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BounceBit

BounceBit

BB
#817
$0.009268Down 2.86 percent($0.00)

Key Stats

Market Cap$4.74MDown 2.86 percent
Volume (24h)$1.94M
Fully Diluted Value$19.46M
Vol/Mkt Cap (24h)40.85%
Total Supply2.10B BB
Max Supply∞
Circulating Supply511.91M BB
Launch Date2024-04-08
Block Number8,674,476

BounceBit Information

Websites
bouncebit.io
Block Explorers
bbscan.io
Industries
Platform

BounceBit Price Converter

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BounceBit Markets

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InstrumentExchangeBenchmark DataPrice24h Change
BounceBitUSDT logo
BB-USDT
BBUSDT
binance logobinance
AA
0.009270USDT
-2.83%
BounceBitTRY logo
BB-TRY
BBTRY
binance logobinance
AA
0.4489TRY
-2.75%
BounceBitUSDT logo
BB-USDT
BB_USDT
whitebit logowhitebit
BB
0.009290USDT
-3.03%
BounceBitUSDC logo
BB-USDC
BBUSDC
binance logobinance
AA
0.009270USDC
-2.83%
BounceBitUSDT logo
BB-USDT
BBUSDT
bybit logobybit
A
0.009290USDT
-2.62%

About BounceBit

BounceBit (BB) is a CeDeFi platform that leverages a dual-token PoS consensus mechanism to secure its network and provide high-yield opportunities. It supports EVM-compatible dApps and offers robust security and liquidity solutions. The BB token is central to the ecosystem, used for staking, transaction fees, governance, and more. Founded by Jack Lu, BounceBit aims to merge the strengths of CeFi and DeFi, enhancing the utility of Bitcoin and other digital assets.

Frequently Asked Questions

BounceBit (BB) is a cryptocurrency platform designed to integrate the benefits of both centralized finance (CeFi) and decentralized finance (DeFi), a concept known as CeDeFi. It employs a dual-token Proof-of-Stake (PoS) consensus mechanism, using both BB and BBTC (Bitcoin on BounceBit) to enhance network security and functionality. The platform is EVM-compatible, allowing for the development and deployment of decentralized applications (dApps). Additionally, BounceBit incorporates liquid staking and custody solutions, providing users with flexible and secure asset management options​​​​​.

BounceBit’s primary utility token, BB, serves multiple roles within the ecosystem. It is used for staking in the dual-token PoS mechanism, which rewards validators and ensures network security. BB is also used to pay for transaction fees, execute smart contracts, and participate in on-chain governance, including voting on protocol changes and software upgrades. Furthermore, BB facilitates liquidity provision, delegation of staking rights, and engagement in the platform’s various yield-generating activities.

BounceBit was founded by Jack Lu, who also serves as the Chief Executive Officer. Jack Lu is a co-founder of Bounce Finance, a project related to the BounceBit ecosystem.