Bitget Unveils Universal Ecosystem for Onchain Communities with Common Partnership

Bitget, the world's largest Universal Exchange (UEX), has launched Common (COMMON) on its Launchpool, offering users the chance to stake Bitget's native token (BGB) or COMMON to earn a total of 27.77 million COMMON tokens, according to a Lookonchain report. The initiative, which runs from October 27 at 21:00 UTC+8 to October 29 at 21:00 UTC+8, features two staking pools: a BGB Lock-up Pool with 25 million COMMON in rewards and a COMMON Lock-up Pool with 2.7778 million COMMON, according to ChainCatcher. Users can stake between 5–50,000 BGB or 280–28 million COMMON, with VIP-tiered limits for the BGB pool, as Lookonchain reported.

The Launchpool campaign aligns with Bitget's broader strategy to expand its Universal Exchange ecosystem, which integrates trading, payments, and decentralized finance (DeFi) under one platform. Gracy Chen, CEO of Bitget, emphasized the platform's role in connecting liquidity and usability, stating, "Through our Universal Exchange (UEX) vision, Bitget and Bitget Wallet are empowering users to move seamlessly between trading, payments, and DeFi - all secured by the same infrastructure that powers Morph's high-speed settlement layer," she said in a Markets Insider article. This collaboration with Morph, a high-performance Ethereum Layer 2 network, underscores Bitget's focus on scalable blockchain infrastructure, the same Markets Insider article noted.

Common (COMMON), the project behind the token, aims to build infrastructure for "programmable communities" onchain. Its protocol leverages "loops" to create automated markets for actions, enabling creators and communities to design incentives for governance, launches, and engagement, according to a Markets Insider report. By integrating with platforms like Uniswap and Farcaster, Common lowers barriers for token creation and liquidity. The veCOMMON governance model further aligns incentives, fostering sustainable community growth, the report added.

Bitget's Launchpool initiative also includes additional campaigns to drive participation. A CandyBomb campaign offers 8 million COMMON in rewards for traders, while a community campaign allocates 833,000 COMMON to 750 users who meet engagement criteria, such as joining Discord groups and completing trades, the Markets Insider report said. These efforts highlight Bitget's focus on rewarding early adopters and fostering ecosystem growth.

The timing of the COMMON launch coincides with broader trends in stablecoin adoption and DeFi innovation. Stablecoin circulation has surged to $310 billion in 2025, with transaction volumes surpassing $27.6 trillion in 2024, the Markets Insider article noted. Meanwhile, projects like Morph are advancing blockchain infrastructure to support real-time stablecoin settlements, with throughput targets exceeding 10,000 transactions per second. Bitget's partnership with Morph positions the exchange to capitalize on this growth, linking its user base of 120 million across 150+ countries to onchain payment ecosystems.

For investors, the COMMON Launchpool represents an opportunity to engage with a project targeting programmable governance and community-driven incentives. However, as with all crypto assets, volatility and regulatory risks remain. Bitget cautions users to allocate funds they can afford to lose, noting that digital asset values may fluctuate significantly, the Markets Insider report warned.

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