About BounceBit Token
BounceBit is the first-ever native BTC Restaking chain. The BounceBit network is secured by staking both Bitcoin and BounceBit tokens. BounceBit's PoS mechanism introduces a unique dual-token staking system by leveraging native BTC security with full EVM compatibility. In a groundbreaking move, BounceBit introduces the mixed DeFi and CeFi yield mechanism, allowing BTC holders to earn yields through native validator staking, DeFi ecosystem, and a CeFi mirroring mechanism powered by Ceffu and Mainnet Digital. The $BB token has several uses on the BounceBit platform: Staking: Stake $BB to actively participate in the PoS dual-token staking mechanism. Protocol Incentive: The token is paid out as staking reward to validators who secure the network. Gas: $BB is the denomination of the gas fees that are required to conduct transactions and execute smart contracts. Governance: Use $BB to participate in on-chain governance, e.g. voting on protocol upgrades. Currency: $BB can be used as currency on the BounceBit platform. It can be used in various applications and infrastructure, as medium of exchange or store of value. BounceBit’s Layer 1 consists of the following components: Dual-token PoS: A hybrid consensus mechanism where each validator can accept both $BBTC and $BB tokens; Native LSD module: A module allowing the delegation of staking to validators and receiving a LST voucher in return. BounceBit has a foundational CeFi layer which consists of below components: Regulated Custody: All user funds are stored in secure custody solutions utilizing MPC wallets. Off-Exchange Settlement (OES): OES enables safe access to CEX liquidity, while transactions are settled off-exchange.
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Searched
22
Market Stats
Market Cap
$61.39M
0.1%
FDV
$245.75M
Circ. Supply
525M BB
Max Supply
2.1B BB
Total Supply
2.1B BB
Diluted Valuation
$247.01M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$6.89M
-47.18%
Volume (7D)
$49.17M
Volume (30D)
$503.11M
All time high
$0.86
Price Change (1Y)
-82.29%
Additional info about BounceBit Token
Recent trends
The latest BB price is $0.12. Compared to BounceBit Token's value of $0.12 from 24 hours ago, there's been a 0% increase, while the current price is -23% down from $0.15 which was recorded one week ago. BounceBit Token's all time high is $0.86, which was reached on June 6, 2024. This is a -86% change from its price today.
The current circulating supply of BounceBit Token is 524,568,493. This is 25% of its max supply of 2,100,000,000 BB and 25% of its total supply of 2,100,000,000. The market cap is currently $61.39M, which is a result of multiplying the current price of BounceBit Token($0.12) by the total supply(2,100,000,000 BB). The fully diluted valuation of BounceBit Token is $245.75M. The diluted valuation of BounceBit Token is $245.75M.
Market details
BB vs markets