Band Protocol
Market Open
9 Jun, 18:14
$
0. 167300
-0.0057
-3.2948%
$
266,676 Volume
$ 0.173
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BANDUSD Overview
BANDUSD denotes the market price of one Band Protocol token (BAND) expressed in US dollars. It reflects the fiat value assigned by buyers and sellers across trading venues and is used to quote transactions, evaluate positions and compare BAND with other assets denominated in USD.
Band Protocol is a blockchain-based oracle network that supplies external data to smart contracts. The BAND token was introduced in 2019 by the Band Protocol team led by Soravis Srinawakoon and functions as a native utility and governance token. The protocol is designed for decentralised data feeds, interoperability across chains, and incentivised validator participation to secure data delivery.
The BANDUSD rate is determined by the interaction of supply and demand on exchanges, influenced by liquidity, order-book depth and market sentiment. Activity within DeFi, changes in oracle usage, listing or delisting events, macroeconomic indicators and regulatory news can all move the price. Short-term volatility may be amplified by leverage, token unlock schedules and concentrated holdings.
BANDUSD matters to traders and investors as a liquid reference for speculating on oracle infrastructure exposure, executing hedges or arbitrage strategies, and assessing on-chain utility. Holding BAND also confers governance rights and can be staked to earn rewards, linking price dynamics to protocol adoption.
Price movements can be pronounced; liquidity varies across venues, so execution costs and spreads should be considered when trading.
Band Protocol is a blockchain-based oracle network that supplies external data to smart contracts. The BAND token was introduced in 2019 by the Band Protocol team led by Soravis Srinawakoon and functions as a native utility and governance token. The protocol is designed for decentralised data feeds, interoperability across chains, and incentivised validator participation to secure data delivery.
The BANDUSD rate is determined by the interaction of supply and demand on exchanges, influenced by liquidity, order-book depth and market sentiment. Activity within DeFi, changes in oracle usage, listing or delisting events, macroeconomic indicators and regulatory news can all move the price. Short-term volatility may be amplified by leverage, token unlock schedules and concentrated holdings.
BANDUSD matters to traders and investors as a liquid reference for speculating on oracle infrastructure exposure, executing hedges or arbitrage strategies, and assessing on-chain utility. Holding BAND also confers governance rights and can be staked to earn rewards, linking price dynamics to protocol adoption.
Price movements can be pronounced; liquidity varies across venues, so execution costs and spreads should be considered when trading.
BANDUSD Chart
BANDUSD FAQ
What is the current Band Protocol price?
The current price is $0.167300, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -0.0057 (-3.2948%), showing how much the asset has moved compared to the previous close.
What is the previous close for Band Protocol?
The previous close was $0.173000, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-3.2948%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($0.164800) and highest ($0.174000) prices traded during the selected period, helping assess volatility.
Why is Band Protocol (BAND) moving today?
Price movements in Band Protocol are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($0.167300) is below the previous close ($0.173000), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Band Protocol?
You can view real-time charts, price updates, and market data for Band Protocol (BAND) directly on this page.
