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The amount of Bitcoin re-pledged on the BounceBit public chain has exceeded 1 billion US dollars

The amount of Bitcoin re-pledged on the BounceBit public chain has exceeded 1 billion US dollars

Bitget2024/04/22 00:34

As of April 21, the total value locked (TVL) in Bitcoin on the BounceBit public chain has reached $1.014 billion, including Bitcoins worth $796 million and other assets such as 87.63 million USDT. The value of Bitcoin and other digital assets pledged on the BounceBit public chain has significantly increased, indicating that digital asset holders' trust in the platform's security and efficiency is continuously improving. Pledging Bitcoin and other digital assets on public chains like BounceBit is a common practice in the digital asset market; it allows asset holders to engage in various financial activities while retaining ownership of their assets.

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