BounceBit is a pioneering CeDeFi (Centralized-Enabled DeFi) infrastructure and native BTC restaking chain, transforming Bitcoin into a yield-generating asset via dual-token PoS consensus—secured by BTC and native $BB staking—with full EVM compatibility for seamless DeFi migration.
Founded by ex-NGC Ventures partner Jack Lu, it raised $6M in seed funding from Blockchain Capital, Breyer Capital, and Binance Labs in 2024, launching TGE via Binance Megadrop in May. Key innovations include liquidity custody tokens (LCTs) for CeFi yields, restaking, and RWA integration.
