Bitcoin, as the cornerstone of value in the world of crypto assets, has long played the role of "digital gold"—scarce, secure, but also plagued by capital efficiency issues due to its static nature. It is estimated that of the approximately $1.3 trillion market capitalization of Bitcoin, a large amount of assets are in a "sleeping state," unable to participate in a broader value creation process. The emergence of BounceBit is fundamentally changing this situation.

From an architectural design perspective, BounceBit has built the world's first CeDeFi chain focused on Bitcoin re-staking. Through a dual mechanism of compliant custody and on-chain protocols, Bitcoin can participate in liquidity mining, lending, and other DeFi scenarios while maintaining secure custody. Specifically, users deposit BTC into regulated custody institutions to obtain BBTC as a liquidity certificate, which allows them to participate in on-chain staking. This not only releases the on-chain value of Bitcoin but also opens up multiple revenue channels for holders.
Data at the level shows that this model has been validated by the market. As of now, the total locked value (TVL) of BounceBit has exceeded $514 million, with the price of the token BB maintained at around $0.13, and the daily trading volume exceeding $15 million. More importantly, the protocol has cumulatively repurchased about 8.87 million BB, worth approximately $1.3 million, with an annual income exceeding $16 million, forming an economic closed loop of "income - repurchase - value support."
In terms of product mechanism, BounceBit Prime serves as its core component, further