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$693.61
-0.20% 24h24h high
$701.09
24h low
$678.49
All-time high
$1,369.99
From ATH
-49.37%
Market cap
$92.36B
24h volume
$1.12B
Circulating supply
133,163,051.08 BNB
Total supply
133,163,048.43 BNB
Max supply
200,000,000 BNB
Price change 7d / 30d / 1y
+14.35% · +22.64% · -21.93%
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
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