About Qubit
Qubit is Mound’s innovative DeFi lending protocol that is optimized to deliver lending as a utility for the BSC. With zero withdrawal fees, Qubit not only reduces the cost of lending and borrowing for retail users, it also enables PancakeBunny and other BSC yield aggregators to employ leveraged strategies to maximize Single Asset returns. Qubit is also committed to supporting vertical integration of code review for PancakeBunny and other farming platforms to enhance BSC ecosystem security, as well as to avoid the destabilizing impact on Layer 2 services of disorganized migrations on Layer 1. Once the Qubit launch has established a steady equilibrium, we expect to launch a wide spectrum of derivative products (such as margin trading) shortly thereafter.
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Trading Insights
Searched
11
Market Stats
Market Cap
Not enough data
FDV
ARS 451.20M
Circ. Supply
Not enough data
Max Supply
1B QBT
Total Supply
1B QBT
Total Value Locked
ARS 45.44M
Diluted Valuation
ARS 454.98M
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
ARS 191.37K
-82.54%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
ARS 828.95
Price Change (1Y)
118.78%
Additional details
Market details
QBT vs markets
↗ 22.78%
QBT vs BTC
↗ 22.87%
QBT vs ETH
↗ 34.11%
Tags
mvb
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0x17B7163cf1Dbd286E262ddc68b553D899B93f526 |
Price history
Time | Price | Change |
|---|---|---|
Today | ARS 0.45 | ↘ 3.41% |
1 Day | ARS 0.48 | ↘ 3.41% |
1 Week | ARS 0.39 | ↗ 13.28% |
1 Month | ARS 0.35 | ↗ 18.53% |
1 Year | ARS 0.15 | ↗ 118.78% |
Coinbase insights
Recent trends
The latest QBT price is ARS 0.45. Compared to Qubit's value of ARS 0.48 from 24 hours ago, there's been a -3% decrease, while the current price is 13% up from ARS 0.39 which was recorded one week ago. Qubit's all time high is ARS 828.95, which was reached on September 2, 2021. This is a -100% change from its price today.
The fully diluted valuation of Qubit is ARS 451.20M. The diluted valuation of Qubit is ARS 451.20M.
FAQ
Qubit (QBT) is a decentralized money market platform that leverages the blockchain's speed, automation, and security to efficiently and securely connect lenders and borrowers.
According to the whitepaper, Qubit aims to make the currency market a safe commodity for the entire BSC ecosystem. Therefore, Qubit does not charge withdrawal fees that hinder the innovative application of more complex leverage strategies on BSC. Binance Smart Chain (BSC) is a blockchain network built for running smart contract-based applications.
Qubit seeks to promote ecosystem security for BSC. Qubit does this in two ways. First, Qubit does not support flash loans, which removes one of the platform's major sources of insecurity in the entire ecosystem. Second, the Qubit team completely supports vertically integrated code reviews and full-stack audits for all listed projects based on the Qubit platform.
Interest rates for liquidity providers (lenders) and borrowers are calculated based on usage rates. For example, according to the formula, if the utilization rate is A%, the lender gets an interest rate of X%, and the borrower pays an interest rate of Y%.
QBT is a BEP20 token and the governance token of the Qubit protocol. The participation of lenders and borrowers is an important part of the Qubit protocol, and as such, QBT is minted and distributed to all participants in Qubit. 57% of the total QBT supply is allocated to liquidity providers as rewards. Mining can take place over 12 months, with 5% of the total supply paid monthly to liquidity providers.
Qubit is recent in Mound's growing suite of products to increase the PancakeBunny ecosystem. As a yield aggregator, PancakeBunny leverages all the advantages of Qubit to provide a good yield on-chain for single asset liquidity.
The total supply of Qubit tokens is one billion QBT coins.
We update our Qubit to ARS currency in real-time. Get the live price of Qubit on Coinbase.
The current market cap of Qubit is ARS 0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Qubit is ARS 828.95. This all-time high is highest price paid for Qubit since it was launched.
Over the last 24 hours, the trading volume of Qubit is ARS 191.37K.
Assets that have a similar market cap to Qubit include Dogecoin 2.0, Wanaka Farm, Immutable, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Qubit is 0.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#3387
Contributors
39
Posts
51
% About Qubit
0.004%
Hold times
0 days
X (Twitter)
97.38% bullish
Sentiment
4.5 ★
Highlights
39 unique individuals are talking about Qubit and it is ranked #3,387 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Qubit has an average sentiment score of 89 out of 5. Finally, Qubit is becoming less newsworthy, with 0 news articles published about Qubit.
On Twitter, people are mostly bullish about Qubit. There were 97.38% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Qubit. 2.62% of tweets were neutral about Qubit. These sentiments are based on 26 tweets.
On Reddit, Qubit was mentioned in 8 Reddit posts and there were 7 comments about Qubit. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.