In a space where #bitcoin is traditionally seen as a static asset, BounceBit is changing the game. Launched in 2024, it’s the first native BTC restaking chain, offering BTC holders a way to generate real yield. By merging CeFi and DeFi through a unique CeDeFi framework, BounceBit unlocks new income streams for $BTC while maintaining security and flexibility. As of August 2025, the platform is gaining momentum thanks to new products, strategic partnerships, and increasing adoption.
What is BounceBit?
BounceBit is a dual-token, PoS Layer 1 blockchain that runs on both BTC and its native $BB token. Fully EVM-compatible, it combines Bitcoin's security with DeFi accessibility.
The main innovation? BTC restaking a way for BTC holders to earn staking rewards without giving up liquidity. Founded by Jack Lu, BounceBit delivers institutional-level strategies (like tokenized U.S. Treasuries) to everyday users, wrapped in a hybrid system that blends CeFi compliance with DeFi transparency.
CeDeFi: Where CeFi Meets DeFi
BounceBit’s CeDeFi model is its core differentiator. CeFi provides access to structured products and high-leverage trading via regulated custodians (like CEFFU). DeFi adds smart contract transparency and on-chain utility.
At the heart of this setup are Liquidity Custody Tokens (LCTs) like BBTC, which represent assets held in custody. These tokens can be restaked or used in DeFi, while still earning CeFi yields off-chain. Through partnerships like CEFFU’s mirrorX, users gain exposure to tokenized RWAs, such as U.S. Treasuries, enabling BTC-backed diversified yield generation.
BTC Restaking Explained
Inspired by Ethereum's restaking but built for BTC, BounceBit lets users stake BBTC with node operators to earn rewards in $BB. Users receive Liquid Staking Derivatives (LSDs), which can be restaked further into infrastructure layers—compounding rewards across the system.
The dual-token PoS model allows validators to secure the chain with BTC or BB . This approach blends Bitcoin’s robustness with PoS efficiency, transforming BTC into a productive asset that powers lending, staking, and yield farming in one ecosystem.
$BB Tokenomics at a Glance
The BB token fuels the BounceBit ecosystem. It plays multiple roles—staking, governance, fee payment, and yield enhancement.
Metric Value
Total Supply 2.1 billion $BB
Circulating Supply 686 million $BB
Market Cap $66.35 million USD
FDV $203 million USD
24h Trading Volume $22 million USD
Key Utilities:
Chain security and validator rewards
Governance and voting
Fee payments
Yield-boosting in products like BounceClub
Backed by Binance Labs, Blockchain Capital, and others, BB has strong investor support and a distribution strategy aimed at community growth and protocol adoption.
Ecosystem Highlights
BounceBit’s ecosystem includes:
BounceBit Chain – Fast, EVM-compatible Layer 1
BounceClub – AI-powered DeFi, memecoins & GameFi hub
Asset Management – One-click access to CeDeFi portfolios
Fixed Yield Products – Options like tokenized Treasuries
On-Chain Broker – Slippage-free, low-cost trading
RWA Integration – Yield from real-world assets
In June 2025, the launch of BounceBit Trade added 50x leveraged futures with integrated CeDeFi features.
August 2025: Recent Developments
As of August 6, BounceBit has partnered with Franklin Templeton to launch BB Prime, offering 4.5% yield through tokenized Treasuries and DeFi strategies. This news triggered a 16% price jump in $BB.
On social media, traders highlight short-term BB gains, though sentiment is mixed due to broader market volatility.
Metric Value
Current Price $0.0967 USD
24h Change -2.3%
7-Day Change -12.1%
Market Rank #469
24h Volume $22 million USD
Despite recent dips, trading volume remains strong, signaling ongoing interest and liquidity.
Final Thoughts: BTCFi is Here
BounceBit is reshaping Bitcoin’s role in crypto by turning it into a yield-generating asset. Its CeDeFi framework, support for restaking, and integration of RWAs are helping BTC evolve beyond a simple store of value.
While risks like regulation and market swings remain, BounceBit is emerging as a serious player in the BTCFi space. For those looking to put their Bitcoin to work, BB and BounceBit are worth watching in 2025 and beyond.