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.
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Trading Insights
Buyer Ratio
Traders
31
287.5%
Buyers
11
175%
Sellers
22
450%
Searched
13
Market Stats
Market Cap
£53.30M
1.21%
FDV
£51.20M
Circ. Supply
115M BNT
Max Supply
111M BNT
Total Supply
115M BNT
Total Value Locked
£43.65M
Diluted Valuation
£51.26M
Performance
Popularity
#416
Dominance
0%
Volume (24H)
£5.54M
55.11%
Volume (7D)
£27.99M
Volume (30D)
£125.98M
All time high
£17.80
Price Change (1Y)
22.05%
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 decreased by 0.20% in the last hour and increased by 0.45% in the past 24 hours. Bancor Network Token’s price has also fallen by 0.26% in the past week. The current price is £0.46 per BNT with a 24-hour trading volume of £5.54M. Currently, Bancor Network Token is valued at 97.40% below its all time high of £17.80. 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 £53,296,989.71.
Market details
BNT vs markets
↘ 29.46%
BNT vs BTC
↘ 25.71%
BNT vs ETH
↘ 24.53%
Tags
marketplace
decentralized-exchange-dex-token
defi
payments
+3
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x1F573D6Fb3F13d689FF844B4cE37794d79a7FF1C | |
Solana | EDVVEYW4fPJ6vKw5LZXRGUSPzxoHrv6eWvTqhCr8oShs |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.46 | ↗ 0.45% |
1 Day | £0.46 | ↗ 0.45% |
1 Week | £0.46 | ↘ 0.26% |
1 Month | £0.48 | ↘ 5.00% |
1 Year | £0.39 | ↗ 22.05% |
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 Network Token news
Trending articles
Social stats
Popularity in posts
#1980
Contributors
23
Posts
23
% About Bancor Network Token
0.01%
Hold times
0 days
X (Twitter)
40% bullish
Sentiment
4.1 ★
Highlights
23 unique individuals are talking about Bancor Network Token and it is ranked #1,980 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 4.1 out of 5. Finally, Bancor Network Token is becoming less newsworthy, with 0 news articles published about Bancor Network Token.
On Twitter, people are mostly neutral about Bancor Network Token. There were 40% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Bancor Network Token. 60% of tweets were neutral about Bancor Network Token. These sentiments are based on 55 tweets.
On Reddit, Bancor Network Token was mentioned in 33 Reddit posts and there were 44 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.
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.