BounceBit (BB) is a Layer 1 blockchain protocol designed to integrate Bitcoin restaking with the transparency and programmability of DeFi. It bridges CeFi (Centralised Finance) yields and DeFi (Decentralised Finance) mechanics, creating a secure hybrid ecosystem where BTC holders can earn layered yields while maintaining full on-chain visibility.
Built with EVM compatibility, BounceBit enables Bitcoin to participate directly in decentralised applications through wrapped assets and smart contracts. The BB token serves as the network’s native asset, powering staking, governance, rewards, and transaction fees across the BounceBit ecosystem.
BounceBit operates using a dual-token Proof-of-Stake consensus mechanism, where validators stake both BB and wrapped Bitcoin (BBTC) to secure the network. This dual-staking model allows BTC holders to earn additional rewards by restaking their assets without leaving the Bitcoin economy.
The network supports smart contracts for staking, lending, liquidity management, and governance, while introducing Liquidity Custody Tokens (LCTs) — synthetic assets representing restaked BTC. These LCTs can be freely used across DeFi protocols for yield farming, collateralisation, or trading, unlocking liquidity that would otherwise remain idle.
An integrated AI-powered aggregator helps optimise investment and yield strategies across DeFi, memecoins, and GameFi, allowing users to allocate capital efficiently based on real-time market data. By combining CeFi-level security with DeFi flexibility, BounceBit delivers a scalable, transparent environment for BTC-based yield generation.
The BounceBit ecosystem supports a variety of use cases that combine yield generation, liquidity, and governance:
BounceBit serves sectors including Bitcoin staking, DeFi lending, institutional custody, and digital asset management, offering a bridge between traditional finance and the decentralised economy.