# BounceBit > CeDeFi Reimagined BounceBit creates yield products for Bitcoin holders and institutional allocators by combining centralized finance security with decentralized finance innovation. BounceBit is a CeDeFi platform that builds yield products for Bitcoin holders and institutional allocators by combining centralized finance security with decentralized finance innovation. It runs its own proof-of-stake network and issues position tokens that represent holdings in its yield vaults. Assets stay in regulated custody while the positions backed by them remain usable on chain. Deposits are safeguarded by institutional custodians, while the matching positions are represented on chain so they stay usable in decentralized markets. Yield is embedded in those position tokens and accrues by increasing holder balances rather than by changing price. Separating custody from execution lets capital earn yield from real-world assets and trading strategies without leaving regulated safekeeping. Its offering spans BounceBit Chain, an EVM-compatible network secured by a dual-token staking model, alongside a yield portal and an institutional platform for tokenized cash equivalents. Cross-chain liquidity lets deposits arrive from multiple blockchains and settle into a single position on its own network. It is used by retail depositors, Bitcoin holders, and institutional allocators across its network, its yield products, and its ecosystem applications. - Type: Company - Sector: Finance - Status: Active - Founded: 2024-01-01 - Profile: https://thegrid.id/profiles/bouncebit ## Products - [BounceBit Chain](https://thegrid.id/profiles/bouncebit): BounceBit Chain provides dual-token PoS consensus using Bitcoin and BB tokens for network security, enabling EVM-compatible smart contracts while leveraging Bitcoin's security model for institutional-grade infrastructure. (L1, Live, Main Product) - [BounceClub](https://thegrid.id/profiles/bouncebit): BounceClub is an ecosystem platform providing DeFi infrastructure, derivatives trading, meme token launchpad, and AI agent integration for the BounceBit network. (Decentralised Exchange, Live) - [BounceBit Portal](https://thegrid.id/profiles/bouncebit): BounceBit Portal aggregates CeDeFi yield products including RWA investments, staking mechanisms, and structured products for institutional and retail users. (Yield Aggregator, Live) - [BounceBit Prime](https://thegrid.id/profiles/bouncebit): BounceBit Prime is an institutional yield platform that turns tokenized cash equivalents into productive collateral. It places client assets with regulated custodians and mirrors the matching collateral to trading venues, so execution happens without moving assets out of safekeeping. Subscribers allocate through strategy and primary vaults, and separating custody from execution keeps legal ownership and reporting intact throughout. (Savings & Yield, Live) ## Assets - [BounceBit (BB)](https://thegrid.id/profiles/bouncebit): BB is the native token of BounceBit Chain. It is used to pay transaction fees, participate in governance, and secure the network through a dual-token Proof-of-Stake consensus mechanism. Validators stake both BB and BBTC (wrapped Bitcoin) to validate transactions, creating a two-token security system that strengthens the network while giving Bitcoin an active role in network validation. (Native) - [BounceBit BTC (BBTC)](https://thegrid.id/profiles/bouncebit): BBTC is a Bitcoin-pegged wrapped token on BounceBit Chain. It is minted when BTC held in regulated CeFi custody is locked, and can be created by bridging native Bitcoin, BTCB from Binance Smart Chain, or WBTC from Ethereum into BounceBit. It is backed 1:1 by assets in centralized custody, allowing Bitcoin holders to access staking and restaking opportunities while maintaining exposure to Bitcoin's price. (Wrapped Tokens) - [Staked BounceBit (stBB)](https://thegrid.id/profiles/bouncebit): stBB is a liquid staking token representing staked BB on BounceBit Chain. It is used to maintain liquidity while delegating BB to validators, and can be transferred or used in supported applications. The token can later be restaked to Shared Security Clients to aggregate security and unlock liquidity of staked assets, enabling holders to participate in additional yield opportunities beyond standard staking rewards. (Liquid Staking Tokens (LSTs)) - [Staked BounceBit BTC (stBBTC)](https://thegrid.id/profiles/bouncebit): stBBTC is a liquid staking token representing staked BBTC on BounceBit Chain that has been deprecated in V3. It was issued when users staked BBTC with validators, allowing holders to earn staking rewards while maintaining liquidity. The token could be restaked to Shared Security Clients to aggregate security and provide liquidity to infrastructure like BTC Bridge, oracles, and data availability layers. (Liquid Staking Tokens (LSTs)) - [BounceBit USD (BBUSD)](https://thegrid.id/profiles/bouncebit): BBUSD is a USD-pegged stablecoin and Liquid Custody Token on the BounceBit platform. It is issued when users deposit FDUSD or USDT from multiple blockchains, representing their assets in regulated custody on a 1:1 basis. Similar to liquid staking, it offsets the illiquidity of assets committed to centralized custody by generating a voucher-like token that allows users to withdraw their deposited assets while still utilizing them in DeFi activities. (Stablecoin) - [BounceBit ETH (BBETH)](https://thegrid.id/profiles/bouncebit): BBETH is a vault token representing deposits in BounceBit's ETH vault. It is used to hold a yield-bearing position on BounceBit Chain and can be transferred or supplied to decentralized markets. Yield is embedded in the token and paid by increasing holder balances rather than by changing price. (Vault Tokens) - [BounceBit SOL (BBSOL)](https://thegrid.id/profiles/bouncebit): BBSOL is a vault token representing deposits in BounceBit's SOL vault. It is used to hold a yield-bearing position on BounceBit Chain and can be transferred or supplied to decentralized markets. Yield is embedded in the token and paid by increasing holder balances rather than by changing price. (Vault Tokens) ## Links - [Main](https://www.bouncebit.io) - [Documentation](https://docs.bouncebit.io) - [Privacy policy](https://docs.bouncebit.io/other/privacy-policy) - [Terms of Service](https://docs.bouncebit.io/other/terms-of-use) - [Blog](https://www.bouncebit.io/blog) - [Media Kit/branding](https://docs.bouncebit.io/assets/brand-guidelines) - [Twitter / X](https://x.com/bouncebit) - [Telegram](https://t.me/bouncebit_io) - [Discord](https://discord.gg/bouncebit) - [GitHub](https://github.com/BounceBit-Labs) - [Medium](https://medium.com/@bouncebit) - [Paragraph](https://paragraph.com/@bouncebit) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. 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