Band ProtocolBAND

An oracle network on its own Cosmos-based chain that delivers outside data to blockchain apps.

Rank #575Since September 2019

Price on 31 Oct 2026

C$0.2782 +30.5% since 31 Jul 2026 · 99.0% below its all-time high

The short version

Band Protocol runs BandChain, a Cosmos-based chain whose validators stake BAND to fetch and relay outside data, such as prices, to apps on many blockchains. It was founded by Soravis Srinawakoon, Sorawit Suriyakarn and Paul Nattapatsiri and first sold in a public token sale in September 2019. Data requests cost under US$0.01 each, and feeds for US stocks were added in July 2026. On 31 Oct 2026 one BAND cost C$0.2782. From 31 Jul 2026 to 31 Oct 2026 its price changed +30.5% in Canadian dollars, and it was 99.0% below its all-time high of C$28.53 set on 15 Apr 2021.^[1]

Checked 31 Oct 2026 · 12 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.7427 (2 Nov 2025) · low C$0.1976 (1 Jul 2026) · -60.6%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$0.2787	US$0.1996
30 Sep 2026	C$0.3116	US$0.2189
31 Aug 2026	C$0.2392	US$0.1725
31 Jul 2026	C$0.2110	US$0.1504
30 Jun 2026	C$0.2049	US$0.1442
31 May 2026	C$0.2768	US$0.2006
30 Apr 2026	C$0.2980	US$0.2194
31 Mar 2026	C$0.2769	US$0.1992
28 Feb 2026	C$0.2848	US$0.2082
31 Jan 2026	C$0.3570	US$0.2646
31 Dec 2025	C$0.4543	US$0.3317
30 Nov 2025	C$0.5281	US$0.3765

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$0.2782^[1]
3-month change: +30.5% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 99.0% below its high of C$28.53 (15 Apr 2021)^[1]
Market rank: #575, market value about C$51.3M^[1]
Kind: Native coin · BandChain (its own Cosmos SDK network); ERC-20 version on Ethereum
Started: September 2019

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoEthereum contract has had no minter since 9 Sep 2019; BandChain issues staking rewards by protocol^{[2, 3, 4]}

Can anyone freeze or take coins from holders?NoEthereum burn-from function needs a minter, and none exists since 2019^{[2, 3]}

Can the token's contract code be changed?Not applicableRuns on its own blockchain; its rules change only through network upgrades

Is the supply capped?NoNo maximum; staking rewards add new BAND on BandChain^{[5, 4]}

Any scheduled unlocks in the next 12 months?NoLaunch allocations fully unlocked; staking rewards are not unlocks^[6]

Does a team or foundation hold over 10% of supply?Not disclosedFoundation (22%) and team (20%) allocations vested; current holdings not published^[6]

Do network fees reach coin holders?YesStakers and delegators receive a share of data-request fees^[4]

Main network hacked or halted in the past 2 years?NoNo Band entry in DefiLlama's hacks list^[7]

Is a regulator or court case targeting the coin itself?NoNo live regulator or court case found^[8]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Founders: Soravis Srinawakoon (CEO), Sorawit Suriyakarn (CTO) and Paul Nattapatsiri^[9]
Backers: Sequoia India (now Peak XV) led; Binance Labs, Spartan and Dunamu joined; US$10.85M raised 2018-2019^[6]
Ethereum contract: Its only minter gave up the role on 9 Sep 2019; no minter remains^{[3, 2]}

Supply

In circulation: 184.76M BAND^[1]
Maximum supply: None set^[1]
Issuance: 100M BAND at launch; about 184M exist now through BandChain staking rewards^{[6, 5]}
Allocation: Ecosystem 25.63%, foundation 22%, team 20%, token sales 27.37%, advisors 5%^[6]
Unlocks: None; launch allocations are fully unlocked^[6]

Use and fees

Main use: Paying for data requests, staking to secure BandChain, and governance votes^[4]
Fees: Not tracked by DefiLlama; requests cost under US$0.01 each^{[10, 8]}
Who gets fees: Validators and delegators earn staking rewards and a share of request fees^[4]

Trading

Daily trading: About C$3.1M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 4.85% of its market value changes hands each day^[1]
20-week average: 8.5% above its 20-week average price^[1]
1-year change: -60.3% in C$^[1]^[11]

History

Not a forecast

Coins ranked 201-500 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 8,067 cases, 1,187 coins (this coin ranks below 500, so the nearest group is shown)

33% were higher a year later^[12]

Typical result: Median -38% after a year; 33% higher after two years
Lost half or more: 44% within a year
Against Bitcoin: 11% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

No red flags found

Band launched on-chain price feeds for US stocks such as Apple, Tesla and Nvidia on 4 Jul 2026.^[8]
On 1 Nov 2026 GoPlus flagged the Ethereum BAND contract as mintable; on-chain logs show its only minter gave up the role in 2019.^{[3, 2]}

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.