Bancor Network Token price, BNT chart, and market cap

BNT Price Statistics

Bancor Network Token Price Today
Bancor Network Token Price	$1.36
Market Cap	$342,231,846
Market Cap Dominance	0.03%
Trading Volume	$6,995,808
Volume / Market Cap	0.0204
24h Low / 24h High	$1.35 / $1.39
7d Low / 7d High	$1.33 / $1.51
Market Cap Rank	#132
All-Time High	$10.72 -87.3% Jan 09, 2018 (over 4 years)
All-Time Low	$0.120935 1026.2% Mar 13, 2020 (about 2 years)

BNT Price Today

Bancor Network Token price today is $1.36 with a 24-hour trading volume of $7,001,817. BNT price is up 0.6% in the last 24 hours. It has a circulating supply of 250 Million BNT coins and a total supply of 251 Million. If you are looking to buy or sell Bancor Network Token, Bancor Network is currently the most active exchange.

What was the highest price for Bancor Network Token?

Bancor Network Token hit an all time high of $10.72 on Jan 09, 2018 (over 4 years).

What was the lowest price for Bancor Network Token?

Bancor Network Token had an all time low of $0.120935 on Mar 13, 2020 (about 2 years).

What was the 24 hour trading volume of Bancor Network Token?

The 24 hour trading volume of Bancor Network Token is $7,001,817.

Where can Bancor Network Token be traded?

You can trade Bancor Network Token on Bancor Network, Bancor Network, and Bancor Network.

What Is Bancor (BNT)?

Bancor is the only decentralized staking protocol that allows you to earn money with single-token exposure and full protection from impermanent loss. Launched in 2017, Bancor was the first DeFi protocol.

Today, it generates millions in fees per month for depositors, offering up to 60% APR on tokens like ETH, WBTC, LINK, MATIC, AAVE & more. Bancor is owned by its community as a decentralized autonomous organization (Bancor DAO).

The protocol token used on the network is the “Bancor Network Token,” BNT. The protocol’s token allows traders to provide liquidity for the pools available on the network. Anyone can contribute liquidity to the pools. When liquidity providers contribute liquidity to a pool, they are eligible to receive fees for trades that pass through the pool. Liquidity providers will receive pool tokens that represent their share of liquidity, fees, and Liquidity Mining rewards in the pool.

How Many Bancor (BNT) Coins Are In Circulation?

The Bancor Network Token (BNT) has an elastic supply, afforded by the protocol's minting and burning of tokens to maintain trading liquidity levels in Bancor pools. Protocol-owned trading liquidity earns swap fees from trading volume, such that the protocol comes to hold more BNT over time. The protocol's new balance of BNT is then burned in exchange for pool tokens when LPs stake the equivalent amount of their own BNT. Due to swap fees earned, more BNT is ultimately burned than was initially supplied by the protocol. This excess of BNT is then burned to offset the cost of impermanent loss, deflating the overall supply of BNT in the long term.

How Is The Bancor Network Secured?

Bancor is one of the longest-running and most heavily audited projects in crypto, receiving stellar ratings from leading auditors including Certik, PeckShield, and Halborn. In addition, Bancor received one of the highest safety scores to date by DeFiSafety (96%) in 2021.

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