BounceBit debuts innovative BUIDL-powered trading approach

#BounceBit has successfully implemented an innovative trading strategy using #BlackRock ’s USD Institutional Digital Liquidity Fund #BUIDL as collateral, demonstrating the potential of merging tokenized treasuries with traditional basis trading methods. BounceBit’s dual strategy approach combines #BTC basis and options trades (~20% APY) with BUIDL’s native yield (~4%), unlocking a total return of ~24%, outperforming traditional stablecoin-backed strategies. The initiative leverages BounceBit’s #CeDeFi infrastructure to securely mirror collateral between custodians and trading platforms.

BounceBit is a $BTC restaking chain with an innovative CeDefi framework, transforming $BTC from a passive asset into a dynamic force within the ecosystem by active participation in network validation and a variety of yield generating activities.

👉 medium.com/@bouncebit/bouncebit-demonstrates-buidl-powered-trading-strategy-2897b118041f