All the latest news and key insights you need from BounceBit
BounceBit is a pioneering CeDeFi protocol that integrates the security of centralized finance with the innovation of decentralized finance. It aims to maximize the utility of Bitcoin by enabling yield generation and decentralized infrastructure through its dual-token Proof-of-Stake (PoS) system. BounceBit offers a seamless bridge between traditional finance and decentralized innovation, providing users with access to institutional-grade financial tools and strategies.
BounceBit was developed to expand access to structured yield-generation strategies by leveraging a hybrid CeFi and DeFi model—CeDeFi. Instead of introducing another staking protocol or speculative yield instrument, BounceBit integrates institutional trading strategies within its ecosystem, providing users with access to returns derived from market-based mechanisms. This approach democratizes high-yield opportunities traditionally reserved for institutional investors, making them accessible to retail users.
BounceBit operates on a dual-token Proof-of-Stake (PoS) system, utilizing BBTC (a Bitcoin-pegged Liquid Custodial Token) and BB tokens. This system not only fortifies network security but also empowers Bitcoin holders to earn yield through restaking and tokenized real-world asset (RWA) strategies. The platform ensures transparent and efficient settlement and record-keeping on-chain, reinforcing the reliability of its CeDeFi infrastructure. Users can participate in various activities such as swaps, issuing meme tokens, and engaging in DeFi derivative trading, thereby generating additional income within the ecosystem.
$BB is the native utility and governance token of the BounceBit protocol. It serves several purposes within the ecosystem:
BounceBit launched its mainnet with validator staking, CeDeFi products, and RWA integration.
The project raised $6 million in seed funding to expand its Bitcoin restaking infrastructure.
BounceBit conducted its strategic private round, securing initial investments for its CeDeFi ecosystem.
BB tokens were listed on Binance, marking a major milestone for the project.
| ROI | PRICE | MARKET CAP | INVESTMENT |
|---|---|---|---|
| 1xx | $NaN | $undefined | |
| NaNxx | $NaN | $10.0M | $NaN |
| NaNxx | $NaN | $25.0M | $NaN |
| NaNxx | $NaN | $50.0M | $NaN |
| NaNxx | $NaN | $100.0M | $NaN |
| NaNxx | $NaN | $250.0M | $NaN |
| NaNxx | $NaN | $500.0M | $NaN |
| NaNxx | $NaN | $750.0M | $NaN |
| NaNxx | $NaN | $1.0B | $NaN |
| NaNxx | $NaN | $3.0B | $NaN |
| NaNxx | $NaN | $5.0B | $NaN |
| ATHx | $undefined | $NaN | $NaN |
