
Here’s a sleek visual representing BounceBit (BB)—a cutting-edge project in the CeDeFi (Centralized + Decentralized Finance) space.
What is BounceBit?
BounceBit is a pioneering CeDeFi platform that empowers Bitcoin holders with advanced yield-generation opportunities by combining tokenized assets with innovative blockchain infrastructure.(Bounce Bite, BounceBit)
Key Features at a Glance:
Bitcoin Restaking (BTC Restaking Chain)
Users deposit BTC in regulated custody and receive BBTC, a 1:1 token representation. BBTC (along with BB, BounceBit’s native token) can be staked and even restaked across multiple protocols for extra yields—enhancing capital efficiency.(Gate.com, Bitrue, Bounce Bite)
Dual‑Token Proof‑of‑Stake (PoS) Mechanism
Validators stake both BBTC and BB, securing the network while earning rewards. This dual-token approach increases security and aligns decentralized governance with Bitcoin’s liquidity.(Gate.com, Gate.com)
EVM Compatibility & DeFi Accessibility
BounceBit Chain is fully compatible with the Ethereum Virtual Machine, enabling seamless deployment of smart contracts and integration with existing DeFi tools.(Gate.com, Gate.com)
Liquid Custody Tokens (LCTs)
Through its CeDeFi architecture, BounceBit issues LCTs like BBTC and BBUSD—tokenized assets held in regulated custody, redeemable 1:1. These tokens let users stay liquid, participate in DeFi, and earn CeFi yields simultaneously.(Digital Markets Network, BounceBit)
Institutional‑Grade Yield Products & RWA Integration
BounceBit offers structured yield strategies—like funding-rate arbitrage, fixed-yield products, and real-world assets (RWAs). The upcoming BounceBit Prime will extend institutional product offerings, bridging Western tokenized assets with Asian liquidity markets.(Medium, BounceBit)
Strong Backing and Rapid Growth
Raised $6M seed funding led by Blockchain Capital and Breyer Capital, with support from Binance Labs, NGC Ventures, and others.