The Block • May 13, 25
Solana Name Service airdrops 40% of token supply after FIDA tokenomics deemed unsustainable
The project is a "decentralized naming protocol" on the Solana blockchain, which is meant to streamline user interactions.
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Bonfida Price (FIDA)
Explore Bonfida
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Investment Risk
Market stats
Bonfida is on the rise this week. ↗
The price of Bonfida has increased by 2.38% in the last hour and decreased by 0.37% in the past 24 hours. Bonfida’s price has also risen by 24.75% in the past week. The current price is £0.0598 per FIDA with a 24-hour trading volume of £10.96M. Currently, Bonfida is valued at 99.40% below its all time high of £9.95. This all-time high was the highest price paid for Bonfida since its launch.
The current circulating supply of Bonfida is 990,911,466.499 FIDA which means that Bonfida has as total market cap of £59,710,443.20.
Overall
Market cap
£59,710,443.20
Popularity
#372
Circulating
£990,911,466.50
Max Supply
£1,000,000,000.00
Hold time
Not enough data
Past performance is not a reliable indicator of future results. Learn more about asset risks.
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.
Price & Volume changes
Volume (24h)
£10,957,490.54
↘ 43.91%
Volume (30D)
£544,962,071.20
Volume (7D)
£78,001,797.47
Past performance is not a reliable indicator of future results. Learn more about asset risks.
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.
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.
Bonfida launched on Coinbase on February 2, 2022 at 6:02 PM
Additional info about Bonfida
Networks and tags
Solana:;
EchesyfXePKdLtoiZSL8pBe8Myagyy8ZRqsACNCFGnvp
defi
ftx-bankruptcy-estate
binance-listing
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 £59.71M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Bonfida is £9.95. 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 £10.96M.
Assets that have a similar market cap to Bonfida include IQ, SATS (Ordinals), BugsCoin, 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 197 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 Price History
Date | Price | Change |
|---|---|---|
Today (July 6, 2025) | £0.0598 | +0.18% |
24 hours ago (July 5, 2025) | £0.0601 | -0.37% |
1 week ago (June 29, 2025) | £0.0483 | +24.75% |
1 month ago (June 6, 2025) | £0.0485 | +24.47% |
1 year ago | £0.17 | -63.31% |
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Reading List
BeInCrypto • May 07, 25
Solana Name Service Debuts SNS Token, Allocates 40 % for Airdrop
Solana Name Service’s new SNS token replaces FIDA, with a bold 40% airdrop rewarding .sol domain holders and fueling broader adoption. While promising, it must navigate risks tied to token dumping and liquidity management.The post Solana Name Service Debuts SNS Token, Allocates 40 % for Airdrop a...
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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.
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