Kyber Network (KNC) Price Index
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MarketCap$ 22,667,656
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Volume$ 2,735,273
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Change1.89%
Kyber Network Crystal
Bitcoin
Mezo Wrapped BTC
Osmosis allBTC
NEAR Intents Bridged BTC
Bitcoin Base
Bitcoin Second Chance
Bitcoin AI
Bobby The Cat
batcat
Big Tom Coin
Bobby The CatEthereum
Bridged Ether (StarkGate)
Osmosis allETH
NEAR Intents Bridged ETH
Krown Bridged ETH (Krown)
Bridged Binance-Peg Ethereum (opBNB)
The Ticker Is ETHTether
Cronos Bridged USDT (Cronos)
opBNB Bridged USDT (opBNB)
ENI Bridged USDT (ENI)
Linea Bridged USDT (Linea)
Injective Bridged USDT (Injective)
L2 Standard Bridged USDT (Base)
Scroll Bridged USDT (Scroll)
KCC Bridged USDT (Kucoin Community Chain)
Polygon Hermez Bridged USDT (x Layer)
StarkGate Bridged USDT (StarkNet)
Pulsechain Bridged USDT (Pulsechain)
Morph L2 Bridged USDT (Morph L2)
Abstract Bridged USDT (Abstract)
Map Bridged USDT (Map)
xDai Bridged USDT (Gnosis)
Sophon Bridged USDT (Sophon)
Krown Bridged USDT (Krown)
Stargate Bridged USDT
Celer Bridged USDT (Conflux)
HashKey Bridged USDT (HashKey)
Osmosis allUSDT
Wormhole Bridged USDT (Kaia)
NEAR Intents Bridged USDT
CoreDAO Bridged USDT (Core)
Etherlink Bridged USDT (Etherlink)
Sonic Gateway Bridged USDT (Sonic)
Polygon Hermez Bridged USDT (Polygon zkEVM)
RainLink Bridged USDT (Xone)
TAC Bridged USDT (TAC)
Celer Bridged USDT (Astar)
Reddex Bridged USDT (Redbelly)
Thundercore Bridged USDT (Thundercore)
Lisk Bridged USDT (Lisk)
Unit Zero Network Bridged USDT (Unit Zero Network)
Symbiosis Bridged USDT (Bahamut)
Mode Bridged USDT (Mode)
Zircuit Bridged USDT (Zircuit)
BOB Network Bridged USDT (BOB Network)
Soneium Bridged USDT (Soneium)
Beam Bridged USDT (Beam)
ShimmerBridge Bridged USDT (ShimmerEVM)
Nova Merged USDT (zkLink)
Unichain Bridged USDT (Unichain)
Fuse Bridged USDT (Fuse)
Arken Bridged USDT (Viction)
Areum Bridged USDT (Areum Network)
Pundi AIFX Omnilayer Bridged USDT (Pundi AIFX Omnilayer)
Ficus Root Bridged USDT (Taraxa)USDC
Binance Bridged USDC (BNB Smart Chain)
StarkGate Bridged USDC (Starknet)
Cronos Bridged USDC (Cronos)
Linea Bridged USDC (Linea)
Bridged USD Coin (Scroll)
zkSync Bridged USDC (zkSync)
Mantle Bridged USDC (Mantle)
Gnosis xDAI Bridged USDC (Gnosis)
Etherlink Bridged USDC (Etherlink)
CCIP Bridged USDC (Ronin)
Bridged USD Coin (PulseChain)
Polygon Hermez Bridged USDC (X Layer)
SX Rollup Bridged USDC (SX Rollup)
Initia Bridged USDC (Initia)
NEAR Intents Bridged USDC
LayerZero Bridged USDC (Aptos)
Wanchain Bridged USDC (Cardano)
Multichain Bridged USDC (Fantom)
Celer Bridged USDC (Astar)
Bridged USDC (Immutable zkEVM)
Rainbow Bridged USDC (Aurora)
Rollux Bridged USDC (Rollux)
Cronos zkEVM Bridged USDC (Cronos zkEVM)
Sophon Bridged USDC (Sophon)
Taiko Bridged USDC (Taiko)
Bridged USD Coin (Manta Pacific)
KCC Bridged USDC (KuCoin Community Chain)
Squid Bridged USDC (Saga)
Polygon Hermez Bridged USDC (Polygon zkEVM)
Morph L2 Bridged USDC (Morph L2)
Celer Bridged USDC (Conflux)
Eclipse Bridged USDC (Eclipse)
Bifrost Bridged USDC (Bifrost)
Beam Bridged USDC (Beam)
Synapse Bridged USDC (Elastos)
Mode Bridged USDC (Mode)
CoreDAO Bridged USDC (Core)
Zero Network Bridged USDC (Zero Network)
Mantra Bridged USDC (Mantra)
Arbitrum Bridged USDC (Arbitrum Nova)
Hyperlane Bridged USDC (Mantra EVM)
Nomad Bridged USDC (Moonbeam)
Bridged USD Coin (Force Bridge)
Skale IMA Bridged USDC (Skale)
Celer Bridged USDC (Filecoin)
