BounceBit CeDeFi V2 protocol revenue exceeded US$1 million in the first week, and users’ annualized returns exceeded 35%

Odaily News The CeDeFi project BounceBit V2 performed strongly in the first week after its launch on November 12, attracting more than $40 million in new funds and exceeding $1 million in weekly protocol revenue, surpassing GMX and dYdX. Users can earn up to 27% annualized arbitrage returns by staking assets such as BTC, USDT, SOL, ETH and BNB, and receive an additional 10% BB reward. As the first Binance Megadrop project, BounceBit provides institutional-level quantitative returns to on-chain users through innovative liquidity custody tokens (LCT) and cross-chain asset management models. It is reported that BB tokens will also further empower CeDeFi ecosystem interactions and feedback mechanisms, including potential airdrops to BounceBit chain ecosystem projects.