Bancor Network

Price

(bnt)
$0.716083 +2.3%
  • 1 Hour
  • 24 Hours
  • 7 Days
  • 14 Days
  • 30 Days
  • 1 Yr
  • +0.0%
  • +2.3%
  • +15.8%
  • +26.0%
  • +18.8%
  • +13.2%

Overview

bnt Price Live Data

Today's price of Bancor Network (BNT) is US$0.716083 and the 24 hour trading volume is US$8302060. This shows the price for the last 24 hours is Increase to 2.36% and the price for the past 7 days is Increase to 15.80%. The circulation supply is 114.1573126071048 million BNT and the market cap of Bancor Network is US$81,675,137.

bnt Price Information

24h Low/High

24h Low $0.681927
24h High $0.716743

All Time High

US$10.72

All Time Low

US$0.120935

High Price 7D

US$0.714293

Low Price 7D

US$0.616583

bnt Market Information

Market Cap Ranking

567

Fully Diluted Valuation

US$81675137

Total Supply

114,157,312.6

Maximum Supply

114157312.6071047932

Market Cap Advantages

0.002%

Circulation Supply/Total Market Cap

0.101

About bnt

What Is Bancor (BNT)? Bancor is the only decentralized staking protocol that allows you to earn money with single-token exposure and full protection from impermanent loss. Launched in 2017, Bancor was the first DeFi protocol. Today, it generates millions in fees per month for depositors, offering up to 60% APR on tokens like ETH, WBTC, LINK, MATIC, AAVE & more. Bancor is owned by its community as a decentralized autonomous organization (Bancor DAO). The protocol token used on the network is the “Bancor Network Token,” BNT. The protocol’s token allows traders to provide liquidity for the pools available on the network. Anyone can contribute liquidity to the pools. When liquidity providers contribute liquidity to a pool, they are eligible to receive fees for trades that pass through the pool. Liquidity providers will receive pool tokens that represent their share of liquidity, fees, and Liquidity Mining rewards in the pool. How Many Bancor (BNT) Coins Are In Circulation? The Bancor Network Token (BNT) has an elastic supply, afforded by the protocol's minting and burning of tokens to maintain trading liquidity levels in Bancor pools. Protocol-owned trading liquidity earns swap fees from trading volume, such that the protocol comes to hold more BNT over time. The protocol's new balance of BNT is then burned in exchange for pool tokens when LPs stake the equivalent amount of their own BNT. Due to swap fees earned, more BNT is ultimately burned than was initially supplied by the protocol. This excess of BNT is then burned to offset the cost of impermanent loss, deflating the overall supply of BNT in the long term. How Is The Bancor Network Secured? Bancor is one of the longest-running and most heavily audited projects in crypto, receiving stellar ratings from leading auditors including Certik, PeckShield, and Halborn. In addition, Bancor received one of the highest safety scores to date by DeFiSafety (96%) in 2021. Our most recent articles about Bancor: Impermanent Loss: What Is It and How Can I Reduce Its Impact? Crypto Outperforms Traditional Markets With DEX Tokens Leading the Way: A Data Perspective by IntoTheBlock
bnt
usd$

1 bnt ≈ 1.00 usd

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