BounceBit (BB) is emerging as the first dedicated Bitcoin Resting Layer-1 chain, uniquely combining institutional trust with DeFi innovation. As of September 2025, this platform has attracted over 516 million dollars in TVL (total value locked) with an expanding suite of CeDeFi products, including BounceBit Prime, a high-yield strategy that combines real-world assets encrypted (RWA) with cryptocurrency yield instruments.
In this guide, we will analyze how BounceBit works, from the basics of “Bitcoin resting” to the main features, how to participate, and how you can trade the BB token on BingX. What is BounceBit (BB) and how does it work? BounceBit is a Layer-1 platform focused on Bitcoin, compatible with EVM, using a CeDeFi design: your BTC is held by externally managed custodial units to ensure safety, while a “mirror” on-chain or Liquidity Custody Token, for example: BBTC/BBUSD, allows you to stake, retake and use DeFi without needing to deposit funds on the exchange. Operationally, this is supported by integrations like Ceffu's MirrorX for off-exchange payments, combining custodial protection measures with on-chain utility. In August 2025, BounceBit integrated Franklin Templeton's cryptocurrency money market fund into BB Prime, allowing collateralized assets to earn Treasury bond yields while supporting cryptocurrency arbitrage activities, to gain layer profits from a capital pool.
According to Messari, BounceBit reported a total transaction value of (TVL) reaching approximately $514.2 million by the end of May 2025, and transaction fees of (YTD) reaching approximately $6.78 million as of the end of May, mainly organic fees rather than emission fees. An upcoming BB token event is scheduled to take place at 00:00 UTC on September 10, 2025, with approximately 42.89 million BB, accounting for about 6.31% of the total circulating/released supply, worth approximately $6.4 million at the time of writing.
BounceBit Prime provides yield for organizations on-chain BounceBit Prime ( was launched in June 2025. ) is the “professional” repository of this platform, where encrypted treasury bonds are stored, such as BlackRock's BUIDL and Franklin Templeton's money market funds, on-chain and combines them with market-neutral strategies based on cryptocurrency, such as basis spread/funding rate and options. In practice, you only need to send it once, and Prime will handle the rest: your collateral will earn from the yield of the underlying Treasury bonds, while the strategic layer seeks additional profit from delta-neutral trades; in a published experiment using BUIDL as collateral, this combined approach achieved about 24% annual profit. This method is designed to hide the complexity, eliminating the need for rotation, risk hedging, or manual rebalancing. Why is BounceBit outstanding? The focus of BounceBit has garnered significant attention as it combines organizational protections with on-chain utility that everyday users can truly leverage.
• Bitcoin-centric design: BounceBit is built with a purpose around BTC; validators stake BB + BBTC to secure the network, making Bitcoin the primary economic anchor instead of a secondary altcoin.
• CeDeFi hybrid model: Users' assets are held in a managed system, for example: Ceffu, Mainnet Digital, and are represented on-chain as LCT such as BBTC/BBUSD, allowing you to earn profits and utilize DeFi while keeping funds off the exchange.
• High-value RWA integration: BB Prime added Franklin Templeton's cryptocurrency money market fund in August 2025, allowing the same collateral to earn Treasury bond yields while supporting cryptocurrency arbitrage activities, providing layer returns from a capital pool.
• EVM Compatibility: Developers can deploy Solidity applications and reuse Ethereum tools with full EVM support, accelerating the launch process and integration of dApps on BounceBit.
• Reliable and compliant: Prime operates under the investment management framework approved by the BVI and utilizes a KYC/KYT/AML ecosystem with partners such as Elliptic, along with multi-layer custody services to control risk at the organizational level.
Read more: What is Crypto Resting and how does it unlock capital efficiency beyond Staking? What is BB Token: Utilities and Tokenomics you need to know? BB is the native asset of BounceBit used for:
BB has a fixed maximum supply of 2,100,000,000, set as “21x” based on Bitcoin's 21M figure. Future coin burning mechanisms are not excluded and will be decided by the governance board. • Equity reward and delegation program – 35%: distributed over 10 years for participants securing the network. • Investors – 21%: Locked for 12 months, then unlock 5% monthly. • Team – 10%: Locked for 12 months, then unlock 2.5% monthly. • Advisor – 5%: Locked for 12 months, then 2.5% unlocked monthly. • BounceClub & Ecosystem Reserve – 14%: 4.5% at TGE, followed by a 12-month lock, then a monthly unlock of 6.5% over 6 months, followed by 2.5% monthly. • Binance Megadrop – 8%: unlocked at TGE. • Testnet & TVL Offer – 4%: unlocked at TGE. • Market creation – 3%: unlocked at TGE. What is Bitcoin Resting on BounceBit? Restaking allows your BTC to work twice. You deposit BTC with a managed custody unit, which has a copy on-chain as BBTC, then stake + restake that BBTC to secure the BounceBit chain and connect with profit strategies, without having to keep assets on the exchange. Here’s how restaking BTC works on BounceBit: