BounceBit Prime surpasses $1.5B in cumulative volume with help from Franklin Templeton’s Benji
Key Takeaways
- BounceBit Prime exceeded $1.5B in cumulative volume, largely due to support from Franklin Templeton’s Benji token.
- Benji is a tokenized share of Franklin Templeton’s OnChain US Government Money Fund and acts as collateral in BounceBit Prime strategies on BNB Chain.
Share this article
BounceBit Prime, a structured yield product integrating tokenized real-world assets, has surpassed $1.5 billion in cumulative volume with significant contributions from Franklin Templeton’s Benji token.
Benji represents Franklin Templeton’s tokenized shares in its OnChain US Government Money Fund and serves as collateral within BounceBit Prime’s capital-efficient strategies on BNB Chain.
Franklin Templeton, which manages $1.6 trillion in assets, recently minted an additional $1 million in Benji tokens to support collateralized trading within the BounceBit ecosystem.
BounceBit Prime has reached over $10 million in total value locked, with its Benji Vault delivering a combined 13.31% APY from base yields and structured strategies.
Share this article
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.
You may also like
Bitcoin Updates: Kiyosaki Trades BTC for Steady Earnings During Crypto Slump, Promises Future Repurchase
- Robert Kiyosaki sold $2.25M in Bitcoin at ~$90,000/coin to fund surgery centers and billboards, aiming for $27,500/month tax-free income by 2026. - The sale occurred amid Bitcoin's 33% drop from $126K peak, with the Crypto Fear & Greed Index hitting a multi-year low of 11. - Kiyosaki insists this is tactical cash flow generation to reaccumulate BTC, maintaining $250K/2026 and $27K/ounce gold price targets. - Market analysts remain divided on Bitcoin's trajectory, with some citing ETF outflows as short-te
Ethereum Updates: Automated Bear Market: $2 Billion in Crypto Liquidations Reveal the Dangers of Leverage
- Cryptocurrency markets faced $2B in 24-hour liquidations, with Ethereum and Bitcoin suffering largest losses as leveraged longs dominated exits. - Macroeconomic pressures including surging Japanese yields and algorithmic trading triggered cascading sell-offs, pushing ETH below $2,900 for first time in months. - High-profile traders like "Anti-CZ Whale" and Machi lost millions as leveraged positions collapsed, exposing systemic risks in crypto's interconnected markets. - Market turmoil highlighted crypto-
Bitcoin Updates: Major Institutions Increase Bitcoin Holdings While Retail Investors Withdraw $3 Billion
- Bitcoin faces divergent flows: $2B institutional inflows vs. $3B ETF outflows in November, highlighting market fragmentation. - Mubadala, El Salvador, and Czech Republic boost Bitcoin holdings, signaling institutional confidence despite 21% price drop. - Leverage Shares launches 3x crypto ETFs in Europe while BlackRock's IBIT records $2.1B redemptions, reflecting risk appetite shifts. - BTC.ℏ expands cross-chain capabilities as ETF outflows and weak derivatives markets underscore waning retail demand for
Hyperliquid (HYPE) Price Rally: DeFi Liquidity Breakthroughs and Investor Outlook in Late 2025
- Hyperliquid (HYPE) introduces HIP-3 Growth Mode and BLP to attract institutional liquidity via fee cuts and shared pools. - Despite 30% usage growth and $2.15B TVL, HYPE's $37.54 price lags key resistance amid volatile sentiment and a $4.9M bid manipulation loss. - Breaking $42.75 resistance could trigger self-reinforcing liquidity growth, but failure risks $35 support breaches and eroded trust in DeFi's institutional readiness.
Trending news
MoreCrypto prices
More
