24 hour low
$0.673
24 hour high
$0.711
Market cap ranking
#337
Market cap
$111.89M
24 hour volume
$8.21M
Circulating supply
163.96M
Total supply
0
The current price of Band Protocol is $0.682, with a 24-hour trading volume of $8,209,795.15. In the last 24 hours, the price of Band Protocol decreased by −2.98%. With a circulating supply of 163,962,478.055 BAND Band Protocol's market cap stands at $111,891,507.72. Currently, Band Protocol ranks #337 by market cap.
BAND is a cryptocurrency that powers the Band Protocol, a decentralised oracle platform that aims to connect smart contracts with off-chain data sources. Its goal is to provide reliable and secure access to external data to support the development of decentralised applications (dApps). The Band Protocol enables developers to create custom-made decentralised oracles without having to rely on a centralised oracle provider. The project is based on the Cosmos SDK and uses delegated proof-of-stake (DPoS) as its consensus mechanism. The BAND token is used for staking, transaction fees, and governance on the Band Protocol.