Blockchain-based liquidity protocol for small crypto assets.
Bancor is a protocol enabling decentralized asset swaps, liquidity provision, and automatic market making on Ethereum and EOS, using BNT token for cross-chain exchanges and incentives.
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What is Bancor (BNT)?
Bancor, established in 2017, is a decentralized exchange protocol built on Ethereum and other blockchains. It automates the exchange of digital assets, particularly targeting smaller cryptocurrencies that lack liquidity. Bancor provides these coins with liquidity and rewards liquidity providers. It functions like an automated market maker (AMM) without relying on traditional financial institutions. BNT, Bancor's native token with a fixed supply of 69 million, along with ETHBNT, are central to the platform. Bancor incentivizes users to deposit assets into liquidity pools, utilizing BNT and smart contracts for fast, low-fee trades. Pools consist of token pairs and BNT, the reserve currency. Depositors receive pool tokens redeemable for their original deposit. BNT acts as an intermediary du...
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Bancor price live information
As of now, Bancor is trading at 0.639 USD, with a 24-hour trading volume of approximately 205.34K USD. The BNT to USD price is updated in real time. Over the past 24 hours, Bancor has increased by 2.87%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 73.61M USD. Currently, there are 115 188 101.740697 BNT in circulation out of a maximum supply of 115 188 101.740697 BNT.
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