Symbiosis Bridged USDC (Bahamut)
Arbitrum Bridged USDC (EDU Chain)
Wormhole Bridged USDC (Fantom)
Thundercore Bridged USDC (Thundercore)
zkLink Nova Merged Bridged USDC (zkLink Nova)
Fraxtal Bridged USDC (Fraxtal)
Shido Bridged USDC (Shido)
Chainport Bridged USDC (Humanode)
Superseed Bridged USDC (Superseed)
Q Bridged USDC (Q Mainnet)
Sanko Bridged USDC (Sanko)
Energi Bridged USDC (Energi)
Celer Bridged USDC (Oasys)
Multichain Bridged USDC (Moonbeam)
Multichain Bridged USDC (Dogechain)Cardano
Binance-Peg Cardano
Binance-Peg BUSDBUSD
Updated on Dec 27, 2023
What is the Kyber Network (KNC)?
The Kyber Network Crystal v2 (KNC) is the ERC-20 token of the Kyber Network. This blockchain protocol enables the exchange of tokens without an intermediary and provides crypto liquidity for DeFi applications. Kyber Network has integrations with over 100 DeFi applications and has its decentralized exchange, KyberSwap.
The Kyber network was founded in 2017 by Loi Luu, Victor Tran, and Yaron Velner. The project raised $50 million in funding in the KNC initial coin offering (ICO). The Ethereum-based protocol launched in February 2018.
What Makes the Kyber (KNC) Coin Unique?
The Kyber network focuses on building an alternative to exchanges where users can buy and sell cryptocurrencies. Instead of using an order book, like other exchanges, the Kyber network relies on liquidity pools, making trades instantaneous. Providers of liquidity to the Kyber Reserve earn rewards.
The Kyber network has three key components: a decentralized exchange protocol, an application programming interface (API) for asset conversions, and the Kyber Network Crystal (KNC) token, used for governance and to facilitate the network’s operation.
KyberSwap, the exchange, is powered by code, the network of users, and the Ethereum blockchain rather than being centrally operated. The Kyber network protocol is governed by its KyberDAO, a decentralized autonomous organization, and holders of KNC vote on proposals and changes. The Kyber network is built on Ethereum but deployed on 12 Ethereum Virtual Machine (EVM) compatible chains, including Polygon, BNB Chain, and Avalanche.
Users can trade crypto assets on the exchange without a central order book or exchange operator. Conversion rates for listed assets are built into the protocol. Users pay Ether (ETH) fees for trades settled on the Ethereum blockchain.
What Is the Kyber Network (KNC) Used for?
Kyber Network Crystal (KNC) is used to pay network fees and to enable voting on proposals, policies, and updates to the Kyber Network protocol. KNC holders can stake their coins to vote or delegate tokens to validators to earn rewards paid in ETH.
KNC can also be bought, sold, and traded as an asset on centralized and decentralized cryptocurrency exchanges.
How Does Kyber Network Work?
When a user wants to trade on the Kyber network, the protocol searches for available reserves and the best rate offered.
The network’s components are smart contracts, which enable operations; reserves that provide liquidity; and “takers” who execute trades such as dApps, vendors, and wallets. The protocol has three types of reserves that enable “takers” to convert tokens instantly at the most competitive price. These reserves are Price Feed Reserves (PFR), an alternative to market makers; automated Price Reserves (APR), which use smart contracts to serve liquidity; and Bridge Reserves, which access other decentralized exchanges for liquidity. By using other decentralized exchanges, KyberSwap is an aggregator.
