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BounceBit BTC

BounceBit BTC

BBITBTC

Key Stats

Total Supply43.50 BBITBTC
Max Supply∞
Launch Date2024-04-16
Built OnETH
Token StandardERC20
Smart Contract Address0xF5e1…81dC
Decimal Places18

BounceBit BTC Information

Parent Asset

BounceBit BTC Price Converter

BounceBit BTCBBITBTC
USD

Due to the 'BBTC' ticker's prior association with a more prominent asset, the BounceBit BTC Token uses the alternative ticker 'BBITBTC' for clear identification.

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BounceBit BTC Supported Platforms

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
BBTCERC20ETH0xF5e11df1ebCf78b6b6D26E04FF19cD786a1e81dC2024-04-16
BBTCBEP20BNB0xf5e11df1ebcf78b6b6d26e04ff19cd786a1e81dc2024-04-16
BBTCBB0xF5e11df1ebCf78b6b6D26E04FF19cD786a1e81dC2024-08-30

About BounceBit BTC

BounceBit BTC (BBTC) is a liquid custody token pegged to Bitcoin, built on a PoS chain designed for BTC staking and restaking. It unlocks yield generation from both CeFi and DeFi sources, using a dual-token security model.

Frequently Asked Questions

BounceBit BTC (BBTC) is a liquid custody token (LCT) pegged 1:1 to Bitcoin and native to the BounceBit proof-of-stake Layer‑1 blockchain. It functions like a wrapped Bitcoin, enabling BTC holders to engage in staking and restaking activities across the BounceBit ecosystem.

  • Staking & restaking: Holders can stake BBTC with validators to earn a liquid staking derivative (LSD) token (e.g. stBBTC), which can then be restaked into shared security clients, BTC bridges, oracle systems, and data availability layers

  • Yield from CeFi and DeFi: The platform combines centralized finance custody sources with decentralized staking mechanisms, allowing BBTC holders to earn yield through both on-chain and off-chain systems

  • Governance participation: Token BB (native to BounceBit) is used jointly with BTC to validate the network. BBTC helps bootstrap security and aligns incentives within dual-token consensus