<ul><li>BounceBit has introduced a new bitcoin derivatives trading strategy using BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL).</li><li>The strategy achieved an annualized yield exceeding 24% by combining BUIDL collateral with bitcoin basis trades and BTC put options.</li><li>BUIDL tokens provided extra yield compared to stablecoins and allowed traders to earn U.S. dollar yield along with bitcoin derivatives returns.</li><li>BounceBit plans to extend the BUIDL-collateralized strategy to institutional and retail users, aiming to pioneer new CeDeFi applications in the crypto space.</li></ul>

BounceBit Taps BlackRock’s BUIDL for New Bitcoin Trading Strategy for All Users

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