BounceBit ($BB) — Where Bitcoin Restaking Meets CeDeFi
BounceBit is the first native Bitcoin restaking Layer‑1, enabling BTC holders to restake via its hybrid PoS network (staking both BTC / BBTC and $BB) while tapping into both DeFi yield mechanics and CeFi-backed income streams.
The $BB token powers the network—used for staking collateral, validator rewards, gas, and governance participation . Its fixed 2.1 billion supply is a scaled‑down homage to Bitcoin’s 21 million cap—offering built-in scarcity and long-term alignment.
Trading near $0.09–$0.10 for a circulating market cap of about $65 million, it trades at nearly 90% below its June 2024 ATH of $0.86—clearly a project in its early innings.
As BTC restaking gains traction and CeDeFi strategies expand, BounceBit stands out as a core infrastructure layer for Bitcoin-enabled DeFi ─ offering real yield and smart-contract capability on a native BTC-secured, EVM-compatible chain.
