, and the CP staking pool is showing 568.23% APR.

Crypto projects have spent a record $638 million on token buybacks in 2026 through Aug. 31, according to figures cited in the report, but the headline number is heavily concentrated. Roughly 90% of that total came from just two platforms: perpetuals exchange Hyperliquid and memecoin launchpad Pump.fun. The data points to a real shift in tokenomics, with projects trying to tie token value to operating revenue instead of ongoing issuance, yet the underlying cash flows still come largely from trading activity. The report also argues that buybacks alone do not guarantee shrinking supply. Tokenomist’s figures show that once new unlocks are included, only BNB and RAY are in net deflation among 27 tracked tokens. HYPE’s annualized supply is still rising about 47%, while PUMP is up 14% and KAITO is close to 100%. Elsewhere, Ethena’s proposal to direct 95% of protocol net revenue to ENA buybacks passed with 17.6 million votes in favor and zero against, though it will not activate unless USDe supply returns to $7.5 billion from the current $4.12 billion. Solana’s first on-chain governance vote also highlighted the same math problem: slower issuance and higher burns do not necessarily produce net supply contraction.

Bitget PoolX has launched a BGBTC event that lets users lock up BGBTC to share an airdrop of 9,200 UNI, according to an Odaily newsflash. The event sets an individual lock-up cap of 30 BGBTC per user. The subscription window runs from 20:00 on Aug. 18 to 20:00 on Aug. 23, UTC+8. Bitget said additional information is available on its official platform. The update is a short event notice and does not include pricing, distribution ratios, or other allocation details beyond the total UNI amount and the personal participation limit.

On Aug. 11, crypto markets underwent a broad sector-wide correction, pulling Bitcoin and Ethereum below key thresholds, according to SoSoValue data reported by Odaily Planet Daily. The NFT sector suffered the steepest decline, falling 25.62% in 24 hours, with Audiera (BEAT) plunging 55.02%. Bitcoin (BTC) dropped 1.85% to slip below $65,000, while Ethereum (ETH) lost 2.44% to trade under $1,900. DeFi and Layer2 were the only sectors to hold firm, gaining 1.11% and 2.01% respectively. In the DeFi segment, Hyperliquid (HYPE) rose 1.76% and Ethena (ENA) climbed 3.56%; in Layer2, Arbitrum (ARB) advanced 3.44% and Mantle (MNT) added 5.48%. Other sectors were mostly in the red: Layer1 fell 0.54% with Cardano (ADA) down 3.19%; CeFi slipped 0.63% while Bitget Token (BGB) rose 1.65%; PayFi dropped 1.53% with Telcoin (TEL) down 6.77%; and the Meme sector lost 1.98%, although Pump.fun (PUMP) posted a counter-trend gain of 4.74%. Historical sector indices were firmer, with ssiLayer2, ssiDeFi and ssiGameFi up 2.43%, 1.22% and 0.07% respectively.

Bitget Launchpool is set to host a DAPPOS (DOS) staking event with a combined prize pool of 700,000 DOS. The total allocation is divided across the two pools. The lock-up window opens at 19:00 UTC+8 on August 10 and closes at 19:00 UTC+8 on August 16. Two pools are running for the same period. In the BGB pool, 600,000 DOS will be airdropped; VIP users can stake up to 50,000 BGB, while ordinary users are capped at 5,000 BGB. In the DOS pool, 100,000 DOS will be airdropped, and each participant can stake up to 2,500,000 DOS. The caps apply on a per-user basis. Users interested in the DOS pool will need DOS in their Bitget accounts to participate, and deposits are already open. DOS is also scheduled for spot trading in Bitget's AI zone at 19:00 UTC+8 on August 10, the same time staking opens. Details were released through ChainCatcher.

A market-wide study by Blockworks researcher Carlos found that very few crypto tokens delivered returns better than Bitcoin once they reached meaningful secondary-market scale. Looking at 2,114 tokens that hit at least a $50 million circulating market cap at a month-end between January 2020 and June 2026, the report says only 4.1% outperformed Bitcoin over their respective observation windows. Among tokens with at least 24 months of history, that share fell to 1.7%. The study also points to deep losses across the broader token universe. Median returns from the qualification point were down 97%, and 73% of qualifying tokens eventually suffered a drawdown of 90% or more. Carlos argues that token issuance expanded sharply over the past several years, but liquidity and fundamentals did not keep pace. The result, according to the report, is a market with a widening base of small tokens and a shrinking top tier of large-cap assets. The paper also finds that the 2020-2021 altcoin boom did not persist as a durable pattern. After 2022, high momentum and high volatility were associated with weaker subsequent performance, especially among mid- and small-cap tokens. Long-term winners against Bitcoin were concentrated in exchange tokens such as BNB, OKB, GT, LEO, BGB, WBT and MX, with CAKE the only qualifying DEX token, a group the report says shares one trait: fee income linked to buybacks and burns.

A report from Blockworks Research found that only 4.1% of 1,972 tokens that first crossed a $50 million circulating market cap between January 2020 and December 2025 had outperformed Bitcoin as of June 2026. Among tokens with at least 24 months of price history, the share fell to 1.7%. The study also said the median token in the full sample had lost 97% since entering the dataset. According to the report, the token market now shows a pyramid structure with a broader base and a thinner top. The number of tokens with market caps above $1 million reached a record 3,648 in December 2024, while the cohort above $250 million has kept shrinking since peaking at 279 tokens in November 2021, falling to 102 by June 2026. The report added that of the 187 tokens that beat Bitcoin during the 2020-2021 bull market, 86.1% later dropped at least 90% from their November 2021 highs, and only OKB continued to outperform Bitcoin. It also found that exchange tokens were the only group meaningfully overrepresented among long-term Bitcoin outperformers, including BNB, OKB, GT, LEO, BGB, WBT, MX and CAKE.

Bitget has announced a broad upgrade to BGBTC, adding daily BTC-denominated yield, fast large-amount redemptions, and institutional-grade risk management. The update also introduces an independent curator structure, with DeFi risk management firm Gauntlet overseeing underlying yield strategies and handling risk supervision. Bitget said the added review layer sits alongside custody arrangements and is designed to strengthen portfolio monitoring, risk controls, and the long-term sustainability of returns. BGBTC now supports yield strategy deployment on the Morph blockchain, expanding its multichain yield routes and potential use cases. On the infrastructure side, Bitget is using Chainlink Cross-Chain Interoperability Protocol, or CCIP, as BGBTC’s official cross-chain solution, while continuing to rely on Chainlink Proof of Reserve to provide real-time transparency and verifiable reserve backing for its 1:1 Bitcoin peg. Even after the upgrade, BGBTC can still be used for futures margin, loan collateral, and participation in Launchpool and PoolX, allowing holders to pursue yield while keeping capital more flexible.