BounceBit

BounceBit (BB) ranks #1009 by market capitalization, at $11.31M. It belongs to the DeFi sector (Restaking). It has traded since Feb 3, 2023, across 17 markets on 12 exchanges, with $5.72M of volume in the last 24 hours. Its all-time high of $0.850505 was reached on Jun 5, 2024; the current price is 99.2% below that peak. Its cycle low of $0.00628046 came on Nov 5, 2026.

34 investors are recorded as backers, including YZi Labs (formerly Binance Labs), NGC Ventures, OKX Ventures. On BNB Chain, 23,204 addresses hold BB. It is available on 3 networks.

BounceBit is a blockchain platform operating as a Layer 1 Proof-of-Stake (PoS) network, designed to integrate Bitcoin (BTC) into a dual-token staking system. It uses both BTC and its native token, $BB, to secure the network, offering full compatibility with the Ethereum Virtual Machine (EVM). The platform combines elements of centralized finance (CeFi) and decentralized finance (DeFi), termed CeDeFi, by leveraging regulated custody solutions from partners like Mainnet Digital and Ceffu. Users can deposit BTC variants (e.g., native BTC, BTCB, WBTC) to earn yields through staking, restaking, and on-chain activities like farming. BounceBit introduces Liquidity Custody Tokens (LCTs) to maintain asset liquidity while generating returns. It also features a BTC bridge for cross-chain transfers, an app store for decentralized applications, and tools like BounceBox, aiming to connect Bitcoin’s security with broader blockchain ecosystems.