• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

2025-07-04

What Is Liquid Staking? How It Works & Why It Matters in Crypto

2025-07-04

How To Get Rekt Buying Bitcoin Treasury Companies

2025-07-03

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

    2025-07-04

    What Is Liquid Staking? How It Works & Why It Matters in Crypto

    2025-07-04

    What are Rollups in Crypto? ZK Rollups and Optimistic Rollups Explained

    2025-07-02

    A Full Comparison of Layer 2 Solutions

    2025-07-02

    What are Optimistic Rollups? How They Work and Why They Matter

    2025-07-01
  • Videos

    How To Get Rekt Buying Bitcoin Treasury Companies

    2025-07-03

    No More Bitcoin Left For YOU!!!

    2025-07-03

    🔥 Bitcoin Bereikt Nieuwe Hoogtepunten en wordt geoptimaliseert met deze Layer 2 Presale!!!

    2025-07-02

    Bitcoin To $1M? Here’s WHY!

    2025-07-02

    🚀 BTC BOOMING: BlackRock $4B 🏦 | Dollar Crash w OTC 📉 | ETFs EXPLODE 💥

    2025-07-02
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»DeFi»Bancor (BNT) down 7% but still 56% up over the year as Carbon DeFi gains traction
DeFi

Bancor (BNT) down 7% but still 56% up over the year as Carbon DeFi gains traction

2024-07-25No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Bancor (BNT) has recently faced a notable decline in its price, slipping by 7% in the past 24 hours to a current value of $0.5829.

Despite this short-term downturn, the token remains resilient, demonstrating a remarkable 56.6% increase over the past year.

This impressive long-term growth is underpinned by a series of significant developments within the Bancor ecosystem after Bancor v3 was launched, particularly the Concentrated Liquidity 2.0, which went live on May 23, 2024, and the decentralized exchange (DEX), Carbon DeFi, which launched on Sei Network v2 on June 17, 2024.

Concentrated Liquidity 2.0 attracting liquidity providers to Bancor

The Bancor unveiled Concentrated Liquidity 2.0 is an upgrade designed to enhance the efficiency and flexibility of liquidity provision across multiple blockchains, including Ethereum, Base, Fantom, 0xMantle, and Sei Network v2.

Concentrated Liquidity 2.0 is LIVE on @ethereum, @base, @FantomFDN, @0xMantle and soon @SeiNetwork v2!!

Less hassle.
Less fees.
More control.
More flexibility.

Let’s dig in 🧵 pic.twitter.com/bJT4Yn3Zmv

— Bancor (@Bancor) May 23, 2024

Concentrated Liquidity 2.0 promises a significant reduction in hassle and fees while providing users with greater control and flexibility.

By optimizing the liquidity provision process, it aims to attract more liquidity providers and traders, thus supporting the overall stability and growth of the Bancor ecosystem.

The upgrade allows liquidity providers to concentrate their liquidity in specific price ranges, thereby increasing the efficiency of capital usage.

The improved system reduces fees associated with trading and liquidity provision, which is expected to enhance user experience and drive more engagement with the platform.

See also  $598M in Ethereum Still Waiting on Updated Withdrawal Credentials: Nansen

Bancor’s next-generation DEX Carbon DeFi

Following the launch of Concentrated Liquidity 2.0, Bancor’s focus shifted to another major milestone: the introduction of Carbon DeFi.

Officially launched on Sei Network v2 on June 17, 2024, Carbon DeFi represents Bancor’s next-generation decentralized exchange (DEX), offering a suite of advanced features that set it apart from traditional DEXs.

Carbon DeFi by Bancor- simple, powerful trading LIVE on Sei v2!

A short 🧵 on the cornerstone orderbook-like DEX on @SeiNetwork pic.twitter.com/WgHYzbq4Nv

— Bancor (@Bancor) June 17, 2024

Carbon DeFi introduces an orderbook-like trading experience with the added advantage of on-chain automation and flexibility.

The DEX incorporates several cutting-edge features, including linked liquidity, custom fee tiers, and adjustable orders. This allows users to execute limit and range orders with precision and automation, enhancing their trading strategies.

Additionally, Carbon DeFi is designed to be resistant to MEV sandwich attacks, ensuring fair and transparent trading conditions.

The integration of a built-in execution bot and the provision of zero trading and gas fees for makers further solidify Carbon DeFi’s appeal.

With its advanced analytics and high-security measures, Carbon DeFi is positioned to attract a wide range of users, from casual traders to sophisticated liquidity providers.

The successful launch on Sei Network v2 and subsequent integrations with wallets like Seif Wallet, Coin98 Super Wallet, and OKXWallet highlight its growing influence in the DeFi space.

While Bancor (BNT) token may be experiencing a temporary price dip, the recent innovations in its ecosystem, particularly Concentrated Liquidity 2.0 and Carbon DeFi, signal a strong future outlook.

The post Bancor (BNT) down 7% but still 56% up over the year as Carbon DeFi gains traction appeared first on Invezz

See also  DeFi Ecosystem Healthy After Shapella Upgrade

Bancor BNT Carbon DeFi Gains traction Year
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

4 Year Bitcoin Cycle OVER?! The Truth About The 2025 Bull Run!

2025-07-02

Top 5 DeFi Crypto That Could RALLY in 2025: Insider Picks

2025-06-22

Bitcoin’s Next BIG Move, BOJ Meeting, Top Defi Cryptos & More

2025-06-16

What Are Liquidity Pools? A Guide to DeFi Explained Simply

2025-06-05
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Blockchain

Collaborative Endeavor Between DeSpread and Astar Network Paves the Way for Worldwide Web3 Expansion

2024-01-26

In a groundbreaking development in the digital sphere, DeSpread, the renowned Korean Web3 growth agency,…

Regulation

Sen. Elizabeth Warren and colleagues demand to see Binance’s balance sheets

2023-03-03

Three United States senators led by Elizabeth Warren have sent a letter to Binance CEO…

DeFi

Ethereum DeFi Heavyweights Compound, Maker Soar Overnight

2023-07-03

Several popular DeFi protocols have enjoyed a steep, overnight rally. The token powering the lending…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

2025-07-04

What Is Liquid Staking? How It Works & Why It Matters in Crypto

2025-07-04

How To Get Rekt Buying Bitcoin Treasury Companies

2025-07-03

No More Bitcoin Left For YOU!!!

2025-07-03
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 108,022.94
ethereum
Ethereum (ETH) $ 2,512.50
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.22
bnb
BNB (BNB) $ 654.07
solana
Solana (SOL) $ 147.37
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.283726
dogecoin
Dogecoin (DOGE) $ 0.163589
staked-ether
Lido Staked Ether (STETH) $ 2,511.51
bitcoin
Bitcoin (BTC) $ 108,022.94
ethereum
Ethereum (ETH) $ 2,512.50
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.22
bnb
BNB (BNB) $ 654.07
solana
Solana (SOL) $ 147.37
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.283726
dogecoin
Dogecoin (DOGE) $ 0.163589
staked-ether
Lido Staked Ether (STETH) $ 2,511.51