Table of Contents
Partnership delivers on-chain yields on USDC and BTC to customers of Bitget and Bitget Wallet.
- Bitget unlocks on-chain yield for 125M+ users through a new collaboration with Morph, Gauntlet and Morpho.
- Users can earn up to ~18% APY on USDC and ~3% APY on bgBTC without leaving the Bitget ecosystem.
- Morph-powered infrastructure brings institutional-grade DeFi to mainstream users with seamless access, curated strategies and cross-chain connectivity.
Cayman Islands, 31 JULY 2026, 09:00 CET
Morph, a purpose-built payments network, today announced a landmark multi-party collaboration with premier yield curator Gauntlet and leading on-chain credit network Morpho, to deliver institutional-grade on-chain yield strategies to more than 125 million users of Bitget Wallet and Bitget Exchange.
With Morph powering the infrastructure for a seamless experience, Bitget customers will be able to access Gauntlet’s Morpho and Aera vaults on Morph with all complexity abstracted, while keeping their BTC positions.
“The future isn't about forcing users to learn new systems. It's about bringing opportunities to where users already are,” says Gracy Chen, CEO at Bitget. “By integrating onchain yield directly into the Bitget experience, we're removing friction between holding BTC and putting it to work.”
Alvin Kan, COO at Bitget Wallet, added, "Self-custody and institutional-grade yield are no longer a trade-off. Earning meaningful yield on USDC used to mean surrendering custody and navigating complex DeFi protocols. This integration removes both, users access curated strategies directly within their account while retaining full ownership."
The launch enables users to simply deposit their USDC and BTC directly on Bitget and Bitget Wallet to enjoy yields of around 18% APY on USDC and 3% APY on bgBTC (Bitget Wrapped Bitcoin). The bgBTC yield strategy will be available on Bitget Exchange starting July 31, and the USDC yield strategy will be available on the self-custodial Bitget Wallet starting August 3.
“This collaboration is a direct expression of what Morph’s network speed and capabilities make possible, connecting institutional-grade onchain yield infrastructure to hundreds of millions of users through a seamless, user-friendly interface," said Kate Wong, Liquidity & DeFi Lead at Morph.
“Gauntlet’s mission is to bring a rigorous, data-driven balance of managing both yield and risk to on-chain capital markets. Deploying our vault strategies on Morph, and making them accessible to Bitget’s user base, represents exactly the kind of scale and reach we are building toward.” said Matt Dobel, VP of Growth at Gauntlet.
"This integration with Morph shows how onchain finance can reach massive scale when it is embedded into products people already use everyday. This is what Morpho’s infrastructure enables: on-chain lending delivered through familiar interfaces, without any additional complexity for the user," said Paul Frambot, CEO and Co-Founder of Morpho.
Through its industry-leading interoperability infrastructure, Chainlink’s Cross-Chain Interoperability Protocol (CCIP) enables seamless bgBTC transfers between Morph’s Layer 2 infrastructure and other blockchains with the highest level of cross-chain security in the industry.
This partnership advances Morph’s broader mission as the payments and settlement layer for Web3 financial infrastructure, demonstrating how its B2B integration capabilities translate directly into capital efficient financial products at scale.
Media Contact
Deborah Tan-Pink
Senior Global PR Manager
deborah.tanpink@morphl2.io
About Morph
Morph is building the infrastructure behind both everyday payments and the growing onchain markets. Built around two networks, each is designed for a different job. Morph's Layer 2 network handles stablecoin payments by moving money quickly, cheaply, and securely for global commerce. Morph Tachyon, a Layer 1 network, is built specifically for trading apps and onchain markets, fast enough to handle real-time odds, rapid trading, and large-scale market settlement.
For more information, visit morph.network.
About Bitget
Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 500+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution.
Bitget is driving crypto adoption through strategic partnerships such as MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.
For more information, visit: Website | X | Telegram | LinkedIn | Discord
About Bitget Wallet
Bitget Wallet is a self-custodial crypto wallet built for everyday finance, trusted by over 100 million people to save, send, and spend digital dollars, and access global markets. It brings together stablecoin payments, Visa and Mastercard crypto cards, local buying and cash-out options, support for more than 100 fiat currencies, earning products, and access to more than 1 million crypto and tokenized real-world assets across 130+ blockchains in one account. Users retain full ownership of their assets, protected by hardware-backed key security, independent security audits, real-time risk monitoring, and a $300 million user protection fund.
For more information, visit web3.bitget.com.
About Gauntlet
Gauntlet equips investors, builders, and token issuers with data-driven strategies to confidently allocate over $1.5 billion onchain across 150+ fintech and institutional integrations. With eight years of cryptoeconomic research and analysis, Gauntlet builds protocol and yield optimization strategies working with leaders across the crypto ecosystem, including Coinbase, Morpho, Uniswap, Arbitrum, and NEAR. Gauntlet's models have safeguarded over $42 billion in digital assets across the crypto ecosystem, driving capital efficiency and mitigating risk.
To learn more, visit gauntlet.xyz.
About Morpho
Morpho is an open credit network with $11B+ in deposits connecting lenders and borrowers to the optimal opportunities worldwide. Businesses can utilize Morpho's open infrastructure to power any lending or borrowing use case at scale, including embedded crypto-backed loans, custom yield solutions, and vault curation. Morpho serves as the backend powering innovative financial institutions and enabling leaders like Coinbase, Bitwise Asset Management, and Société Generale to deploy secure, scalable, and custom onchain credit products.
For more information, please visit Morpho.org.
