What is BounceBit (BB)?

Deep Dive

1. Purpose & Architecture

BounceBit is designed as a foundational CeDeFi (Centralized Decentralized Finance) infrastructure. It aims to bridge the gap between traditional and decentralized finance by leveraging regulated custody from partners like Mainnet Digital and Ceffu for asset security, while operating a transparent, on-chain ecosystem (BounceBit Documentation). The network is a standalone EVM-compatible Layer 1 blockchain, where BB is the gas token, enabling smart contracts and decentralized applications.

2. Core Innovation: Dual-Token Staking & Restaking

The project's key differentiator is its native BTC restaking mechanism. It introduced a dual-token Proof-of-Stake system where validators must stake both BB and tokenized Bitcoin (BBTC) to secure the network. This design aims to leverage Bitcoin's security and value while enabling BTC holders to earn yield through staking and various DeFi strategies on the BounceBit chain (BounceBit Mainnet is LIVE).

3. BB Token Utility & Ecosystem Evolution

The BB token has a fixed supply of 2.1 billion and serves multiple roles: network gas, staking in the PoS system, and governance voting. The ecosystem has expanded significantly with BounceBit Prime, a structured yield platform launched in June 2025 that integrates tokenized real-world assets (RWAs) like BlackRock's BUIDL and Franklin Templeton's BENJI funds as collateral for institutional-grade yield strategies (CoinMarketCap Community). Future plans include tokenized stock products and the Ignition Chain upgrade for high-frequency trading in 2026.

Conclusion

Fundamentally, BounceBit is a yield-generation infrastructure that uses Bitcoin's security as a foundation for its CeDeFi ecosystem. How will its ongoing integration of traditional financial assets reshape access to institutional-grade yields on-chain?