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.
Trading Insights
Searched
5
Market Stats
Market Cap
Not enough data
FDV
£153.45K
Circ. Supply
Not enough data
Max Supply
1B QBT
Total Supply
1B QBT
Total Value Locked
£22.73K
Diluted Valuation
£153.00K
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
£23.42
-97.4%
Volume (7D)
£172.86
Volume (30D)
£638.27
All time high
£0.42
Price Change (1Y)
29.48%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Qubit has increased by 0.01% in the last hour and increased by 3.21% in the past 24 hours. Qubit’s price has also risen by 15.40% in the past week. The current price is £0.000153 per QBT with a 24-hour trading volume of £23.42. Currently, Qubit is valued at 99.96% below its all time high of £0.42. This all-time high was the highest price paid for Qubit since its launch.
The current circulating supply of Qubit is 0 QBT which means that Qubit has as total market cap of £0.00.
Market details
QBT vs markets
↘ 20.71%
QBT vs BTC
↘ 30.35%
QBT vs ETH
↗ 29.53%
Tags
mvb
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0x17B7163cf1Dbd286E262ddc68b553D899B93f526 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.000153 | ↗ 3.21% |
1 Day | £0.000148 | ↗ 3.21% |
1 Week | £0.000131 | ↗ 15.40% |
1 Month | £0.000123 | ↗ 23.63% |
1 Year | £0.000123 | ↗ 29.48% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
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 GBP currency in real-time. Get the live price of Qubit on Coinbase.
The current market cap of Qubit is £0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Qubit is £0.42. 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 £23.42.
Assets that have a similar market cap to Qubit include Green Climate World, Micromines, Cyberpunk City, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Qubit is 0.
Qubit calculator
1 Qubit (QBT) to Canadian Dollar (CAD)
CA$0.000283
1 Qubit (QBT) to British Pound (GBP)
£0.000153
1 Qubit (QBT) to Real (BRL)
R$0.0011
1 Qubit (QBT) to Euro (EUR)
€0.000177
1 Qubit (QBT) to Singapore Dollar (SGD)
S$0.000264
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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.