BounceBit: CeDeFi That Keeps Assets Liquid and Productive
BounceBit bridges centralized yields with DeFi composability. When you deposit assets like BTC, ETH, or USD, the protocol issues Liquid Custody Tokens (LCTs)—1:1 on-chain representations that remain liquid while the underlying assets are custody-held or staked. This allows users to earn institutional-style yields and use tokens in DeFi strategies such as farming, swaps, or lending.
How it works:
Liquid Custody (LCTs): keep assets represented on-chain for flexibility.
Liquid Staking Derivatives (LSDs): secure the protocol while generating yield.
Shared-Security Clients: enhance safety and enable restaking flows.
Practical benefits:
Users can earn custodial yields, use LCTs in DeFi, or stake for protocol rewards—without fully locking liquidity.
Why it matters:
Traditional yields are often off-chain and illiquid. BounceBit’s CeDeFi model combines custody-grade returns with on-chain utility, making yield both composable and auditable for retail and institutional participants.
