Introduction
The expansion of the Bitcoin ecosystem, supported by technologies such as inscriptions and BTC Layer 2 solutions, has opened new opportunities for blockchain projects to contribute to decentralized finance (DeFi). Bounce Finance, a decentralized auction protocol established in 2020, has evolved to align its services with this growing ecosystem.
This article provides an overview of Bounce Finance, its founding team, core products and its positioning within the BTC ecosystem.
What is Bounce Finance?
Bounce Finance is a multi-chain decentralized auction protocol offering services across different asset classes, including:
Token auctions
NFT auctions
Real-world collectibles
Advertising space auctions
It also provides SDKs and plugins for developers, as well as a Private Launchpad for token issuance and fundraising.
In 2023, Bounce Finance introduced a brand update with a focus on building products designed for the Bitcoin ecosystem, reinforcing its commitment to supporting BTC-related projects through auction-based mechanisms.
Team and Supporters
Bounce Finance was co-founded by:
Ryan Fang – Co-founder of Ankr and PrimeBlock.
Jack Lu – Co-founder of Chainswap, with expertise in consensus design and blockchain economics.
The project has also received support from several well-known blockchain investors, further strengthening its development and ecosystem integration.
Core Products
Bounce Bit
Bounce Bit provides a solution that connects Bitcoin with DeFi through the use of pegged assets. By locking BTC and issuing pegged tokens, users are able to engage in DeFi activities while maintaining exposure to Bitcoin.
Bounce Auction
Bounce Auction serves as the protocol’s core platform, supporting multiple auction formats such as:
Fixed Price Auction
English Auction
Dutch Auction
Sealed Bid Auction
Random Selection (Lottery) Auction
On-Chain Order Book Auction
These diverse formats allow projects, businesses and individuals to conduct auctions that fit their requirements.
Bounce Box
Bounce Box, currently under development, is designed to become a comprehensive DeFi platform, adding new layers of functionality to the Bounce ecosystem.
Private Launchpad and IDOs
The Private Launchpad is a central feature of Bounce Finance, designed to facilitate token launches through fair and transparent auctions. Since its introduction, it has supported multiple projects across different chains, including those within the Bitcoin ecosystem.
Bounce Finance applies structured auction models such as lottery-based allocation and staking-based participation to ensure equitable token distribution.
Token Utility
Bounce Finance is powered by its native token, $AUCTION, which plays a functional role in the ecosystem.
Total Supply: 10 million
Utility: Used in auction participation, staking and accessing additional platform features.
Future Prospects
Bounce Finance continues to expand its infrastructure with a focus on the BTC ecosystem. Its roadmap includes:
Broadening support for BTC-based projects through the launchpad.
Developing Bounce Box into a DeFi hub.
Expanding auction services and platform functionality.
Conclusion
Bounce Finance has grown from a multi-chain auction protocol into a Bitcoin-focused infrastructure provider. With its innovative auction formats, private launchpad and expanding DeFi solutions, the project is positioned to contribute significantly to the integration of Bitcoin within decentralized finance.
By combining flexibility, transparency and ecosystem alignment, Bounce Finance demonstrates how auction mechanisms can play a key role in the evolving blockchain landscape.
