Last updated：--
View ChartBancor (BNT) is a decentralized finance (DeFi) protocol that enables onchain trading and liquidity through a network of smart contracts. Launched in 2017 on the Ethereum platform, Bancor is recognized as one of the first decentralized trading protocols and a pioneer of the automated market maker (AMM) model. The protocol allows users to trade cryptocurrencies and earn rewards without relying on a traditional order book or matching buyers with sellers. Bancor's ecosystem includes its flagship product Carbon DeFi, a decentralized trading protocol supporting custom onchain limit orders and range orders, as well as Arb Fast Lane, an open-source arbitrage protocol designed to maintain price parity across major DEXs. The native token, BNT, is an ERC-20 utility token used for liquidity provision, staking, and governance within the Bancor DAO. BNT has a maximum supply of approximately 110.54 million tokens, with circulating supply figures varying by source. Bancor operates across multiple blockchains and continues to develop its onchain market infrastructure.
Bancor was co-founded by Eyal Hertzog and Israeli siblings Guy Benartzi and Galia Benartzi. The Bancor Network was founded in 2016 by Guy and Galia Benartzi, with the project officially co-founded in June 2017. Both Guy and Galia Benartzi remain active with the project. Notable investor Tim Draper, a partner in Draper Associates, is a BNT holder and is listed alongside Bancor's founding team as one of the startup's shareholders. Bancor is also listed as a portfolio company of Draper.vc. The project's initial coin offering (ICO) raised US$153 million in just three hours, making it one of the largest fundraising campaigns in the blockchain industry at the time.
Bancor operates as a network of smart contracts that function as liquidity pools, performing algorithmic token trades against pooled onchain liquidity. The protocol leverages an automated market maker (AMM) smart contract to support token trades without matching buyers and sellers, executing orders using onchain liquidity pools rather than a central order book. Liquidity on Bancor is provided by thousands of unaffiliated users who each receive a share of trading fees, rather than relying on a small handful of professional market-makers. Users can provide a single token to pools through Single-Sided Staking, and the protocol offers 100% impermanent loss protection. BNT functions as the intermediary token connecting pools across the network and blockchains. Carbon DeFi, Bancor's flagship product, allows users to perform automated trading strategies using custom onchain limit orders and range orders, with features such as concentrated liquidity, rotating linked orders, adjustable positions, custom spread and fee tiers, and resistance to MEV sandwich attacks. Carbon orders are irreversible on execution and easily adjustable directly onchain.
Bancor stands out for its history of innovation in the DeFi space. It was the first decentralized trading protocol and one of the first DEXs to employ an AMM for exchanging Ethereum-based tokens. The protocol introduced Smart Tokens in 2017, Amplified Liquidity in 2020, Asymmetric Liquidity DEX and Adjustable Bonding Curves in 2022, and the Arb Fast Lane Protocol in 2023. Bancor's Single-Sided Staking and 100% impermanent loss protection offer liquidity providers a simplified and protected way to participate. Carbon DeFi provides orderbook-like features with zero trading fees and zero gas fees for makers when orders are filled, along with a strategy simulator that allows backtesting against up to 365 days of historical market data. The protocol's MEV sandwich attack resistance gives users greater control over their trading strategies. All Bancor ecosystem protocols are governed by the BancorDAO via staked BNT, giving token holders a voice in the platform's direction.
BNT is an ERC-20 utility token that allows traders to provide liquidity for the pools available on the Bancor network. It acts as the common price token for performing trades and functions as the intermediary token connecting pools in the network and across blockchains. Most liquidity pools on the Bancor Protocol hold BNT in reserve alongside the supplied token. BNT can be staked for rewards, grants voting rights in the Bancor DAO, and facilitates trades. Holders of BNT and other tokens on the Bancor Network can instantly convert their tokens. Bancor serves several target user segments, including blockchains, market makers, token projects, traders, liquidity providers, DEX builders, and liquidators. Traders use Bancor for automated trading with zero slippage and immunity to MEV sandwich attacks, while token projects use it to establish price discovery and manage token liquidity.
The Bancor ecosystem is built around several core products. Carbon DeFi serves as the flagship decentralized trading protocol, supporting Ethereum, Sei, Celo, Coti, Tac, Base, Mantle, Berachain, and Sonic blockchains. Arb Fast Lane is an open-source arbitrage protocol that maintains chainwide price parity across major DEXs on Ethereum, Sei, Celo, Coti, Tac, Base, Sonic, Fantom, Berachain, Linea, and Blast. The Simulator tool allows strategy backtesting on Ethereum, Sei, Celo, Coti, and Tac. The original Bancor AMM remains part of the ecosystem. The Bancor DAO became operational at the end of 2020, enabling BNT holders to propose and vote on protocol updates and governance issues. In April 2021, Bancor deployed an update on Ethereum to put deflationary pressure on BNT tokens, and the Bancor Vortex ($vBNT) burn program was introduced to use five percent of swap fees to burn vBNT. The team also established an inflationary scheme to reward liquidity pools, oracles, and developers based on community voting.
BNT is not mined through traditional proof-of-work mechanisms. Instead, BNT can be acquired through trading or earned by participating in the Bancor ecosystem. Users can provide liquidity to Bancor pools through Single-Sided Staking, which allows them to deposit a single token and receive a share of trading fees while benefiting from 100% impermanent loss protection. BNT can be staked for rewards and grants voting rights in the Bancor DAO. Carbon DeFi makers can create automated trading strategies without paying trading or gas fees when orders are filled, though they pay network gas fees when creating, managing, or deleting a strategy. The protocol's auto-compounding feature allows liquidity providers to automatically compound their profits. Bancor also introduced an inflationary scheme that rewards liquidity pools, oracles, and developers based on community voting.
Keeping BNT safe requires following standard cryptocurrency security practices. Store BNT in a reputable wallet that supports ERC-20 tokens, such as a hardware wallet for long-term holdings or a trusted software wallet for active trading. Always verify contract addresses and official website URLs before interacting with any platform, and be cautious of phishing attempts that mimic legitimate DeFi interfaces. Since Bancor operates through smart contracts, users should review the risks associated with onchain transactions, including impermanent loss, smart contract vulnerabilities, and network gas fees. The July 2018 security breach, in which an attacker stole 25,000 ETH, 2.5 million BNT, and 230 million NPXS tokens, highlighted the importance of security and led Bancor to decentralize its governance by transferring control to a DAO. Never share private keys or seed phrases, and consider using hardware wallets for significant holdings. Enable two-factor authentication where available and stay informed about protocol updates through official channels.
Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
Choose Bancor products that suit your trading style
BNTUSDTZero 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 Bancor (BNT) is $0.350012. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated BNT to USD rate at the top of BTCC’s price page. In terms of market scope, Bancor records a 24h trading volume of $2.078486M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $35.262934M. Its current circulating supply stands at 101.48M out of a maximum supply cap of ∞.
The price volatility of Bancor (BNT) 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 (101.48M) 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, Bancor (BNT) hit an all-time high (ATH) of $23.731001 on 2017-06-19 07:00, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.117415 on 2020-03-13 02:20. 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 BNT 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 ($2.078486M), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s BNTUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Bancor, simply log into your BTCC account with USDT margin available, navigate to the BNTUSDT 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 BNTUSDT 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: $0.350012), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for BNTUSDT with zero financial risk.
Trading Bancor (BNT) 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 BNTUSDT, and review its live price ($0.350012) 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.
Bitcoin
Ethereum
Tether USDt
BNB
XRP
Solana
Dogecoin
Cardano
Avalanche