Exchange fees, collected in ETH, go to the reserves based on the amount of liquidity provided. Liquidity providers can also earn rewards through KyberSwap’s liquidity mining farms.
How Is the Price of Kyber (KNC) Determined?
The KNC price is influenced by supply and demand, the use of the Kyber Network and KyberSwap, and wider market factors. The launch supply of KNC was 215 million tokens, but this will decrease because network fees, which are paid in KNC, are burned over time to reduce KNC supply by the network’s deflationary model.
What Is the Kyber Network Coin Price Prediction for 2030?
Although cryptocurrency prices are notoriously difficult to predict, many Kyber coin price predictions exist for 2030. CoinCodex believes this token can reach between $0.32 and $3.91 in 2030. Binance, in contrast, expects KNC price to reach over $1.00 by 2030.
How Is the Kyber Network (KNC)Network Secured?
Ultimately, the Ethereum blockchain secures Kyber network transactions with the ERC-20 token KNC. The Kyber network has security measures at protocol and smart contract levels.
Where Can You Buy Kyber Network?
Kyber Network Crystal v2 (KNC) can be bought, sold, and traded on major cryptocurrency exchanges, including Coinbase, Binance, Kraken, and HTX. It is also available on KyberSwap and other decentralized exchanges.
How Can You Store Kyber Network (KNC)?
KNC coins can be stored in an exchange wallet, a compatible hot wallet such as Trust Wallet, or a hardware wallet such as a Ledger or Trezor device.
FAQs
Is KNC coin a good investment?
Based on their research, investors will decide whether Kyber Network Crystal (KNC) is a good investment. Cryptocurrencies are unregulated and incredibly volatile, and the KyberSwap exchange has already been hacked. Yet, KNC has shown strong potential, and many analysts are bullish about the project and the coin’s future. Even so, the volatility and unregulated nature of the market means no cryptocurrency’s future is a sure thing.
Who owns KNC crypto?
Kyber Network was founded in Singapore in 2017 by Loi Luu, Victor Tran, and Yaron Velner. The community governs the protocol and exchange through a DAO.
Which country made the Kyber Network?
The Kyber network is based in Singapore and governed by a decentralized autonomous organization (DAO) rather than being centrally controlled.
How much will Kyber Network cost in 2030?
Cryptocurrency prices are almost impossible to predict. However, there are plenty of Kyber coin price predictions for 2030. CoinCodex expects KNC price to be between $0.32 and $3.91 in 2030. Binance expects the token price to reach over $1.00.
What is the maximum supply of KNC coins?
The launch supply of KNC was 215 million tokens, but this will decrease because network fees, which are paid in KNC, are burned over time to reduce the KNC supply in the network’s deflationary model.
How many Kyber Network coins are there?
KNC was launched with 215 million tokens. The protocol has a deflationary model where network fees paid in KNC are burned over time to reduce supply.
Is KNC built on Ethereum?
Yes, the Kyber Network is built on Ethereum, and Kyber Network Crystal is an ERC-20 token.
Is Kyber Network a blockchain?
Yes, the Kyber Network is a blockchain protocol and decentralized exchange built on the Ethereum network. Ethereum Virtual Machine (EVM) makes Kyber Network compatible with other blockchains.
