Bancor Network
BNT Price
How is the price of Bancor Network (BNT) calculated?
The price of Bancor Network (BNT) is calculated in real-time by aggregating the latest data across 58 exchanges and 159 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
Bancor Network Price Chart (BNT)
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 0.1% | 0.0% | 7.2% | 2.2% | 12.3% | 48.3% |
BNT Converter
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Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$47,960,455 |
|---|---|
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
1.0 |
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Market Cap / TVL Ratio
Ratio of market capitalization over total value locked of this asset. A ratio of more than 1.0 refers to its market cap being greater than its total value locked.
MC/TVL is used to approximate a protocol’s market value vs. the amount in assets it has staked/locked. |
1.17 |
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Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$47,960,455 |
|
Fully Diluted Valuation / TVL Ratio
Ratio of fully diluted valuation (FDV) over total value locked (TVL) of this asset. A ratio of more than 1.0 means that the FDV is greater than its TVL.
FDV/TVL is used to approximate a protocol’s fully diluted market value vs. the amount in assets it has staked/locked. |
1.17 |
|
24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$2,640,180 |
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Total Value Locked (TVL)
Capital deposited into the platform in the form of loan collateral or liquidity trading pool.
Data provided by Defi Llama |
$40,852,739 |
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Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
115,422,143 |
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Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
115,422,143 |
|
Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
115,422,143 |
Snapshot
BNT Historical Price
| 24h Range | $0.4059 – $0.4240 |
|---|---|
| 7d Range | $0.3973 – $0.4665 |
| All-Time High |
$10.72
96.1%
Jan 09, 2018 (about 7 years)
|
| All-Time Low |
$0.1209
243.6%
Mar 13, 2020 (about 5 years)
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How do you feel about BNT today?
About Bancor?
Bancor is an ecosystem of decentralized, open-source protocols that promote on-chain trading and liquidity.
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 $1500-2000 could set a Carbon strategy that automatically buys ETH between $1500-1600 and sells the ETH from $1900-2000. As market prices move into selected ranges, orders are automatically executed by traders who interact with Carbon directly, or via popular DEX aggregators. All with no reliance on external oracles or keepers. Strategy updates can be made in a highly gas efficient manner, without needing to withdraw and re-add liquidity, via parameters in a strategy’s smart contract.
Carbon also improves on the trading model in centralized exchanges by allowing users to create multi-order strategies that utilize a single source of rotating liquidity to fill trades, eliminating the need to create multiple limit orders and pre-fund each order as it is created.
By fusing the feature-rich trading functionality of centralized exchanges with the access and transparency of automated market-makers, Carbon unlocks the future of decentralized on-chain trading.
History of Bancor
Bancor invented the first blockchain-based automated market maker (AMM) in 2017. The protocol’s first version was launched in June 2017, with subsequent protocol versions iterating on the original AMM model.
In 2020, the BancorDAO was launched to oversee and govern development of Bancor ecosystem protocols. The BancorDAO has since voted on over 450 governance proposals, and has had at the time writing over 9,700 governance token holders, and over 1,100 voters.
What’s Next for Bancor
Per the BancorDAO, the Bancor community is focused on development of its flagship protocols, Carbon and Fast Lane. The beta version of Fast Lane is currently live on Ethereum mainnet, and will continue evolving, while the beta version of Carbon is expected to go live on Ethereum mainnet in the second quarter of 2023, pending voting by the BancorDAO. From there, deployment of both Carbon and Fast Lane on other Layer-1 and Layer-2 blockchains will be explored.
The Bancor community will continue executing on its mission to build innovative solutions that expand the design space for on-chain trading and liquidity and open the doors to a wide range of future DeFi applications and products.
What Can Bancor (BNT) Be Used For
The Bancor Network Token (BNT) can currently be staked for vBNT to vote in BancorDAO governance, with additional BNT utility controlled by the BancorDAO.
Relevant Sources:
Where can you buy Bancor Network?
BNT tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Bancor Network is WhiteBIT, where the most active trading pair BNT/USDT has a trading volume of $159,518.01 in the last 24 hours. Other popular options include BitMart and Bancor (V2).
What is the daily trading volume of Bancor Network (BNT)?
The trading volume of Bancor Network (BNT) is $2,640,179.58 in the last 24 hours, representing a 1,310.50% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.
What is the highest and lowest price for Bancor Network (BNT)?
Bancor Network (BNT) reached an all-time high of BTC0.001341 and an all-time low of BTC0.054596. It’s now trading -96.10% below that peak and 243.60% above its lowest price.
What is the market cap of Bancor Network (BNT)?
Market capitalization of Bancor Network (BNT) is BTC565.2307 and is ranked #646 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of BNT tokens (120 Million tokens are tradable on the market today).
What is the fully diluted valuation of Bancor Network (BNT)?
The fully diluted valuation (FDV) of Bancor Network (BNT) is BTC565.2307. This is a statistical representation of the maximum market cap, assuming the maximum number of 120 Million BNT tokens are in circulation today. Depending on how the emission schedule of BNT tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Bancor Network compare against its peers?
With a price decline of -7.20% in the last 7 days, Bancor Network (BNT) is underperforming the global cryptocurrency market which is down -3.90%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.
How to add Bancor Network (BNT) to MetaMask?
Adding Bancor Network (BNT) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import BNT as a token. You can copy BNT’s contract address (0x1f573d6fb3f13d689ff844b4ce37794d79a7ff1c) and import it manually, or if you've installed MetaMask's chrome extension, add BNT to MetaMask with one click on CoinGecko.
Add BNT to MetaMask.
Bancor Network Markets
| # | Exchange | Pair | Price | Spread | +2% Depth | -2% Depth | 24h Volume | Volume % | Last Updated | Trust Score | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
CEX
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$0.4155167921466103600000000000000000 | 0.19% | $12,510 | $4,314 | $159,518 | 6.04% |
Recently
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| 2 |
CEX
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$0.415580691221895600000000000000000000 | 0.48% | $3,944 | $21,655 | $84,221.00 | 3.19% |
Recently
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| 3 |
DEX
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$0.429090266491025550000000000000000000000000000000 | 0.61% | $1,087 | $1,246 | $3,691.00 | 0.14% |
Recently
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| 4 |
DEX
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$0.00945507273987209800000000000000000000000000000000 | 0.62% | $287 | $329 | $2,015.00 | 0.08% |
Recently
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| 5 |
DEX
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$26.91 | 0.72% | $35 | $40 | $650.00 | 0.02% |
Recently
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| 6 |
DEX
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$0.0724169647981828500000000000000000000000000000000 | 0.73% | $31 | $35 | $288.00 | 0.01% |
Recently
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| 7 |
DEX
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$1.25 | 0.74% | $30 | $34 | $191.00 | 0.01% |
Recently
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| 8 |
CEX
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$0.4159635803222369600000000000000000 | 0.12% | $23,536 | $18,380 | $205,161 | 7.76% |
Recently
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| 9 |
CEX
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$0.41561679618804160000000000000000000 | 0.07% | $15,428 | $18,611 | $74,694.00 | 2.83% |
Recently
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| 10 |
CEX
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$0.4154851821214990400000000000000000 | 0.1% | $25,197 | $25,980 | $78,260.00 | 2.96% |
Recently
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