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View ChartBounce Token (AUCTION) is the native cryptocurrency of the Bounce Finance ecosystem, a decentralized auction platform built on the Ethereum blockchain. The project is designed to support the auctioning and trading of a wide range of assets, including tokens, NFTs, and real-world collectibles, directly on-chain. Bounce positions itself as "Auction as a Service" (AaaS), offering transparent, efficient, and accessible auctioning, bidding, and buying processes for Web3 users without centralized intermediaries. AUCTION has a maximum supply capped at 10 million tokens, with a total supply of approximately 7.64 million and a circulating supply of roughly 6.94 million. The project was founded in 2020 and has since expanded its onchain auction infrastructure across multiple chains, including availability on Robinhood Chain.
Bounce Token was founded in 2020 by Jack Lu and Chandler Song, who co-created Bounce.finance as a platform to revolutionize token swapping through competitive auctions for limited supplies of tokens and NFTs. A third co-founder, Chandler Fang, is also listed in the founding team table of the WazirX coin report. The founders envisioned a decentralized auction environment that removes centralized intermediaries and democratizes access to asset trading. The project has since grown into a multi-chain auction ecosystem with a focus on transparency, security, and verifiability.
Bounce Finance operates as a fully decentralized auction protocol on Ethereum. Users can create and participate in auctions for tokens, NFTs, and real-world collectibles without relying on centralized intermediaries. The platform records every transaction on the blockchain, ensuring that all auction activities are immutable, transparent, and resistant to fraud. Bounce offers advanced auction types and exclusive pools accessible to AUCTION holders. The platform also supports competitive swapping, where creators can launch their own tokens and NFTs in a fair and competitive environment. Governance is handled through AUCTION token voting, with Bounce Governance V1 introduced as a key milestone. The ecosystem also includes no-loss and NFT lotteries, and its onchain auction infrastructure is available on Robinhood Chain.
Bounce Token distinguishes itself through its "Auction as a Service" model, which enables anyone to build, design, connect, collect, and trade assets across multiple chains. Unlike traditional swapping platforms, Bounce creates a fair and competitive environment for token sales, allowing creators to launch their own tokens and NFTs with a wide range of auction opportunities. The platform's decentralized nature ensures that transactions are secure, verifiable, and immutable, reducing the risk of fraud. AUCTION holders gain access to advanced auction types, exclusive pools, and governance voting power. The project's multi-chain support and integration with Robinhood Chain further extend its reach and utility, positioning it as a versatile infrastructure layer for onchain auctions.
AUCTION functions as a medium of exchange and governance token within the Bounce Finance ecosystem. Holders can use AUCTION to create and participate in advanced auction types, access exclusive pools, and vote on platform governance decisions. The token is integral to the auction process, enabling bidding, buying, and selling of tokens, NFTs, and real-world collectibles. AUCTION also supports the platform's no-loss and NFT lotteries. As the native token, it aligns incentives between users, creators, and the protocol, facilitating a decentralized and community-driven auction environment.
The Bounce ecosystem continues to expand its onchain auction infrastructure across multiple chains. Bounce.finance serves as the core decentralized auction protocol, while Auction as a Service (AaaS) enables users to create and participate in auctions without centralized intermediaries. The platform has introduced Bounce Governance V1, no-loss and NFT lotteries, and migrated from BOT to AUCTION. Its infrastructure is now available on Robinhood Chain, and it supports a wide range of assets including tokens, NFTs, and real-world collectibles. With 228 active markets and trading pairs across multiple fiat and crypto currencies, the ecosystem is developing through multi-chain support and continuous platform improvements.
Bounce Token (AUCTION) is not mined through traditional proof-of-work mechanisms. It is an ERC-20 token on the Ethereum blockchain, and its supply is capped at 10 million tokens. There is no public information indicating a mining or staking mechanism for AUCTION. Users can acquire AUCTION through supported trading platforms or by participating in the Bounce ecosystem. The token's distribution and utility are tied to platform activities such as auctions, governance, and exclusive pools, rather than block rewards or mining incentives.
Since AUCTION is an Ethereum-based ERC-20 token, it can be stored in any compatible wallet that supports ERC-20 assets, such as hardware wallets, software wallets, or mobile wallets. For maximum security, use a hardware wallet to keep your private keys offline. Always verify contract addresses before interacting with any token or platform, and avoid sharing your private keys or seed phrase with anyone. Enable two-factor authentication where available, and be cautious of phishing attempts and fake websites. Given the platform's focus on transparency and immutability, users should also conduct thorough research and assess risk tolerance before engaging with the ecosystem.
AUCTION is listed on several major exchanges and can be purchased through a variety of trading platforms. For a secure and liquid trading experience, using a major regulated platform like BTCC is recommended.
Register a BTCC Account: Sign up using your email or mobile number and complete the KYC verification to unlock more features and benefits of the platform.
Deposit Funds: Deposit fiat currency via bank transfer, card, or third-party payment, or transfer USDT from an external wallet into your BTCC account.
Start Trading: Go to the trading page and search for the spot trading pair AUCTION/USDT or the perpetual contract AUCTIONUSDT.
Place an Order: Enter the amount of AUCTION you wish to purchase and submit the order. For contract trading, you can also choose to go short and adjust the leverage multiplier according to your strategy and risk tolerance.
Confirm Your Purchase: For spot purchases, check your personal account to see if the coins have arrived. For contract trades, check the trading page to see if your order was filled successfully.
Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
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Zero slippage, ultra-fast matching, supports large spot transactions seamlessly, ideal for long-term asset allocation and spot accumulation.
TradeAs of right now, the live price of Bounce Token (AUCTION) is $3.635669. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated AUCTION to USD rate at the top of BTCC’s price page. In terms of market scope, Bounce Token records a 24h trading volume of $6.793517M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $24.531864M. Its current circulating supply stands at 6.94M out of a maximum supply cap of 10M.
The price volatility of Bounce Token (AUCTION) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (6.94M) to max supply (10M), 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, Bounce Token (AUCTION) hit an all-time high (ATH) of $70.55596 on 2021-04-12 03:05, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $2.711432 on 2026-08-18 12:05. 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 AUCTION 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 ($6.793517M), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s AUCTIONUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Bounce Token, simply log into your BTCC account with USDT margin available, navigate to the AUCTIONUSDT 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 AUCTIONUSDT 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: $3.635669), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for AUCTIONUSDT with zero financial risk.
Trading Bounce Token (AUCTION) 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 AUCTIONUSDT, and review its live price ($3.635669) 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.