BNB
BNB#4
Price chart · 7D
- 7D high
- $760.01
- 7D low
- $694.68
7D price · data to 01:51 UTC.
Market Cap
$92.01B
24h Volume
$826.79M
FDV
$92.01B
Circulating
131.51M BNB
Total Supply
131.51M BNB
Rank
#4
BLOCKINSIDERLoading7D price · data to 01:51 UTC.
| Exchange | Pair | 24h Volume | Spread | Trust | |
|---|---|---|---|---|---|
| CoinUp.io | BNB/USDT | $184.34M | 0.01% | TRADE | |
| Azbit | BNB/USDC | $97.35M | 0.01% | TRADE | |
| Binance | BNB/USDT | $81.62M | 0.01% | TRADE | |
| Azbit | BNB/USDT | $70.99M | 0.01% | TRADE | |
| BTCC | BNB/USDT | $40.81M | 0.01% | TRADE | |
| GroveX | BNB/USDT | $39.81M | 0.01% | TRADE | |
| Toobit | BNB/USDT | $31.00M | 0.01% | TRADE | |
| XT.COM | BNB/USDT | $29.64M | 0.01% | TRADE | |
| FameEX | BNB/USDT | $28.69M | 0.01% | TRADE | |
| CoinW | BNB/USDT | $27.05M | 0.03% | TRADE | |
| KuCoin | BNB/USDT | $25.14M | 0.01% | TRADE | |
| Tapbit | BNB/USDT | $23.74M | 0.03% | TRADE | |
| Aivora Exchange | BNB/USDT | $23.66M | 0.01% | TRADE | |
| OrangeX | BNB/USDT | $21.87M | 0.01% | TRADE | |
| P2B | BNB/USDT | $19.46M | 0.01% | – |
Top 15 exchanges by 24h trading volume. Block Insider earns affiliate commission from some exchanges listed here. Placement does not affect editorial.
BNB is the native utility token of the BNB Chain ecosystem, acting as a multi-chain asset that powers decentralized applications and facilitates value exchange across its network. It serves as the primary asset for paying transaction gas and smart contract deployment fees while providing users with tiered fee discounts on the Binance exchange.
The project’s main value proposition lies in its unified multi-chain architecture, which integrates a smart contract platform, a Layer 2 scaling solution, and a decentralized data storage network into a cohesive settlement and data availability layer.
The network operates on a Proof of Staked Authority consensus mechanism, utilizing a group of 21 active validators known as the Cabinet to verify transactions and produce blocks every 3 seconds. Validators are elected daily based on the amount of BNB staked or delegated to them, and the system employs fast finality and slashing penalties to maintain security and integrity.
To manage its long-term economy, the project uses a programmatic dual-burn strategy that permanently removes tokens through real-time fee destruction and quarterly buybacks. Launched in 2017 by the Binance platform, the project initially distributed 50% of its 200 million token supply to the public, while the founding team received 40% and angel investors were allocated 10%.
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