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BitcoinMezo Wrapped BTCOsmosis allBTCNEAR Intents Bridged BTCBitcoin BaseBitcoin Second ChanceBitcoin AIBobby The CatbatcatBig Tom CoinBobby The CatEthereumBridged Ether (StarkGate)Osmosis allETHNEAR Intents Bridged ETHKrown Bridged ETH (Krown)Bridged Binance-Peg Ethereum (opBNB)The Ticker Is ETHTetherCronos Bridged USDT (Cronos)opBNB Bridged USDT (opBNB)ENI Bridged USDT (ENI)Linea Bridged USDT (Linea)Injective Bridged USDT (Injective)L2 Standard Bridged USDT (Base)Scroll Bridged USDT (Scroll)KCC Bridged USDT (Kucoin Community Chain)Polygon Hermez Bridged USDT (x Layer)StarkGate Bridged USDT (StarkNet)Pulsechain Bridged USDT (Pulsechain)Morph L2 Bridged USDT (Morph L2)Abstract Bridged USDT (Abstract)Map Bridged USDT (Map)xDai Bridged USDT (Gnosis)Sophon Bridged USDT (Sophon)Krown Bridged USDT (Krown)Stargate Bridged USDTCeler Bridged USDT (Conflux)HashKey Bridged USDT (HashKey)Osmosis allUSDTWormhole Bridged USDT (Kaia)NEAR Intents Bridged USDTCoreDAO Bridged USDT (Core)Etherlink Bridged USDT (Etherlink)Sonic Gateway Bridged USDT (Sonic)Polygon Hermez Bridged USDT (Polygon zkEVM)RainLink Bridged USDT (Xone)TAC Bridged USDT (TAC)Celer Bridged USDT (Astar)Reddex Bridged USDT (Redbelly)Thundercore Bridged USDT (Thundercore)Lisk Bridged USDT (Lisk)Unit Zero Network Bridged USDT (Unit Zero Network)Symbiosis Bridged USDT (Bahamut)Mode Bridged USDT (Mode)Zircuit Bridged USDT (Zircuit)BOB Network Bridged USDT (BOB Network)Soneium Bridged USDT (Soneium)Beam Bridged USDT (Beam)ShimmerBridge Bridged USDT (ShimmerEVM)Nova Merged USDT (zkLink)Unichain Bridged USDT (Unichain)Fuse Bridged USDT (Fuse)Arken Bridged USDT (Viction)Areum Bridged USDT (Areum Network)Pundi AIFX Omnilayer Bridged USDT (Pundi AIFX Omnilayer)Ficus Root Bridged USDT (Taraxa)USDCBinance Bridged USDC (BNB Smart Chain)StarkGate Bridged USDC (Starknet)Cronos Bridged USDC (Cronos)Linea Bridged USDC (Linea)Bridged USD Coin (Scroll)zkSync Bridged USDC (zkSync)Mantle Bridged USDC (Mantle)Gnosis xDAI Bridged USDC (Gnosis)Etherlink Bridged USDC (Etherlink)CCIP Bridged USDC (Ronin)Bridged USD Coin (PulseChain)Polygon Hermez Bridged USDC (X Layer)SX Rollup Bridged USDC (SX Rollup)Initia Bridged USDC (Initia)NEAR Intents Bridged USDCLayerZero Bridged USDC (Aptos)Wanchain Bridged USDC (Cardano)Multichain Bridged USDC (Fantom)Celer Bridged USDC (Astar)Bridged USDC (Immutable zkEVM)Rainbow Bridged USDC (Aurora)Rollux Bridged USDC (Rollux)Cronos zkEVM Bridged USDC (Cronos zkEVM)Sophon Bridged USDC (Sophon)Taiko Bridged USDC (Taiko)Bridged USD Coin (Manta Pacific)KCC Bridged USDC (KuCoin Community Chain)Squid Bridged USDC (Saga)Polygon Hermez Bridged USDC (Polygon zkEVM)Morph L2 Bridged USDC (Morph L2)Celer Bridged USDC (Conflux)Eclipse Bridged USDC (Eclipse)Bifrost Bridged USDC (Bifrost)Beam Bridged USDC (Beam)Synapse Bridged USDC (Elastos)Mode Bridged USDC (Mode)CoreDAO Bridged USDC (Core)Zero Network Bridged USDC (Zero Network)Mantra Bridged USDC (Mantra)Arbitrum Bridged USDC (Arbitrum Nova)Hyperlane Bridged USDC (Mantra EVM)Nomad Bridged USDC (Moonbeam)Bridged USD Coin (Force Bridge)Skale IMA Bridged USDC (Skale)Celer Bridged USDC (Filecoin)Symbiosis Bridged USDC (Bahamut)Arbitrum Bridged USDC (EDU Chain)Wormhole Bridged USDC (Fantom)Thundercore Bridged USDC (Thundercore)zkLink Nova Merged Bridged USDC (zkLink Nova)Fraxtal Bridged USDC (Fraxtal)Shido Bridged USDC (Shido)Chainport Bridged USDC (Humanode)Superseed Bridged USDC (Superseed)Q Bridged USDC (Q Mainnet)Sanko Bridged USDC (Sanko)Energi Bridged USDC (Energi)Celer Bridged USDC (Oasys)Multichain Bridged USDC (Moonbeam)Multichain Bridged USDC (Dogechain)CardanoBinance-Peg CardanoBinance-Peg BUSDBUSD