CandleFocus BounceBit launches new protocol upgrade CeDeFi V2
2024-11-12
Author: Content Editor
BounceBit has launched an upgrade called CeDeFi V2, which combines centralized and decentralized finance to enhance operational efficiency and security measures. The upgrade saw a 2X increase in inflow, with $20 million in Bitcoin, Tether, Ethereum, Binance Coin, and Solana trades on the multi-chain platform. The upgrade introduces multi-chain support for ETH, BNB, SOL, and BTC without the need to bridge funds through BounceBit's chain. It also offers features such as asset and liquidity management and addresses security concerns by streamlining the on-chain process of bridging cryptocurrencies. BounceBit aims to bridge the gap between CeFi and DeFi and meet the demand for secure platforms.
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