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FIDA Price
$0.04745
+1.69%
Market Cap
$47.02M
24H Volume
$3.49M
Circ Supply
990.91M
  • Price $0.04745
  • 1H Change -1%
  • 24H Change +1.69%
  • 7 Day Change -13.88%
  • 30 Day Change -12.21%
  • 1 Year Change -2.91%
  • All-Time High $0.71280
  • % From ATH -70.26%
  • ATH Date Mar 16, 2024

Bonfida (aka SNS) Info

Bonfida, also known as the Solana Name Service (SNS), is widely recognized as one of the top infrastructure developers on the Solana blockchain. The team has earned this reputation through consistent delivery of critical tools, protocols, and services that empower developers, traders, and end users across the network.

Driving Innovation in Solana’s Core Systems

Bonfida’s portfolio includes several landmark contributions to the Solana ecosystem:

  • Asset Agnostic Orderbook (AOB) – A new Serum Core engine designed to support trading of any asset class, enhancing flexibility and execution efficiency on Solana’s decentralized exchanges.
  • Solana Name Service (SNS) – Simplifies wallet interactions by replacing long alphanumeric addresses with human-readable names, improving usability and accessibility for the average user.
  • Audaces Perpetual Swaps – The first perpetual swap protocol built on Solana, bringing advanced derivatives trading to the network.

What is Bonfida?

Bonfida is a development-focused organization that blends deep technical expertise in blockchain engineering, analytics, and cryptocurrency trading infrastructure. It has become a cornerstone of Solana’s growth by producing tools that improve performance, transparency, and user experience on the network.

One of its flagship initiatives, the Solana Name Service, enables secure and pseudo-anonymous digital identities on-chain. Bonfida also offers a specialized Software Development Kit (SDK) for developers building domain name functionality into decentralized applications, underscoring its commitment to fostering innovation in the Solana ecosystem.

Liquidity, Trading, and Beyond

Beyond identity and domain services, Bonfida has played a pivotal role in strengthening Solana’s decentralized trading infrastructure. The introduction of the Asset Agnostic Orderbook allows for seamless integration of multiple asset types into the same trading framework. Meanwhile, Audaces delivers a professional-grade derivatives trading experience, giving Solana users access to perpetual swap markets without leaving the network.

The FIDA Token

Bonfida’s native token, $FIDA, is integral to its ecosystem. With a maximum supply of 1 billion tokens and listings on top-tier exchanges, $FIDA is used for governance, utility, and potentially as a means to access premium features across Bonfida’s suite of products. The token’s adoption reflects community confidence in Bonfida’s long-term roadmap and ongoing contributions to Solana.

Vision and Roadmap

Bonfida’s mission is clear: to deliver products and services that enhance the performance, utility, and overall experience of the Solana blockchain. By focusing on tools that make Solana more usable, efficient, and developer-friendly, Bonfida is shaping the ecosystem’s growth while setting a high standard for blockchain infrastructure projects.

“Our goal is to enhance the Solana blockchain for all its users, from developers to traders, with practical tools that improve both performance and experience.” – Bonfida Team

Final Considerations

As with any cryptocurrency project, potential users and investors should conduct thorough due diligence before engaging with $FIDA or related Bonfida products. The blockchain space remains dynamic and rapidly evolving, and while Bonfida has a proven track record, ongoing developments may shift the project’s direction or scope.

Bonfida (aka SNS) Social Profiles

Bonfida (aka SNS) Technical Info

Bonfida (aka SNS) Exchanges

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