BounceBit ($BB) is the native utility token of the BounceBit blockchain, a BTC restaking platform leveraging a unique CeDeFi (Centralized Finance + Decentralized Finance) model to enable active participation and yield generation for Bitcoin holders.
Key Features & Uses
Dual-Token Proof-of-Stake: BB tokens are used alongside BBTC ( BTC-pegged asset) to secure the network and reward validators.
Transaction & Smart Contract Fees: BB is the primary payment mechanism for fees on the BounceBit chain.
Governance: Token holders can vote on protocol upgrades and crucial decisions affecting the platform's development.
CeDeFi & Ecosystem Participation: BB serves as a platform token for CeDeFi products, enabling participation in yield-generating activities, access to exclusive products, and incentives for asset managers. It also interacts with AI agents in BounceClub V2.
Price and Market Data (September 26, 2025)
Current Price: Approximately $0.207006 USD.
24-hour Performance: Price has decreased by 6.61%.
All-Time High: $0.865453.
Market Cap: $164.45M.
24-hour Trading Volume: $64.36M.
Circulating Supply: 794.66M BB (approximately 37.84% of total supply).
Total Supply: 2.1 billion BB.
Initial Circulating Supply (at listing): 409.5 million BB (approximately 19.50% of total supply).
Recent Performance
Over the past 7 days, BB's price increased by 9.35%, outperforming the global cryptocurrency market which is down -7.10%.
Over the last 30 days, BB's price increased by 54.76%.
Over the last 90 days, BB's price increased by 171.36%.
Key Qualitative Insights
BounceBit aims to transform Bitcoin from a passive asset into an active participant in network validation and yield generation.
The project emphasizes security through MPC technology and off-exchange settlement (OES).
BB tokenomics emphasize sustainability, with allocations for community incentives, ecosystem development, and team/advisors with lock-up periods.
There are planned token releases, including one in September 2025 that will unlock approximately 42.89 million BB ( 6.31% of the circulating supply), with funds potentially allocated for ecosystem expansion based on community voting.
BounceBit utilizes a "Liquid Custody" model where deposited assets are represented by Liquid Custody Tokens (LCTs), which can be bridged and further utilized.
The platform is expanding with BounceBit V2, including CeDeFi V2 & BounceClub V2, which will add features like subordinate fund products, entry tickets for exclusive products, and AI integration.
BounceBit is seen as relevant in the current market, especially with the rise of Bitcoin halving and institutional adoption, and has reportedly exceeded $1 billion in Total Value Locked (TVL).
While $BB has faced volatility, being significantly below its all-time high, it is seen as having high potential.
BounceBit is powered by Binance Megadrop, a new token issuance platform integrated with Binance Earn and the Binance Web3 wallet.
@BounceBit #BounceBitPrime #BB $BB