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View ChartBounceBit (BB) is a CeDeFi infrastructure project and EVM-compatible Layer 1 blockchain designed to bring tokenized real-world assets and institutional-grade collateral into crypto markets. Launched in 2024 as the first native BTC restaking chain, it combines a Proof-of-Stake settlement layer with an institutional collateral framework. The platform enables BTC holders to restake their assets while integrating centralized and decentralized finance models. BB has a maximum supply of 2,100,000,000 tokens, referencing Bitcoin's 21 million cap. Following a security incident in August 2026, the project announced it would permanently disable its standalone Layer 1 chain and migrate to BNB Chain, with BB tokens reissued on BNB Chain.
BounceBit was founded by Jack Lu, who serves as Founder and CEO. Jack Lu previously co-founded Bounce, a decentralized auction house, and accumulated significant experience in investment before founding BounceBit. The project is backed by a well-connected team with support from top-tier venture capital. In February 2024, BounceBit raised $6 million in a seed round. Backers include Binance Labs, Breyer Capital, Blockchain Capital, OKX Ventures, dao5, CMS, Bankless Ventures, NGC, and Mirana, among other investors. Angel investors include XinJun Liang, Nathan, Calvin, Jessy, Kevin, Ashwin, George Lambeth, Pranay Mohan, James Parillo, RookieXBT, MacnBTC, and Pentosh1.
BounceBit operates as an EVM-compatible Proof-of-Stake Layer 1 that separates custody, execution, and onchain accounting. Its dual-token PoS consensus requires validators to stake both BTC and BB tokens, leveraging Bitcoin's deep liquidity and low volatility while using BB to enhance network security. Validators record and verify transactions, receiving transaction fees as rewards. The platform integrates a CeFi model using Mainnet Digital's custody services and Ceffu's MirrorX technology, allowing BTC to maintain its on-chain presence while engaging in trading activities on centralized exchanges. A BTC Bridge facilitates secure transfers between the Bitcoin network and EVM chains. The BB-Token Standard (V3) introduces rebasing, yield-embedded voucher tokens such as BBUSD and BBTC, minted when users subscribe to V3 vaults, usable across DEXs, money markets, perpetuals, and staking.
BounceBit distinguishes itself through its CeDeFi model, which bridges centralized finance custody with decentralized finance execution. As the first native BTC restaking chain, it enables BTC holders to actively participate in network validation while earning rewards. The project's focus on tokenized real-world assets makes it relevant for market makers, trading firms, and treasuries seeking regulated custody combined with onchain collateral mobility. BounceBit Prime integrates tokenized cash equivalents from Franklin Templeton's Benji and BlackRock's BUIDL via Securitize, with client assets custodied at Standard Chartered and connected to execution through an off-exchange collateral mirroring model. The Ignition Upgrade promises 0.5-second block time, EIP-1559 support, and improved throughput. The dual-token system mitigates risks associated with market volatility.
BB tokens serve multiple functions within the BounceBit ecosystem. Users can stake BB to participate in network validation and earn staking rewards. BB is used to pay for transactions on the network and for smart contract interactions when deploying or using decentralized applications. Holders can participate in governance by voting on protocol upgrades and network changes. BB functions in DeFi applications for lending, borrowing, and providing liquidity. It serves as the primary currency for NFT transactions within the ecosystem. Additionally, BB is used as exclusive margin collateral for leveraged trading of global crypto assets through Quanto Trading. The token also plays a role in the Farm product, where staking BB farms rewards and compounds ecosystem holdings.
