Bounce Finance
AUCTION
A decentralized multi-mechanism auction protocol based on smart contracts
Performances
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.56% | 3.03% | 1.42% | 13.82% | 5.69% | 59.16% |
Comparison
Fundraising not disclosed
Token not listed
Token not listed
Details
This content is generated by RD AI and is for reference only
Bounce Finance is a decentralized auction protocol built on blockchain and smart contracts. It offers various auction mechanisms, such as fixed-price, English, Dutch, sealed-bid, and random selection auctions, for trading digital assets and physical goods.
Investment
Top Holders
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|
Follow Updates
Follow Lists
People
About Bounce Finance
Bounce Finance is a decentralized auction platform that allows users to create and participate in various types of auctions, including English, Dutch, sealed-bid, and fixed-price sales. Its core value lies in programmable auction modules and on-chain settlement, which address the pain points of traditional auctions such as lack of transparency, high participation barriers, and inefficient settlement. By leveraging smart contracts, Bounce ensures that auction rules are executed fairly and that funds are handled securely, reducing the risk of fraud and disputes.
In the past six months (March to September 2026), Bounce launched V3, introducing an 'Auction-as-a-Service' plugin that enables projects to integrate auction functionality directly into their own websites. The platform also expanded to support multiple chains, including Ethereum and BNB Chain, and added account abstraction for easier onboarding, along with a 'regret function' that allows bidders to withdraw bids under certain conditions. Additionally, BounceBit, a related project focused on Bitcoin yield and restaking, gained traction, though it operates separately from the core auction protocol.
One notable negative event within the last two years involved a DNS hijacking attack on Bounce's website, where users were redirected to a malicious site that drained their funds. This incident highlighted the risks of centralized infrastructure even within decentralized platforms. Overall, Bounce continues to focus on making auctions more accessible, transparent, and efficient for both crypto-native users and traditional enterprises.
Bounce Finance, launched in July 2020 by Ankr founder Chandler Song, is a decentralized auction protocol. Its V1 introduced on-chain bidding; V2 in 2021 added IDO functionality, enabling fair token launches. The pivotal shift came in February 2023 with V3, which introduced Auction-as-a-Service (AaaS) and a regret function for fixed-swap auctions. In Q4 2023, Bounce pivoted to focus on the Bitcoin ecosystem, successfully hosting IDOs for MultiBit (MUBI) and BitStable (BSSB), with BSSB surging nearly 700% and MUBI over 1,140% post-launch. This established Bounce as a key IDO platform for BTC ecosystem projects. The team later locked 1.55 million AUCTION in Team Finance, demonstrating commitment, and denied any price manipulation amid whale activity. Bounce also expanded to TON network with its Launchpad and partnered with Zulu Network for token issuance, broadening its multi-chain footprint. These milestones highlight Bounce's evolution from a simple auction tool to a comprehensive, multi-chain launchpad infrastructure.
Positive: Bounce Brand published its 2026 roadmap in September 2026, focusing on RWA assets, auction mechanisms, and decentralized marketplace, bringing new narratives; Launchpad advances staking auction IDO, where users can participate with AUTION, enhancing token utility.
Negative: On-chain protocol TVL is only ~$6,067 over the past half year, with negligible revenue, no sustained buyback/burn mechanism, weak value capture, and token relies on narratives.
Chandler Song: Co-founder, currently Co-founder and CEO of Ankr, previously a software engineer at AWS, graduated from UC Berkeley.
Jack Lu: Co-founder and CEO, currently a partner at NGC Ventures, with over 8 years of experience in blockchain investment, graduated from Reed College, majoring in economics and game theory.
Ryan Fang: Co-founder, specific background not publicly disclosed, but as a core team member participated in the founding of Bounce Finance.