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ProtocolsBounceBit CeDeFi

BounceBit CeDeF...

Total Value Locked
$140.37m
Chain Breakdown
BounceBit$131.57m
BSC$8.75m
Ethereum$54,925

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.