#BounceBit is revolutionizing the crypto ecosystem by introducing an exclusive restaking protocol for Bitcoin, combining blockchain security and CeDeFi with technologies like Liquid Custody Tokens (LCTs) and a dual-token PoS system.
Officially launched in May 2024 with the backing of investors like Blockchain Capital, this project transforms inactive Bitcoin into a dynamic asset for DeFi, similar to turning a calm river into a hydroelectric plant that generates constant energy.
At 08:52 PM EDT on August 21, 2025, BounceBit positions itself as an innovative bridge between CeFi and DeFi, democratizing access to high yields.
The BounceBit protocol operates as an EVM-compatible Layer 1 chain, secured by BTC staking and its native token $BB.
It converts Bitcoin into wrapped versions (like BBTC) through regulated custody with CEFFU and Mainnet Digital, allowing its use in staking, restaking, and DeFi as AMMs or yield farming.
It is like a network of roads connecting isolated towns, facilitating the flow of liquidity and security in a multi-chain ecosystem, where validators secure the network with a unique hybrid approach.
Among its additional benefits, users receive liquid staking derivatives (stBTC) to reinvest, along with institutional yield opportunities and AML/KYC compliance.
Its future vision aims to expand use cases with SSCs (shared security clients) such as oracles and bridges, transforming BounceBit into the heart of a technological forest where Bitcoin thrives in Web3, driving innovation and global accessibility.
