BO
BounceBit is a CeDeFi yield platform that runs delta-neutral basis trades through CEX-side execution while keeping user collateral on-chain. Deposits earn yield primarily from funding-rate income on the basis position, similar to Ethena, but with more explicit reliance on centralized venues for the hedging leg.
The project also operates BounceBit Chain, a BTC-staked PoS network where the same yield products run natively. BB is the chain’s token and ties into BounceBit’s broader product surface.