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BOB

BOB

A hybrid Layer 2 merging Bitcoin security with Ethereum DeFi

Performances

Comparison:
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0.01%1.14%4.71%13.16%16.95%28.18%

Comparison

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Fundraising not disclosed

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Details

This content is generated by RD AI and is for reference only

BOB is a hybrid Layer 2 network that combines Bitcoin's security with Ethereum's DeFi ecosystem. Built on the OP Stack, it will soon use a BitVM bridge for trustless Bitcoin cross-chain transfers and aims to become a Bitcoin-secured network. Its goal is to let Bitcoin holders enjoy Ethereum's rich financial tools without trusting third parties.

Ecosystem(2):
Founded:
2020

Event Calendar

Mar 27, 2024
BOB raised $ 10 M in funding round
May 1, 2024
BOB is live on mainnet
Jul 9, 2024
BOB raised $ 1.6 M in funding round
Aug 7, 2025
BOB raised $ 9.5 M in funding round
Nov 20, 2025
BOB is live for trading

Open Markets

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About BOB

Key milestones with long-term significance:

  • Released Hybrid L2 whitepaper, defining the hybrid architecture combining Bitcoin security with Ethereum composability.
  • Completed $1.6M financing led by Ledger Ventures, securing early backing for development.
  • Joined Optimism's Superchain ecosystem, receiving $870K funding, aligning with the broader rollup infrastructure.
  • Announced token economic model and set TGE date, establishing the incentive framework for community and ecosystem growth.
  • Binance listed BOBUSDT perpetual contracts, providing institutional-grade trading access and liquidity.
  • Launched BOB Fusion Season 3, a multi-phase incentive program driving user adoption and network effects.
Updated: Aug 31, 2026

Alexei Zamyatin (Co-founder) and Dominik Harz (Co-founder & CTO) lead BOB. Alexei is a PhD from Imperial College London, known for blockchain research and cross-chain protocols. Dominik holds a PhD in computer science from Imperial College London, with expertise in DeFi security, stablecoins, and smart contracts. He is CTO of Distributed Crafts, the organization behind BOB.

Updated: Aug 31, 2026