Kyber Network
KNCWhat is The CoinDesk 20?
The CoinDesk 20 filters from the larger universe of thousands of cryptocurrencies and digital assets to define a core group of 20.
These assets constitute roughly 99% of the market by volume at eight of the largest and most trustworthy exchanges.
Price
$1.36
24 Hour % Change
-5.40%
Market Cap
$285.89M
Volume (24h)
$108.10M
USD
Linear
Log
to
Key metrics
24 Hour Low
$1.32
24 Hour High
$1.45
Net change
$-0.077548
24 Hour Open
$1.44
All time high
$5.80
Total Supply
210.30M
Returns (24H)
-5.40%
Returns (YTD)
70.65%
Volatility (30d)
1.47
Transaction Count (24h)
1,377
Average Transaction Fee (24h)
n/a
Value Transacted (24h)
$14.72M
About Kyber Network
Category
Application token
Value proposition
Decentralized Finance
Kyber is an Ethereum-based decentralized exchange that focuses on aggregating liquidity and facilitating instant swaps for ether and ERC-20 tokens. After an initial coin offering (ICO) in 2017, the project was launched in early 2018. Kyber uses a diverse set of liquidity pools called “reserves.” While market markers, token projects, liquidity pools and token holders provide aggregated liquidity to the reserves, so-called takers such as decentralized applications, exchanges and wallets can access and trade the assets contained in the reserves.
Disclaimer
Any data, text or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or curation of CoinDesk content in all its forms.
Foundations - Consensus: Distributed
May 13, 2020
May 13, 2020
Bitcoin continues to appreciate in price as ether options interest wanes after a hot November.
Bitcoin’s price dipped below $18,000 for the third straight day while an increase in active Ethereum addresses is fundamentally positive.
Bitcoin fell below $18,000 Wednesday while DeFi closing in on $15 billion locked may have more to do with price than actual cryptocurrency parked there.
A bit of bitcoin price dumping occurred Monday while some investors dove back into DeFi with their ether.
Bitcoin’s price is in a tight range Thursday while some investors are moving into ether.
