BounceBit is no longer just a Bitcoin staking project - it is currently entering a major transformation phase with an update v3 named “Big Bank”. In this version, the team is integrating a perpetual DEX natively and introducing a new token standard that can generate automatic interest (interest-bearing BB tokens). Thus, BB holders will see their balances grow on their own as income is earned.
One of the main drivers of BounceBit is BounceBit Prime, a flagship product that combines real-world asset (RWA) based yield with traditional block mechanisms. Recently, Prime surpassed $1.5 billion in cumulative volume, driven by support from the Benji token issued by Franklin Templeton. The Benji Vault even provides an average yield of ~13.31% APY from structural strategies and base yield.
In terms of token utility, BB serves multiple functions: as a staking token, gas fee, governance tool, as well as the capacity to be used in its hybrid CeDeFi yield mechanism. The total token supply is locked at 2.1 billion - this figure was deliberately chosen as a symbolic reflection of 21 million Bitcoin.
On the market side, the price of BB has experienced fluctuating pressure. On CoinGecko, for example, BB is recorded at $0.07626 - down several percent from the previous period. However, medium-term sentiment remains driven by the project's aggressive roadmap, such as plans for tokenized equities for Q4 2025 (covering the US, Europe, Hong Kong, Japan) and regional stablecoin expansion in 2026.
Interestingly: the buyback program (buying back BB) is also already active - the protocol reportedly has bought back 5 million BB (~$990,000) using revenue, as an effort to reduce circulating supply and enhance market confidence.
However, challenges remain real. The launch of perpetual DEX and interest-bearing tokens requires strong technical execution. Unlocking tokens that are still scheduled could become a market burden if a large supply is released simultaneously. And of course, regulations in the US and Europe hold uncertainty for tokenized asset-based financial products.
Overall, BounceBit appears to be moving from an experimental phase towards a fully programmed financial ecosystem. If Big Bank and Prime really run smoothly - as well as real institutional adoption accompanying - BB could become a real bridge between Bitcoin and modern finance.
