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Market cap: $2.62T ↓0.9% 24h volume: $76.8B BTC dominance: 60.0% BTC: $78,388 ↑1.9% ETH: $2,321 ↑2.6% Fear & Greed: 34 Fear Updated

Coins

Bancor Network BNT

#678

$0.287+1.8% 24hMarket cap $27.8M24h volume $936,780

Overview

  • Best flexible rates

    • Binance 4.2%

    All rates (1) →

  • Active launchpools

    No active launchpools with BNT right now

  • Next unlock

    No scheduled unlocks

  • Exchanges with this coin

About Bancor Network

Market cap
$27.8M
#678 on the market
Volume 24h
$936,780
3.4% of market cap
Circulating
98.8M BNT
89.4% of max
Launched
12 Jun 2017
9 years
All-time high
$10.72
8 Jan 2018 · −97.3% from ATH
All-time low
$0.121
12 Mar 2020
Type
Exchange token
DEX
  • Decentralized Exchange (DEX)
  • Exchange-based Tokens
  • Decentralized Finance (DeFi)
  • Automated Market Maker (AMM)
  • +3

On Polarly: flexible rates up to 4.2% on 1 exchange

Project description

About Bancor? Bancor is an ecosystem of decentralized, open-source protocols that promote on-chain trading and liquidity.

Read more

Its main protocol, Carbon, is a decentralized trading protocol allowing users to perform automated trading strategies using custom on-chain limit orders and range orders, with the option of combining orders together to create automated buy low, sell high strategies.

Fast Lane, a separate open-source arbitrage protocol, allows any user to perform arbitrage between Bancor ecosystem protocols and external on-chain exchanges and redirect arbitrage profits back to the Bancor ecosystem.

All Bancor ecosystem protocols are governed by the BancorDAO via staked BNT.

What makes Bancor Unique? Bancor’s flagship protocol, Carbon, allows users to perform automated trading strategies on-chain with far greater control and efficiency compared to existing decentralized exchanges (DEXs).

Existing on-chain liquidity solutions suffer from key drawbacks, namely that: 1) executed orders can be reversed when prices move, and 2) a single liquidity position must execute both buys and sells using the same pricing curve. As a result, on-chain liquidity is costly and complex to automate and update, while exposing traders to MEV sandwich attacks.

Carbon introduces a new form of on-chain liquidity called Asymmetric Liquidity, which allows users to create individual liquidity positions with two distinct pricing curves: one for buying and one for selling. This gives users the ability to set buy and sell orders that execute in specific price ranges, with the option of combining orders together to create automated buy low, sell high strategies. By design, Carbon orders are irreversible on execution, easily adjustable directly on-chain, and completely resistant to MEV sandwich attacks. These capabilities give users an unprecedented level of control and automation to perform novel trading strategies on-chain.

For example, a user who believes ETH will trade in the near future between…

Source: CoinGecko

Earn on BNT (1)

Flexible rates · 1

Exchange APY Link to the exchange
Binance 4.2%

The effective rate for your amount is in the Polarly app's calculator. Partner link.

Open in the app

Questions and answers

What is the best Earn rate for BNT?
The best flexible rate is 4.2% on Binance: you can withdraw at any time.
What is the fixed-term Earn rate for BNT?
There are no fixed-term products for BNT available right now.
Which exchanges let you stake BNT?
1 product on 1 exchange: Binance.
What is Bancor Network (BNT)?
About Bancor? Bancor is an ecosystem of decentralized, open-source protocols that promote on-chain trading and liquidity. Categories: Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi), Automated Market Maker (AMM), Ethereum Ecosystem, DeFiance Capital Portfolio, Energi Ecosystem, Governance.
How many BNT are there and what is the maximum supply?
98.8M BNT are in circulation out of a maximum of 111M (89.4%).
What is the all-time high price of BNT?
$10.72 (8 Jan 2018). This is a historical value, not the current price. The price is now $0.287, 97.3% below the high.

Launchpools with BNT

There have been no launchpools with BNT