BounceBit Connects CeFi and DeFi for Yield (CeDeFi)

Core Concept: BounceBit pioneers a hybrid CeFi–DeFi model, combining centralized custody security with decentralized yield mechanisms. This hybrid infrastructure lets users tap into both sides simultaneously for optimized returns.

Platform Upgrades & Capabilities:

The platform launched CeDeFi V2 on November 12, 2024, introducing multi-chain support (BTC, ETH, BNB, SOL, USDT), enhanced APY options, and improved security—attracting over $10 million in the first hour.

It also anchors institutional-grade strategies like Bitcoin restaking, DeFi primitives layering, and tokenized money market exposure (e.g., via BlackRock’s BUIDL fund).

What This Enables: BounceBit democratizes advanced yield strategies previously reserved for institutions—preserving custodial security while unlocking high transparency and flexibility across the DeFi ecosystem.