#Singapore #DeFi #Bedrock #BR Token

Bedrock's BR/USDT Pool Trading Volume Surpasses $13.2 Billion

In an impressive display of market dynamics, Bedrock, a top multi-asset restaking protocol in decentralized finance (DeFi), has reported an astounding trading volume exceeding $13.2 billion within the first five days of its BR/USDT pool campaign. This campaign serves as a pivotal initiative to bolster liquidity and attract an ever-expanding base of traders. With over 341,000 traders involved, the enthusiasm and engagement in the market are palpable.

Extended Campaign Due to High Demand

Originally set to conclude on June 22, 2025, the promotion has been extended until June 27, 2025, to accommodate the overwhelming interest from participants. This decision reflects Bedrock's commitment to fostering a robust trading environment while ensuring continuous liquidity.

The BR/USDT pool has proven to be a significant part of the Binance Alpha ecosystem, with the BR token accounting for more than 90% of the total Alpha token trading volume, signifying its dominance and established reputation in the DeFi space. This dominance, backed by on-chain data, shows that the top 50 traders averaged $4.45 million in transaction volumes, demonstrating sustained engagement from the community.

Proactive Measures for Stability

In light of the increasing trading activity, Bedrock took proactive measures on June 19, injecting additional liquidity into the BR/USDT pool. This was sourced from its strategic reserves and locked with a transparent mechanism aimed at ensuring stability and reinforcing user trust amidst fluctuating market conditions. Amidst broader market volatility impacting major cryptocurrencies like Bitcoin and Ethereum, the BR token has shown remarkable resilience.

Zhuling Chen, a Core Contributor at Bedrock, stated, "Our goal has always been to make BR a reliable and efficient asset for active traders and restakers. The traction we've seen—both in volume and user participation—shows clear product-market fit. Extending the campaign is a natural next step to continue rewarding users and supporting healthy market activity."

Enhanced Incentives for Traders

The current trading environment on PancakeSwap reflects a mere 0.01% trading fee, but with Bedrock’s ongoing fee rebate initiative, users can reduce this to as low as 0.005% per trade. Additionally, the campaign offers traders the chance to earn double Binance Alpha Points, incentivizing engagement even further, with rebates available for daily claims on Bedrock’s Airdrop page.

About Bedrock

Bedrock is pioneering the landscape of multi-asset liquid restaking protocols, with a significant focus on Bitcoin staking through its uniBTC token. As the trailblazer in BTC liquid staking, Bedrock allows maintaining liquidity while earning rewards, thereby unlocking new yield potentials in the expansive $1 trillion Bitcoin market. The protocol is moving towards innovating DeFi through its unique approach to integrate ETH and other DePIN assets under a unified PoSL framework.

In summary, the BR token is not just a governance and utility token within Bedrock but signifies a burgeoning path in DeFi that is rapidly gaining traction. Its listing as one of the Binance Alpha tokens further solidifies its growing influence. The future appears bright for Bedrock as it continually adapts to the market's needs and opportunities.