What is BounceBit (BB)?

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.

What is BounceBit (BB) used for?

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.

Who created BounceBit (BB)?

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.

BounceBit (BB) Markets

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	BB-USDT BBUSDT	binance	AA	0.008900USDT	5.95%	265,993,232.10BB	51,722	0.008400USDT	0.009390USDT
2	BB-TRY BBTRY	binance	AA	0.4337TRY	6.48%	172,986,369.30BB	15,259	0.4073TRY	0.4576TRY
3	BB-USDC BBUSDC	binance	AA	0.008890USDC	5.83%	9,593,685.90BB	2,578	0.008400USDC	0.009380USDC
4	BB-USDT BB_USDT	whitebit	BB	0.008850USDT	5.99%	6,858,866.30BB	11,009	0.008350USDT	0.009350USDT
5	BB-USDT BB_USDT	gateio	A	0.008895USDT	5.97%	5,124,668.00BB	614	0.008394USDT	0.009349USDT
6	BB-USDT BBUSDT	bybit	A	0.008890USDT	5.96%	4,292,467.02BB	2,214	0.008390USDT	0.009380USDT
7	BB-USDT BBUSDT_SPBL	bitget	BB	0.008870USDT	5.60%	3,794,436.40BB	1,484	0.008400USDT	0.009370USDT
8	BB-USDC BB_USDC	gateio	A	0.008802USDC	5.14%	1,978,688.00BB	215	0.008372USDC	0.009410USDC
9	BB-TRY BB_TRY	whitebit	BB	0.4280TRY	4.39%	1,437,040.10BB	946	0.4100TRY	0.4610TRY
10	BB-BTC BB_BTC	whitebit	BB	0.0₆1020BTC	0.99%	667,035.40BB	127	0.0₆1010BTC	0.0₆1100BTC
11	BB-USDT BB_USDT	p2pb2b	D	0.008890USDT	5.83%	106,410,823.50BB	29,044	0.008400USDT	0.009390USDT
12	BB-USDT bb_usdt	lbank	C	0.008890USDT	5.71%	64,055,459.20BB	7,769	0.008410USDT	0.009380USDT
13	BB-KRW BB_KRW	bithumbkorea	-	11.77KRW	3.34%	54,207,764.88BB	1,935	11.39KRW	12.52KRW
14	BB-USDT BBUSDT	mexc	C	0.008886USDT	5.80%	9,961,086.57BB	3,406	0.008399USDT	0.009367USDT
15	BB-USDT BB_USDT	bydfi	-	0.008900USDT	5.95%	6,245,096.29BB	3,188	0.008400USDT	0.009370USDT
16	BB-USDT bbusdt	huobipro	C	0.008800USDT	7.32%	512,873.07BB	150	0.008200USDT	0.009300USDT
17	BB-USDT BBUSDT	coinex	C	0.008019USDT	-2.92%	1,536.75BB	7	0.008261USDT	0.008503USDT
18	BB-BRL BB-BRL	mercadobtc	C	0.06999BRL	0.00%	0BB	0	0.06999BRL	0.06999BRL