The BOB token, native to the Build on Bitcoin DeFi protocol, surged over 109% on December 3, 2025, peaking at $0.025 ahead of its Bithumb listing. This rally highlighted renewed investor interest in BTC-focused DeFi, with trading volumes exceeding $57 million in the past day, signaling strong market appetite despite recent sideways trends.
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BOB Token Price Surge: Over 109% gain to $0.025 peak.
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Trading volumes hit near three-month highs above $57M following Bithumb announcement.
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Build on Bitcoin secures $276M in value, focusing on BTC DeFi with multi-chain expansion to ICP.
Discover how the BOB token rallied 109% ahead of Bithumb listing in this Build on Bitcoin update. Explore BTC DeFi growth, volumes, and multi-chain plans for 2025. Stay informed on crypto trends—read now!
What Is Driving the BOB Token Rally on Build on Bitcoin?
The BOB token, the native asset of the Build on Bitcoin protocol, experienced a significant rally on December 3, 2025, more than doubling its price to a peak of $0.025 before settling around $0.021. This surge was primarily fueled by anticipation of its listing on the South Korean exchange Bithumb, which introduced a KRW trading pair and boosted overall liquidity. Despite months of trading in a narrow range near lows, the event demonstrated persistent demand for innovative BTC DeFi tokens, with volumes approaching a three-month high of over $57 million in the preceding day.
Build on Bitcoin, a Layer 2 solution initially built on the Ethereum ecosystem, aims to unlock the potential of idle Bitcoin through DeFi applications. The protocol’s token, BOB, launched at the end of November 2025 and quickly gained traction among traders seeking exposure to Bitcoin’s vast liquidity without relying solely on spot markets. Data from on-chain analytics platforms like L2Beat indicate that the network has secured over $276 million in total value, predominantly from BTC derivatives and deposits totaling more than $183 million. This foundation of secured assets underscores the protocol’s credibility in the BTC DeFi space, attracting both retail and institutional interest.
The rally not only reflects short-term listing hype but also aligns with broader trends in decentralized finance, where protocols like Build on Bitcoin bridge traditional Bitcoin holdings to yield-generating opportunities. As of December 2025, BOB’s market activity has shifted focus from centralized exchanges to emerging perpetual futures markets, further amplifying price discovery.
How Did the Bithumb Listing Impact BOB Trading Volumes?
The Bithumb listing marked a pivotal moment for BOB token liquidity, immediately elevating its trading profile on the exchange. Prior to this, the majority of BOB volumes were concentrated on platforms like Coinbase, with U.S. dollar pairs leading direct liquidity followed by USDT pairings. Following the announcement, Bithumb captured over 23% of global BOB trading volumes in the initial hours, propelling the token to the 11th most active asset on the platform.
According to exchange data, BOB’s overall trading volume expanded dramatically to more than $357 million post-listing, driven largely by perpetual futures activity on Binance. This influx confirmed the enduring appeal of South Korean markets for new crypto listings, even as some retail investors pivoted toward traditional assets like Samsung shares. The KRW pair provided accessible entry points for local traders, contributing to a spot market expansion that had been nascent since the token’s launch.
While BOB maintains activity on platforms like Aster, it lacks presence on others such as Hyperliquid, highlighting room for further exchange integrations. Experts in the crypto trading space, including analysts from on-chain data providers like Kaiko, note that such listings often serve as catalysts for sustained volume growth, with Bithumb’s role in Asian liquidity being particularly influential. Bithumb’s official announcement emphasized the addition of the BOB/KRW market, stating it would enhance trading options for users interested in BTC DeFi innovations.
📢 New Listing
🚀 비오비( #BOB ) 원화 마켓 추가 안내
🚀 $BOB/KRW will be listed on #Bithumb!🔸 Details : #Bithumb #BOB @build_on_bob pic.twitter.com/kEoOjQ47YN
— Bithumb (@BithumbOfficial) December 3, 2025
This development aligns with historical patterns where new listings on major Korean exchanges trigger immediate pumps, as seen with previous altcoin debuts. However, BOB’s reliance on centralized trading for price discovery persists, with long-term DeFi adoption expected to diversify its market dynamics.
Build on Bitcoin’s ecosystem extends beyond Ethereum, with recent expansions into multi-chain architectures. The protocol launched on the Internet Computer (ICP) blockchain, simulating a Bitcoin network through software and securing over 7,000 wallets. This move has positioned BOB as a versatile asset, capable of tapping into diverse liquidity pools. Reports from the Build on Bitcoin team highlight over 500,000 active users, alongside efforts to onboard institutions as hybrid node operators. The core objective remains establishing the network as a premier DeFi hub for Bitcoin’s underutilized value, incorporating bridged ETH, stablecoins, and natively minted assets to support a growing TVL.
BTC makes up the bulk of reserves on Build on Bitcoin (BOB). | Source: L2Beat.As detailed in L2Beat metrics, BTC derivatives and deposits form the backbone of the protocol’s $183 million in core assets, supplemented by other tokens for interoperability. While the Bithumb listing provided an immediate boost, the multi-chain strategy—spanning Ethereum L2 and ICP—positions Build on Bitcoin for broader adoption in the evolving BTC DeFi landscape. Analysts from firms like Messari emphasize that protocols unlocking Bitcoin’s liquidity could capture a significant share of the $1 trillion BTC market, provided they scale securely.
Frequently Asked Questions
What Caused the Recent 109% Surge in BOB Token Price?
The BOB token price jumped over 109% on December 3, 2025, primarily due to excitement surrounding its Bithumb listing, which introduced a KRW trading pair. This event drove trading volumes past $57 million, reflecting strong demand from South Korean investors. Combined with the protocol’s BTC DeFi focus and multi-chain expansions, it reignited interest after a period of consolidation.
Is Build on Bitcoin Expanding Beyond Ethereum in 2025?
Yes, Build on Bitcoin has extended to the Internet Computer protocol, simulating Bitcoin operations and attracting over 7,000 wallets. With more than $276 million in secured value mostly from BTC assets, this multi-chain approach enhances DeFi accessibility for Bitcoin holders, supporting growth in liquidity and user adoption through diverse ecosystems.
Key Takeaways
- Significant Price Rally: BOB token doubled to $0.025 on Bithumb listing hype, showcasing BTC DeFi’s appeal amid market recovery.
- Volume Explosion: Trading hit $357 million globally, with Bithumb contributing 23% and perpetuating futures on Binance leading discovery.
- Multi-Chain Growth: Expansion to ICP adds 7,000+ wallets; focus on BTC liquidity could drive institutional adoption in 2025.
Conclusion
The BOB token rally and Bithumb listing underscore Build on Bitcoin’s potential as a leading BTC DeFi protocol, securing over $276 million in value through innovative Layer 2 and multi-chain strategies. With trading volumes surging and a focus on unlocking idle Bitcoin assets, the platform demonstrates resilience in a dynamic crypto market. As DeFi evolves, investors should monitor BOB’s progress toward institutional integration and broader liquidity, positioning it for sustained growth in 2025 and beyond.
