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View ChartBifrost (BFC) is a multichain interoperability network and middleware platform designed to connect diverse blockchain ecosystems and unlock multichain capabilities. It allows developers to build decentralized applications (DApps) on top of multiple protocols, functioning as a "superhighway" that enables blockchains to communicate and share functionality rather than operating in isolation. Bifrost Network is an EVM-compatible Layer 1 blockchain equipped with advanced cross-chain features, seamlessly connecting networks including the Bitcoin Network and allowing DApps to utilize a range of cryptocurrencies from any supported chain.
Bifrost Network is an EVM-compatible Layer 1 blockchain built on a Substrate development framework, with BFC used for gas, staking and network security. According to its whitepaper, Bifrost seeks to solve the problems of decentralization and turn the assurances of blockchain into reality. BFC is the network's native token, with a circulating supply of approximately 1.38 billion and a total supply of 2.58 billion. According to Yahoo Finance, BFC's start date is 30 November 2020; CoinDesk lists a launch date of 23 June 2020. The project continues to expand through integrations and strategic partnerships.
BIFROST was founded in 2017 by two professors and another founder with extensive experience in finance and computer science. The co-founders are Dohyun Pak, who serves as Co-founder and Chief Executive Officer, JongHyup Lee, and Changhyun Yoo. The company behind the project is Bifrost Finance, a self-owned technology and internet company headquartered in Singapore with a team of 11-50 employees. Bifrost raised a total of $16.91 million across four completed funding rounds, including a Private round and an IDO, and is listed in the DWF Labs Portfolio.
Bifrost operates through a Cross-Chain Communication Protocol (CCCP), a crucial component that connects all networks. CCCP ensures safe and fast inter-chain message transmission through Bifrost Network's nodes, namely Full-nodes and Relayers. Bifrost Network directly connects all networks, including the Bitcoin network, EVM, and non-EVM networks, through this proprietary protocol. The network also features a built-in oracle that accurately and promptly delivers off-chain information without relying on external oracles, ensuring stability while minimizing operational costs and burdens by reducing oracle operating expenses.
Some third-party descriptions characterise Bifrost as an optimistic bridge secured by Cardano stake pools; the project's own documentation instead describes cross-chain messaging via its Cross-Chain Communication Protocol (CCCP), secured by Full-nodes and Relayers. According to the project's official site, average block time is 3.00 seconds, throughput is 1,000+ transactions, and average cost per transaction is $0.005.
Bifrost's primary value lies in its focus on cross-chain functionality, providing an environment where DApps can operate across a multi-chain landscape. Its proprietary Cross-Chain Communication Protocol directly connects Bitcoin, EVM, and non-EVM networks, a capability that distinguishes it from single-chain platforms. The built-in oracle further differentiates the network by removing dependence on external oracle services, which reduces cost and operational risk.
Bifrost also leverages interoperability by utilizing native BTC for DeFi services through BTCFi, an asset management service that provides a wide range of use cases for native Bitcoins. The project has described deflationary mechanics involving token burns, though the specific rules are not detailed in the available public sources. Bifrost is listed in the DWF Labs Portfolio, and CoinMarketCap lists a CertiK rating of 4.0 (the rating scale and methodology are published by CertiK).
As with any crypto asset, BFC's price is volatile and can fall sharply; cross-chain bridges and smart contracts carry technical risk, and the regulatory treatment of crypto assets varies by jurisdiction. This is not investment advice.
BFC is the native token of the Bifrost Network and is used across its ecosystem of DeFi and interoperability services. The token facilitates network operations, staking, and participation in decentralized applications built on the platform. Bifrost describes itself as open to all: users, developers, DApps, and other networks. Developers can build on Bifrost to access a wide range of infrastructure that enables multichain capabilities from the outset.
According to Crypto.com, BFC trades against fiat pairs including AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD and KRW. The token also plays a role in the network's deflationary mechanics, where a portion of buybacked tokens is burned to reduce supply.
Bifrost started in 2018 as a middleware project offering multi-chain functionality to other networks, and evolved into a complete multi-chain ecosystem with the launch of the new Bifrost Network mainnet in January 2023. The Bifrost ecosystem is expanding through new integrations and strategic partnerships. Notable developments include BTCFi, an asset management service that uses Bifrost Network to provide use cases for native Bitcoins, and Flare XRPFi, mentioned in project updates as part of Bifrost's expansion. The project has continued to expand its ecosystem through new integrations and partnerships, according to its official channels.
BFC is available on several major trading venues, according to public listings. The project is trusted by renowned partners worldwide and continues to build an ever-evolving ecosystem open to users, developers, DApps, and other networks.
BFC is not mined through proof-of-work. Bifrost Network is an EVM-compatible Layer 1 built on a Substrate framework, where BFC is used for gas, staking and network security, and cross-chain messages are validated by Full-nodes and Relayers under the Cross-Chain Communication Protocol (CCCP). The project announced a DPoS network for cross-chain solutions in February 2022, describing a 20% APR staking opportunity.
Keeping BFC safe begins with using reputable wallets that support the Ethereum platform and EVM-compatible networks, since Bifrost operates on Ethereum and its own EVM-compatible Layer 1. BFC originated as an ERC-20 token on Ethereum and acts as a bridged representation of the native coin on the Bifrost Network, a separate Layer 1 blockchain; BFC can be bridged between the two ecosystems. Users should store private keys securely, preferably in hardware wallets for larger holdings, and never share seed phrases with anyone. Enabling two-factor authentication on exchange accounts adds an extra layer of protection.
Before interacting with any DApp or bridge, verify the official website and contract addresses to avoid phishing attempts. When handling BFC on Ethereum, check that the token contract matches 0x0c7D5ae016f806603CB1782bEa29AC69471CAb9c. Since Bifrost involves cross-chain functionality, users should double-check destination addresses when bridging assets between networks. Regularly reviewing wallet permissions and revoking unnecessary approvals helps minimize exposure to smart contract risks. Staying informed through official channels such as the project's Twitter and Medium accounts ensures awareness of updates and potential security notices.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for BFC 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 Bifrost (BFC) is C$0.030456. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated BFC to USD rate at the top of BTCC’s price page. In terms of market scope, Bifrost records a 24h trading volume of C$3.62284M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$43.037097M. Its current circulating supply stands at 1.39B out of a maximum supply cap of ∞.
The price volatility of Bifrost (BFC) 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 (1.39B) 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, Bifrost (BFC) hit an all-time high (ATH) of C$1.110006 on 2021-08-19 00:10, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$0.012134 on 2026-08-19 10:30. 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 BFC 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$3.62284M), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s BFCUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Bifrost, simply log into your BTCC account with USDT margin available, navigate to the BFCUSDT 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 BFCUSDT 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$0.030456), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for BFCUSDT with zero financial risk.
Trading Bifrost (BFC) 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 BFCUSDT, and review its live price (C$0.030456) 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.
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