BounceBit Premi...

Total Value Locked$182.18m

Chain Breakdown
BounceBit	$181.77m
BSC	$411.08k
Ethereum	$0

USD ETH

Information

Protocol Information

BounceBit introduces a distinctive feature - the parallel generation of yield from both CeFi and DeFi. Users can earn original CeFi yield while utilizing LSD for BTC staking and on-chain farming, a process known as restaking in Bitcoin. This ecosystem offers three types of yield for Bitcoin holders: Original Cefi yield, node operation rewards from staking BTC on the BounceBit chain, and opportunity yield from participating in on-chain applications and the Bounce Launchpad.

Category: Basis Trading

Website Twitter

Token Information

Methodology

Check the code

Competitors

Ethena ($3.59b)USDX Money ($181.9m)Manta CeDeFi ($120.8m)Manta MYield ($114.16m)Superstate USCC ($35.68m)Resolv ($25.43m)BounceBit Easy ($11.85m)OpenDelta Perpetual Bond ($5.05m)Tangible Arcana ($2.09m)Astherus USDF ($2m)