CoinIvy

Market weather: green · Bitcoin above its 20-week average (31 Oct 2026)

Bancor NetworkBNT

The token of Bancor, the first on-chain automated exchange, now focused on Carbon DeFi limit orders.

Rank #686Since June 2017
Price on 31 Oct 2026
C$0.4051 +9.7% since 31 Jul 2026 · 97.0% below its all-time high

The short version

Bancor launched the first on-chain automated market maker in Jun 2017 after a US$153M token sale. Its team now focuses on Carbon DeFi, an on-chain limit and range order exchange, and the Arb Fast Lane. Protocol fees fund BNT burns through the Vortex contracts, and in May 2025 Bancor sued Uniswap Labs for patent infringement. On 31 Oct 2026 one BNT cost C$0.4051. From 31 Jul 2026 to 31 Oct 2026 its price changed +9.7% in Canadian dollars, and it was 97.0% below its all-time high of C$13.36 set on 8 Jan 2018.[1]

Checked 31 Oct 2026 · 13 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.8209 (2 Nov 2025) · low C$0.3496 (1 Jul 2026) · -49.7%[1]

Month-end prices (table)
DateC$US$
31 Oct 2026C$0.4056US$0.2905
30 Sep 2026C$0.4987US$0.3503
31 Aug 2026C$0.4299US$0.3101
31 Jul 2026C$0.3796US$0.2706
30 Jun 2026C$0.3588US$0.2526
31 May 2026C$0.4505US$0.3265
30 Apr 2026C$0.4170US$0.3071
31 Mar 2026C$0.3858US$0.2775
28 Feb 2026C$0.4305US$0.3148
31 Jan 2026C$0.5419US$0.4017
31 Dec 2025C$0.5552US$0.4054
30 Nov 2025C$0.6285US$0.4481

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$0.4051[1]
3-month change
+9.7% in C$ (31 Jul 2026 to 31 Oct 2026)[1]
From its high
97.0% below its high of C$13.36 (8 Jan 2018)[1]
Market rank
#686, market value about C$40.0M[1]
Kind
Token · Ethereum (ERC-20)
Started
June 2017

Checks: the same 9 questions for every coin

Facts, not a rating
Can an admin key create new coins?YesA 2-of-4 multisig supervises the owner contract and can grant mint rights[2]
Can anyone freeze or take coins from holders?NoThe owner contract has no function to disable transfers or burn others' BNT[2, 3]
Can the token's contract code be changed?NoFixed contract code on Ethereum, not a proxy[4]
Is the supply capped?NoNo maximum; supply is elastic and the owner contract can mint[4, 5]
Any scheduled unlocks in the next 12 months?NoNo vesting or scheduled unlocks; all BNT circulating[6]
Does a team or foundation hold over 10% of supply?Not disclosedLaunch allocation and foundation holdings are not published[7]
Do network fees reach coin holders?YesFees fund BNT burns via the Vortex: US$19.5K in the past year[5, 8]
Main network hacked or halted in the past 2 years?NoLast exploits were Jul 2018 (US$23.5M) and Jun 2020 (US$0.55M)[9]
Is a regulator or court case targeting the coin itself?NoOnly a private patent suit Bancor filed; no regulator case found[10]

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

Who controls it

Project lead
Mark Richardson[10]
Admin key
Owner contract lets a 2-of-4 multisig grant mint rights; it has no function to turn transfers off[2, 3]
Lawsuit
Bancor's patent suit against Uniswap Labs, filed May 2025, is pending[10]

Supply

In circulation
98.80M BNT of a 110.54M maximum (89.4%)[1]
Supply
98.80M BNT on chain (1 Nov 2026); CoinMarketCap lists 101.48M, all circulating[4, 6]
Design
No fixed maximum: the owner contract can mint, and protocol fees fund burns through the Vortex[4, 5, 11]
Unlocks
No vesting or scheduled unlocks[6]

Use and fees

Products
Carbon DeFi limit and range orders, Arb Fast Lane, legacy v2.1 and v3 pools[7, 10]
Fees
US$356K of fees in the past year; US$19.5K went to BNT burns[8]
Deposits
US$23.5M (DefiLlama, 31 Oct 2026)[8]

Trading

Daily trading
About C$2.5M a day on average, 31 Jul 2026 to 31 Oct 2026[1]
Daily turnover
Typically 5.20% of its market value changes hands each day[1]
20-week average
2.0% below its 20-week average price[1]
1-year change
-49.8% in C$[1][12]

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[13]

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

1 red flag found
  • Red flag: A 2-of-4 multisig supervises BNT's owner contract and can grant itself or others the right to mint BNT; four protocol contracts hold that right now.[2]
  • Bancor's May 2025 patent suit against Uniswap Labs over the constant-product exchange design was still pending in Oct 2026.[10]

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

Sources and dates

  1. CoinGecko market data, 31 Oct 2026
  2. Blockscout (BNT owner contract code and roles), 1 Nov 2026
  3. Ethereum chain data (BNT transfers enabled), 1 Nov 2026
  4. GoPlus token security (Ethereum), 1 Nov 2026
  5. Bancor docs (Vortex burner)
  6. CoinMarketCap coin page, 31 Oct 2026
  7. DefiLlama (Bancor)
  8. DefiLlama fees and holder revenue, 31 Oct 2026
  9. DefiLlama hacks, 31 Oct 2026
  10. CoinMarketCap AI updates (Bancor), Oct 2026
  11. Carbon DeFi docs (CarbonVortex)
  12. Bank of Canada USD/CAD rate, 31 Oct 2025
  13. CoinIvy history data: CoinMarketCap weekly rankings 2013-2026, dead coins included

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$.