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Total Value Locked$196.07m

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Chain Breakdown
BounceBit$183.68m
BSC$12.34m
Ethereum$55.11k

Information

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.

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Methodology

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