About Bancor Network Token
Bancor Network Token (BNT) is an Ethereum token (ERC20) that powers Bancor, an ecosystem of decentralized, open-source DeFi protocols fostering onchain trading and liquidity.
Buy Bancor Network Token
Trading Insights
Buyer Ratio
Traders
24
-17.24%
Buyers
6
-14.29%
Sellers
18
-25%
Searched
17
Market Stats
Market Cap
£66.32M
FDV
£66.32M
Circ. Supply
115M BNT
Max Supply
Not enough data
Total Supply
115M BNT
Total Value Locked
£53.37M
Performance
Popularity
#400
Dominance
0%
Volume (24H)
£5.16M
31.97%
Volume (7D)
£24.74M
Volume (30D)
£117.94M
All time high
£17.55
Price Change (1Y)
61.43%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of Bancor Network Token has increased by 0.32% in the last hour and decreased by 0.97% in the past 24 hours. Bancor Network Token’s price has also risen by 0.41% in the past week. The current price is £0.58 per BNT with a 24-hour trading volume of £5.16M. Currently, Bancor Network Token is valued at 96.72% below its all time high of £17.55. This all-time high was the highest price paid for Bancor Network Token since its launch.
The current circulating supply of Bancor Network Token is 115,188,101.741 BNT which means that Bancor Network Token has as total market cap of £66,316,941.70.
Market details
BNT vs markets
↘ 15.24%
BNT vs BTC
↘ 17.62%
BNT vs ETH
↘ 3.36%
Tags
marketplace
decentralized-exchange-dex-token
defi
payments
+3
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x1F573D6Fb3F13d689FF844B4cE37794d79a7FF1C | |
Solana | EDVVEYW4fPJ6vKw5LZXRGUSPzxoHrv6eWvTqhCr8oShs |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.58 | ↘ 0.97% |
1 Day | £0.58 | ↘ 0.97% |
1 Week | £0.58 | ↗ 0.41% |
1 Month | £0.57 | ↗ 1.28% |
1 Year | £0.37 | ↗ 61.43% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Bancor (BNT) is a decentralized ecosystem that aims to facilitate on-chain trading and liquidity. It is built around a series of open-source protocols, with its primary protocol, Carbon, enabling users to execute automated trading strategies using custom on-chain limit and range orders. Carbon's design allows users to adjust their orders directly on-chain and aims to ensure that once executed, orders are irreversible. Another key protocol within the Bancor ecosystem is Fast Lane, which enables users to perform arbitrage between Bancor protocols and external on-chain exchanges. The entire Bancor ecosystem is governed by the BancorDAO, which operates through staked BNT.
Bancor operates through a series of decentralized protocols. The main protocol, Carbon, allows users to create automated trading strategies using on-chain limit and range orders. These orders can be easily adjusted directly on-chain. This gives users a high level of control and automation for their on-chain trading strategies. Another protocol, Fast Lane, enables users to perform arbitrage between Bancor protocols and external on-chain exchanges, redirecting arbitrage profits back to the Bancor ecosystem.
Bancor aims to provide a platform for on-chain trading and liquidity. Its Carbon protocol allows users to create automated trading strategies using on-chain limit and range orders, which can be easily adjusted and are intended to be irreversible once executed. This can be particularly useful for traders who want to automate their trading strategies and maintain control over their orders. The Fast Lane protocol, on the other hand, enables users to perform arbitrage between Bancor protocols and external on-chain exchanges, potentially providing a source of profit for those who can identify and exploit price discrepancies.
Bancor was developed as a decentralized ecosystem to facilitate on-chain trading and liquidity. Its main protocol, Carbon, was designed to allow users to perform automated trading strategies using custom on-chain limit and range orders. The Fast Lane protocol was later introduced to enable users to perform arbitrage between Bancor protocols and external on-chain exchanges. Over time, Bancor has continued to evolve and develop its protocols to provide users with more control and automation for their on-chain trading strategies.
We update our Bancor Network Token to GBP currency in real-time. Get the live price of Bancor Network Token on Coinbase.
The current market cap of Bancor Network Token is £66.32M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Bancor Network Token is £17.55. This all-time high is highest price paid for Bancor Network Token since it was launched.
Over the last 24 hours, the trading volume of Bancor Network Token is £5.16M.
Assets that have a similar market cap to Bancor Network Token include Hivemapper, DIA, Goatseus Maximus, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Bancor Network Token is 115 million.
Bancor Network Token ranks 145 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 80% of Coinbase users are buying Bancor Network Token. In other words, 80% of Coinbase customers have increased their net position in Bancor Network Token over the past 24 hours through trading.
Yes, Bancor Network Token is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Bancor Network Token guide.
Bancor Network Token news
Trending articles
Social stats
Popularity in posts
#893
Contributors
250
Posts
439
% About Bancor Network Token
0.036%
Articles
5
Hold times
0 days
X (Twitter)
14.52% bullish
Sentiment
4.5 ★
Highlights
250 unique individuals are talking about Bancor Network Token and it is ranked #893 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Bancor Network Token has an average sentiment score of 90 out of 5. Finally, Bancor Network Token is becoming less newsworthy, with 5 news articles published about Bancor Network Token.
On Twitter, people are mostly neutral about Bancor Network Token. There were 15.26% of tweets with bullish sentiment compared to 5.04% of tweets with a bearish sentiment about Bancor Network Token. 84.74% of tweets were neutral about Bancor Network Token. These sentiments are based on 242 tweets.
On Reddit, Bancor Network Token was mentioned in 150 Reddit posts and there were 145 comments about Bancor Network Token. 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
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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.
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