BounceBit (BB) is a cryptocurrency token that operates on a BTC restaking chain with an innovative CeDefi framework. This framework combines the benefits of centralized finance (CeFi) and decentralized finance (DeFi) to democratize access to high-yield opportunities within the Bitcoin asset class ¹.
Here are some key highlights of BounceBit:
- *Tokenomics*: The total supply of BB is 2.1 billion, with a circulating supply of 475.38 million ².
- *Price*: The current price of BB is $0.369255, with a 24-hour trading volume of $152.87 million ².
- *Exchanges*: BB is traded on several cryptocurrency exchanges, including Binance, KuCoin, and Bybit ² ¹.
- *Use Cases*: BB can be used for staking, protocol incentives, gas fees, governance, and as a currency on the BounceBit platform ¹.
- *Roadmap*: BounceBit's roadmap includes the launch of its mainnet, ecosystem building, and the development of new CeDeFi products ¹.
Overall, BounceBit aims to provide a platform for users to earn yield on their Bitcoin holdings while maintaining the security and decentralization of the Bitcoin network ¹.