Last updated:--
View ChartBandot Protocol (BDT) is a blockchain-based project positioned as Polkadot's unsecured lending system, with a stated mission to build a new paradigm of a liquidity aggregation platform. The protocol also operates as an online platform for cross-chain smart token swap, connecting users who wish to exchange tokens across different blockchain networks. According to its official description, Bandot aims to combine innovative technology with unique use cases, targeting broad market potential and significant room for development. Bandot was founded in 2019 in Guangzhou, China; BDT was listed on CoinMarketCap on 2021-04-26. The project maintains a public GitHub repository where its development activity can be reviewed. BDT is issued as an ERC-20 token on Ethereum; a Polygon (POLY ERC-20) contract address is also referenced in third-party listings. On-chain activity can be checked via etherscan.io. Circulating and total supply are reported as zero by CoinMarketCap, which means market capitalization is also reported as zero; verify current data on the project page.
Bandot is a funded company based in Guangzhou, China, founded in 2019. Bandot was founded in 2019 in Guangzhou, China, by Hao Hao skyh, Vincent Chen and Lester Li. The company operates as an online platform for cross-chain smart token swap and has been profiled on Tracxn and PitchBook. Its PitchBook company profile is listed under ID 459505-81. According to company-profile data on Tracxn and PitchBook, Bandot is reported to have 1,681 active competitors, including 111 funded companies and 49 that have exited. The publicly documented founding team is Hao Hao skyh, Vincent Chen and Lester Li; no further team members or advisors are listed in the available sources.
Bandot Protocol is built as Polkadot's unsecured lending system and a liquidity aggregation platform. In practical terms, this means the protocol is designed to let users participate in lending activities without requiring collateral, a model that differs from the over-collateralized lending common in decentralized finance. At the same time, Bandot operates as a cross-chain smart token swap platform, enabling users to exchange tokens across different blockchain networks through smart contract logic. The combination of unsecured lending and cross-chain swapping suggests the protocol aims to aggregate liquidity from multiple sources and make it accessible across chains. BDT is an ERC-20 token on Ethereum, and the project's public GitHub repository at https://github.com/bandotio/Bandot is the primary place to review its technical implementation. The whitepaper, available at the official website, provides the project's own technical framing and design goals.
The primary differentiator claimed by Bandot Protocol is its positioning as Polkadot's unsecured lending system. Unsecured lending is a relatively uncommon model in decentralized finance, where most protocols require borrowers to lock collateral exceeding the value of the loan. By proposing a system without collateral requirements, Bandot aims to address a use case that mainstream DeFi lending has largely avoided. The second element of its value proposition is the liquidity aggregation platform combined with cross-chain smart token swap functionality. This combination is intended to let users move and exchange assets across chains while drawing on aggregated liquidity, potentially improving efficiency compared with isolated single-chain venues. The project describes itself as Polkadot's unsecured lending system and a new paradigm of a liquidity aggregation platform. The project's claimed positioning has not yet translated into broad market recognition; readers should review the audit information listed on CoinMarketCap for the auditor and date.
BDT is the native token tied to the Bandot Protocol ecosystem. Based on the project's stated positioning, the token is associated with an unsecured lending system and a liquidity aggregation platform, which implies roles in lending activity, liquidity provision, and cross-chain token swaps. The protocol's cross-chain smart token swap function suggests that BDT may be used within exchange flows between supported networks. Circulating and total supply are reported as zero by CoinMarketCap, and market capitalization is also reported as zero. Trading activity is limited; check the project page for current figures. For investors, the token's utility is best understood through the project's lending and cross-chain swap design rather than through current on-chain usage metrics, which remain minimal.
Development of the Bandot Protocol ecosystem is anchored by its public GitHub repository at https://github.com/bandotio/Bandot, which remains the primary channel for reviewing technical progress. The project maintains an official website at https://bandot.io/ and an English whitepaper at https://bandot.io/files/bandotv8-en.pdf, and communicates through its Twitter/X account at https://twitter.com/hellobandot. The project also maintains an official Telegram community at https://t.me/hiBandot. Bandot is reported as a funded company based in Guangzhou, China, and has been profiled on Tracxn and PitchBook, which indicates some level of corporate documentation and investor interest. However, ecosystem growth in terms of market activity remains limited: market capitalization is reported as zero, and circulating and total supply are reported as zero. According to company-profile data on Tracxn and PitchBook, Bandot is reported to have 1,681 active competitors, including 111 funded companies and 49 that have exited. Overall, the ecosystem appears to be at an early or dormant stage, and the available public information does not indicate significant recent expansion.
BDT is an ERC-20 token issued on Ethereum and referenced on Polygon; its supply is not produced by proof-of-work mining. New BDT is not minted through mining rewards — the token is distributed through the project's own issuance and trading on exchanges. The project's focus is on lending, liquidity aggregation, and cross-chain token swaps, which are typically associated with smart contract platforms rather than mining-based issuance. As a result, there is no established mining mechanism for users to participate in. Investors interested in acquiring BDT should note that trading activity is limited and that circulating and total supply are reported as zero by CoinMarketCap. Any staking or yield mechanism would need to be confirmed through the project's official documentation, as the reference material does not describe one in detail.
Securing BDT follows the same general principles as securing other blockchain-based tokens. Because on-chain activity is recorded on the Ethereum network with etherscan.io as the block explorer, users should verify contract addresses and transaction details directly through the explorer before interacting with any token. Storing assets in a reputable self-custody wallet, keeping private keys and seed phrases offline and never sharing them, and using hardware wallets for larger holdings are standard precautions. Users should also be cautious of phishing links and fake token contracts, especially for projects with low market recognition. Before buying or interacting with the token, review the official website, whitepaper, and GitHub repository to confirm you are dealing with the genuine project. As with all cryptocurrency investments, thorough research and awareness of the associated risks are essential. BDT is a low-liquidity token and its price remains subject to market volatility.
Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
Choose Bandot Protocol products that suit your trading style
Thank you for your interest in BTCC. Currently, spot and futures trading services for BDT are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Bandot Protocol (BDT) is C$0.000011. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated BDT to USD rate at the top of BTCC’s price page. In terms of market scope, Bandot Protocol records a 24h trading volume of C$207.727228 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$0. Its current circulating supply stands at -- out of a maximum supply cap of ∞.
The price volatility of Bandot Protocol (BDT) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (--) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Bandot Protocol (BDT) hit an all-time high (ATH) of C$0.046445 on 2021-04-30 10:40, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$0.00000754034746773590.057540 on 2026-09-23 07:15. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading BDT futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (C$207.727228), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s BDTUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Bandot Protocol, simply log into your BTCC account with USDT margin available, navigate to the BDTUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for BDTUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: C$0.000011), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for BDTUSDT with zero financial risk.
Trading Bandot Protocol (BDT) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for BDTUSDT, and review its live price (C$0.000011) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.