BounceBit’s Prime Lending Market has crossed $500 million in active loans, cementing its position as one of the fastest-growing lending protocols in the Bitcoin-focused DeFi sector.
The platform allows users to supply bBTC, BB, BBUSD, and select stablecoins to earn interest, while borrowers can take overcollateralized loans for trading, yield farming, or real-world expenses. With rates dynamically adjusted through BounceBit’s algorithmic interest model, lenders are currently earning between 6%–18% APR depending on the asset supplied.
Borrowers benefit from instant approvals, no credit checks, and the ability to repay loans partially or in full at any time. The protocol is fully transparent, with real-time loan health monitoring and liquidation alerts built into the interface.
Institutional participation has also been notable — hedge funds and market makers have used the Prime Lending Market for short-term liquidity management, taking advantage of BounceBit’s high-speed settlement and low borrowing costs compared to centralized exchanges.
With plans to roll out undercollateralized institutional lending by early 2026, BounceBit could soon become a major liquidity hub for both retail and professional traders.