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ProtocolsBounceBit Premium

Total Value Locked$169.96m

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Chain Breakdown
BounceBit$169.56m
BSC$403.77k
Ethereum$0
USDETH

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

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Token Information

Methodology

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Competitors

BounceBit CeDeFi Yield ($432.13m)Ethena USDe ($5.9b)USDX Money ($489.12m)Resolv USR ($261.31m)Manta CeDeFi ($124.18m)Manta MYield ($59.16m)Astherus USDF ($56.67m)Superstate USCC ($45.64m)Resolv RLP ($34.62m)Theo Network ($25.24m)

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