{"data":{"id":38970,"name":"BOB (Build on Bitcoin)","symbol":"BOB","slug":"bob-build-on-bitcoin","category":"coin","description":"## What Is BOB (Build On Bitcoin)?\n\nBOB is building the Bank of Bitcoin, reimagining banking for the Bitcoin age. One platform for everything - swapping, saving, earning & borrowing - all on Bitcoin rails.\n\nBy fusing Bitcoin’s unmatched security with Ethereum’s versatility, BOB’s hybrid chain unlocks real utility for the world's most important asset. Swap BTC into any asset or deposit directly into DeFi on any chain with a single click, powered by Bitcoin intents. Save, lend and earn securely with new native Bitcoin vaults.\n\nWith 560K users and tier-1 DeFi and institutional partners such as Uniswap, Anchorage, and Fireblocks, this is your money working harder on the world’s strongest financial network. This is the Bank of Bitcoin.\n\nBOB is the native token of the BOB hybrid chain, used for:\n\n* Security - Staking and delegating to Hybrid Nodes to secure Bitcoin finality, BitVM bridge operators, and Gateway solvers.\n\n* Governance - Voting on governance proposals or delegating votes to help direct the network's future\n\n* Protocol Utility - Priority access to new BOB features and discounts for token holders.\n\nBOB products include:\n\n* **Cross-chain Swaps to swap native BTC into any asset on any chain - and swap back to native BTC on Bitcoin.\n\n* **1-click Earn - the best BTC yield strategies in one place, accessible with just 1 click.\n\n* **Multichain BTC DeFi - 1-click BTC deposits and withdrawals for 11+ major chains including Ethereum, Base, and BNB. \n\n\nBOB's core technology includes:\n\n* **Unique Hybrid Chain Architecture** - BOB's Layer-2 merges Bitcoin's proven security with Ethereum's smart contract capabilities, enabling a rich DeFi environment anchored to Bitcoin.\n\n* **BOB Gateway** - A Bitcoin intents toolkit that provides frictionless cross-chain interoperability, allowing 1-click native BTC deposits and swaps through a simple API integration. The BOB Gateway SDK gives over 15,000 dapps across 11 chains access to native BTC.\n\n* **BitVM** - the foundation for an institutional-grade, trust-minimized Bitcoin bridge. BOB co-founder Alexei Zamyatin co-authored the BitVM2 design, the technical basis for trust-minimized Bitcoin bridges and rollups. \n\n\n## How Many BOB Tokens Are There in Circulation?\n\n\nBOB has a maximum fixed supply of 10,000,000,000 (10 billion) BOB tokens, minted on BOB's hybrid chain and represented as an ERC-20 token. At launch, the initial circulating supply of unlocked tokens was 22.20% of total supply. \n\n\nThe token distribution is structured as follows:\n\n\n* **Community & Ecosystem (50.91%):** The majority of the supply is allocated to community and ecosystem development, including Initial Claims (4.15%), Community Sale (2.00%), and ongoing Ecosystem & Community initiatives (44.76%).\n\n* **Early Contributors / Team (19%):** Team tokens vest over 3 years with an initial 12-month cliff.\n\n* **Investors & Partners:** Allocated to early backers and strategic partners with vesting schedules.\n\n* **BOB Foundation:** Reserved for long-term protocol development and operations.\n\n\n\n### Who Are the Founders of BOB?\n\n\nBOB was co-founded by Alexei Zamyatin and Dominik Harz, both of whom hold PhDs in computer science and have been active in the Bitcoin ecosystem for more than a decade.\n\n\nAlexei Zamyatin earned his PhD from Imperial College London and has been a Bitcoin and interoperability research contributor since 2015. He co-authored the BitVM2 design, a foundational piece of research for trust-minimized Bitcoin bridges and rollups.\n\n\nDominik Harz also holds a PhD from Imperial College London with deep expertise in smart contracts, stablecoins & DeFi R&D since 2016. Previously cybersecurity at PwC. BinanceX Fellow.\n\n\n### Where Can I Buy BOB (BOB)?\n\n\nBOB is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.\n\nCentralized exchanges listing BOB include [Kraken](https://coinmarketcap.com/exchanges/kraken/), [Bithumb](https://coinmarketcap.com/exchanges/bithumb/), [KuCoin](https://coinmarketcap.com/exchanges/kucoin/), [Bitget](https://coinmarketcap.com/exchanges/bitget/), [Gate.io](https://coinmarketcap.com/exchanges/gate-io/), and [MEXC](https://coinmarketcap.com/exchanges/mexc/), among others.\n\nFor decentralized trading, BOB is available on [Uniswap](https://coinmarketcap.com/exchanges/uniswap-v2/) and other DEXs, enabling direct wallet-to-wallet transactions.\n\nFor the most up-to-date list of supported exchanges and trading pairs, check the markets section on this 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