The BounceBit ecosystem includes several products: BounceBit Borobudur for CeDeFi asset management, The Foundation for institutional-grade compounding yield on BTCB, ETH, SOL, USDT, or BNB, BB Credit for interest-free liquidity against deposits, Farm for staking rewards, Quanto Trading for leveraged crypto trading with BB as margin collateral, and Trade Tokenized Stocks for 24/7 RWA investing in U.S. stocks, ETFs, gold, and treasury bills. BounceBit Prime empowers institutions with RWA liquidity and layered yield. RWA partners include OKX, Franklin Templeton, Benji, Centrifuge, Circle, Hashnote, and Superstate. Institutional integrations include Franklin Templeton's Benji, BlackRock's BUIDL via Securitize, Standard Chartered for custody, OKX for off-exchange settlement, Mainnet Digital for custody, and Ceffu's MirrorX. As of September 16, 2026, BounceBit processed $289,366,299 in assets under management.
BounceBit does not use traditional mining. Instead, it employs a dual-token Proof-of-Stake consensus mechanism where validators stake both BTC and BB tokens to secure the network and validate transactions. Miners securing the BounceBit network receive BB tokens as rewards according to available technical documentation. Staking details indicate an APY ranging from 5% to 12% depending on staking duration, with a minimum staking requirement of 100 BB tokens and flexible locking periods ranging from 30 days to 365 days. Longer lockup periods typically offer higher rewards. The network also features an ASIC-resistant design to promote decentralization and reduced energy consumption compared to traditional mining operations.
BounceBit implements comprehensive security measures including KYC, KYT, and AML protocols to ensure regulatory compliance and secure onboarding. The platform uses a multi-layer custody architecture with secure segregation, strict access controls, and real-time risk monitoring to protect user assets. BounceBit operates under a regulated framework and has acquired a BVI investment business license, enabling compliant fund management services across jurisdictions. Enterprise-grade cloud security, encryption, and disaster recovery protocols ensure platform stability and scalability. For personal security, users should store BB tokens in reputable wallets, enable two-factor authentication, verify contract addresses before transactions, and remain cautious of phishing attempts. Following the August 2026 exploit, users should monitor official announcements regarding the migration to BNB Chain and token reissuance.
BB is listed on select exchanges. For a secure and liquid trading experience, using a major regulated platform like BTCC is recommended.
Register a BTCC Account: Sign up using your email or mobile number and complete the KYC verification to unlock more features and benefits of the platform.
Deposit Funds: Deposit fiat currency via bank transfer, card, or third-party payment, or transfer USDT from an external wallet into your BTCC account.
Start Trading: Go to the trading page and search for the spot trading pair BB/USDT or the perpetual contract BBUSDT.
Place an Order: Enter the amount of BB you wish to purchase and submit the order. For contract trading, you can also choose to go short and adjust the leverage multiplier according to your strategy and risk tolerance.
Confirm Your Purchase: For spot purchases, check your personal account to see if the coins have arrived. For contract trades, check the trading page to see if your order was filled successfully.
Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
Choose BounceBit products that suit your trading style
Zero slippage, ultra-fast matching, supports large spot transactions seamlessly, ideal for long-term asset allocation and spot accumulation.
TradeIndustry-low fees, supports up to 50x leverage. Go long or short flexibly to capture intraday market movements.
TradeAs of right now, the live price of BounceBit (BB) is ₹0.80865. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated BB to USD rate at the top of BTCC’s price page. In terms of market scope, BounceBit records a 24h trading volume of ₹101.113386Cr (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹100.775606Cr. Its current circulating supply stands at 124.65Cr out of a maximum supply cap of 210Cr.
The price volatility of BounceBit (BB) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as RBI or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (124.65Cr) to max supply (210Cr), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, BounceBit (BB) hit an all-time high (ATH) of ₹82.988268 on 2024-06-06 00:10, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹0.717063 on 2026-09-10 23:15. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading BB futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (₹101.113386Cr), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s BBUSDT perpetual contracts support two-way trading. If you anticipate a price decline for BounceBit, simply log into your BTCC account with USDT margin available, navigate to the BBUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for BBUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: ₹0.80865), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for BBUSDT with zero financial risk.
Trading BounceBit (BB) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for BBUSDT, and review its live price (₹0.80865) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.