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Rank #2177
HIBAYC hiBAYC
HIBAYC Price
$0.03228
-1.92% Market Cap
$160.68K
24H Volume
$60.27K
Circ Supply
4.98M
hiBAYC Info
hiBAYC is an NFTETF (Non-Fungible Token Exchange Traded Fund) token that is backed by the Bored Ape Yachet Club NFTs (Non-Fungible Tokens). One hiBAYC token represents 1/1,000,000 BAYC in an on-chain BAYC Meta-swap pool operating automatically on the Fracton Protocol’s smart contracts. No one has the authority to control them, and it’s also permissionless for users to redeem BAYC NFTs from hiBAYC tokens with only a 0.6% redemption fee.
hiBAYC is an Ethereum-based, ERC-20-compatible token. As such, it is secured by Ethereum’s state machine.
All images, branding and wording is copyright of hiBAYC. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap and TradingView.