$BB is outperforming $BTC and $ETH by multiple percentage points.

Importantly, it also outperformed $ENA. This is significant as Ethena is the only real competitor in the #cedefi space that is providing “real yield” like BounceBit is doing.

I will definitely keep an eye on this dynamic and how it will evolve in the future. I think it reveals a lot about fundamental strength and value proposition of BounceBit as a project.