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KNC Price
$0.64472
+2.48%
24H Price Chart
Market Cap
$106.31M
24H Volume
$17.31M
Circ Supply
164.89M

Source: KNCUSD Chart by TradingView

KNC Market Stats
  • Price $0.64472
  • 1H Change -1.82%
  • 24H Change +2.48%
  • 7 Day Change +11.55%
  • 30 Day Change -29.45%
  • 1 Year Change -68.59%
  • All-Time High $6.00100
  • % From ATH -89.25%
  • ATH Date Jan 9, 2018
KNC Explorer

Kyber Network Background

Kyber Network is a hub of liquidity protocols that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp). The main goal of Kyber Network is to enable DeFi DApps, decentralized exchanges (DEXs) and other users easy access to liquidity pools that provide the best rates.

All transactions on Kyber are on-chain, which means they can be easily verified using any Ethereum block explorer. Projects can build on top of Kyber to utilize all the services offered by the protocol, such as the instant settlement of tokens, liquidity aggregation, and a customizable business model.

Kyber looks to solve the liquidity issue in the decentralized finance (DeFi) industry by allowing developers to build products and services without having to worry about liquidity for different needs.

The Kyber Network Crystal (KNC) token is a utility token that is the “glue that connects different stakeholders in Kyber’s ecosystem.” KNC holders can stake their tokens in the KyberDAO to help govern the platform and vote on important proposals — and earn staking rewards in Ethereum (ETH) that come from trading fees.

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