Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Messari: BounceBit TVL reaches up to $566 million, expected to lead the development of CeDeFi track

Messari: BounceBit TVL reaches up to $566 million, expected to lead the development of CeDeFi track

Bitget2025/02/21 07:03
BB-0.25%BTC+0.20%

Odaily Planet Daily reports that according to a post by Messari on platform X, a detailed report has been issued on BounceBit's CeDeFi model. It mentions that the project deeply integrates CeFi and DeFi, providing various solutions for institutional returns, Bitcoin re-pledging and integration of real-world assets (RWA). The project's TVL has currently reached $566 million USD and will strategically shift towards dollar-denominated yield products in 2025.

In addition, according to CCData, by the end of 2024, the spot and derivatives trading volume of centralized exchanges will reach a record high of $113 trillion USD per year.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Former SEC Chairman Gensler says he is "proud" of taking enforcement actions to regulate cryptocurrencies
2
Tether issued an additional 1 billion USDT 3 hours ago.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$116,017.41
-0.83%
Ethereum
Ethereum
ETH
$4,480.71
-1.37%
XRP
XRP
XRP
$3.01
-1.06%
Tether USDt
Tether USDt
USDT
$1
+0.00%
BNB
BNB
BNB
$999.29
+0.40%
Solana
Solana
SOL
$239.67
-1.90%
USDC
USDC
USDC
$0.9999
+0.01%
Dogecoin
Dogecoin
DOGE
$0.2664
-3.30%
TRON
TRON
TRX
$0.3476
+0.19%
Cardano
Cardano
ADA
$0.9058
-0.11%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter