About Bonfida
FIDA is a Solana token that governs Bonfida, a product that aims to build a user interface, API, and data analytics for the Serum decentralized exchange. In addition, Bonfida aims to build solutions for a decentralized name service and a platform for NFT exchange on Solana. FIDA can be used to vote on the future of the protocol.
Buy Bonfida
Trading Insights
Buyer Ratio
Traders
54
8%
Buyers
24
-7.69%
Sellers
33
32%
Searched
37
Market Stats
Market Cap
£67.01M
-0.97%
FDV
£67.63M
Circ. Supply
991M FIDA
Max Supply
1B FIDA
Total Supply
991M FIDA
Diluted Valuation
£67.66M
Performance
Popularity
#404
Dominance
0%
Volume (24H)
£3.84M
-25.71%
Volume (7D)
£71.07M
Volume (30D)
£112.52M
All time high
£7.36
Price Change (1Y)
-68.14%
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 Bonfida has decreased by 0.49% in the last hour and decreased by 1.03% in the past 24 hours. Bonfida’s price has also fallen by 6.65% in the past week. The current price is £0.0677 per FIDA with a 24-hour trading volume of £3.84M. Currently, Bonfida is valued at 99.08% below its all time high of £7.36. This all-time high was the highest price paid for Bonfida since its launch.
The current circulating supply of Bonfida is 990,911,291.964 FIDA which means that Bonfida has as total market cap of £67,014,109.40.
Market details
FIDA vs markets
↘ 82.84%
FIDA vs BTC
↘ 82.49%
FIDA vs ETH
↘ 81.58%
Tags
defi
ftx-bankruptcy-estate
binance-listing
Network & Addresses
Network | Address | |
|---|---|---|
Solana | EchesyfXePKdLtoiZSL8pBe8Myagyy8ZRqsACNCFGnvp |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0677 | ↘ 1.03% |
1 Day | £0.0685 | ↘ 1.03% |
1 Week | £0.0721 | ↘ 6.65% |
1 Month | £0.0674 | ↗ 0.16% |
1 Year | £0.22 | ↘ 68.14% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Bonfida is an infrastructure developer on the Solana blockchain, recognized for its contributions to the ecosystem. It seeks to provide services and products that aim to enhance the Solana blockchain for its users. Bonfida's contributions include the creation of the Asset Agnostic Orderbook (AOB) and launching a perpetual swap on Solana, Audaces. The Bonfida ecosystem is powered by the FIDA token, which provides a range of features and benefits to its holders.
Bonfida operates by leveraging the unique low-latency feature of the Solana blockchain. It has developed the Solana Name Service (SNS), a user-friendly platform that includes domain name services. The SNS uses the Wormhole bridge to facilitate domain name interoperability across various chains, aiming to provide users with a cohesive, global blockchain identity. Bonfida also provides benefits to FIDA token holders.
Bonfida has a wide range of potential use cases. Its Solana Name Service (SNS) seeks to redefine web3 naming systems, offering domain registration, management, record handling, and trading services. The SNS also aims to redefine web3 identity, providing record management, profiling capabilities, and the ability to bridge web2 reputations across multiple blockchains. Furthermore, the FIDA token within the Bonfida ecosystem provides a range of benefits, including privileged fee structures, registration discounts, and the potential for holders to influence the direction of the SNS Improvement Protocol.
Bonfida has established itself as a player in the Solana ecosystem through its innovative contributions. It has developed the Asset Agnostic Orderbook (AOB), simplified transactions with the Solana Name Service, and launched a perpetual swap on Solana, Audaces. The FIDA token, integral to the Bonfida ecosystem, was initially distributed in December 2020, with a maximum supply of 1 billion FIDA tokens. Bonfida's ongoing efforts aim to drive community growth and enhance the utility of the Solana blockchain.
We update our Bonfida to GBP currency in real-time. Get the live price of Bonfida on Coinbase.
The current market cap of Bonfida is £67.01M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Bonfida is £7.36. This all-time high is highest price paid for Bonfida since it was launched.
Over the last 24 hours, the trading volume of Bonfida is £3.84M.
Assets that have a similar market cap to Bonfida include Freysa, CARV, Illuvium, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Bonfida is 991 million.
Bonfida ranks 205 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 78% of Coinbase users are buying Bonfida. In other words, 78% of Coinbase customers have increased their net position in Bonfida over the past 24 hours through trading.
Yes, Bonfida is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Bonfida guide.
Bonfida news
Trending articles
Social stats
Popularity in posts
#690
Contributors
117
Posts
490
% About Bonfida
0.04%
Hold times
0 days
X (Twitter)
55.08% bullish
Sentiment
4.4 ★
Highlights
117 unique individuals are talking about Bonfida and it is ranked #690 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Bonfida has an average sentiment score of 88 out of 5. Finally, Bonfida is becoming less newsworthy, with 0 news articles published about Bonfida.
On Twitter, people are mostly bullish about Bonfida. There were 59.6% of tweets with bullish sentiment compared to 8.21% of tweets with a bearish sentiment about Bonfida. 40.4% of tweets were neutral about Bonfida. These sentiments are based on 488 tweets.
On Reddit, Bonfida was mentioned in 1 Reddit posts and there were 1 comments about Bonfida. 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.