What is the current price of Bifrost?
The current price of Bifrost is $0.009974 with a 0.49% change in the last 24 hours.
Hyperliquid perpetuals only. One snapshot every 5 minutes, up to 20 returned price levels per side. Liquidity beyond those levels is unknown. This is not a liquidation heatmap or a fill estimate.
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Prices and notionals are USD-equivalent venue units, with USDC collateral. No currency conversion is applied. Notional = venue price × base-asset size. Contract specifications
Derivatives and mapped ecosystem data, with source timings and coverage.
Bifrost is a liquid staking protocol built as its own app chain on Polkadot and Kusama. Users stake assets such as DOT, KSM, ETH or GLMR through Bifrost and receive vTokens (vDOT, vKSM, vETH and others) that keep earning staking rewards while remaining usable across DeFi. BNC, the Bifrost Native Coin, pays network fees, carries governance power and captures protocol revenue through buybacks. Bifrost matters because it is the main liquid staking layer for the Polkadot ecosystem and one of the few that mints staking derivatives for many chains from a single place.
The Bifrost docs describe it as a "staking yield layer" that provides standardized, multi-chain liquid staking. It acts as a derivative issuer: while original assets are bonded in staking, Bifrost issues matching vTokens that can circulate in DEXs, lending markets and across chains.
The protocol targets three problems in proof-of-stake systems: the trade-off between staking rewards and DeFi yield, the balance between staked tokens and chain security, and access to staking rewards in cross-chain settings.
Bifrost's documentation states the project has operated since its inception in 2019. It runs two parachains, Bifrost-Kusama and Bifrost-Polkadot, secured through slot auctions supported by crowdloans (3,000,000 BNC was allocated for the Kusama crowdloan and 11,000,000 BNC for Polkadot). The docs do not name individual founders. Public RPC endpoints listed in the docs are hosted on liebi.com domains, which suggests a link to the Liebi development team, but this is an inference from the infrastructure rather than a documented statement.
Minting vTokens A user deposits a token, Bifrost stakes it through its SLP (Staking Liquidity Protocol) modules and issues a vToken. Staking rewards accrue by raising the vToken to token exchange rate.
Validator selection Bifrost chooses validators based on downtime history, commission, self-stake ratio and slash history.
Redemption SLP matches new staking with redemption requests in a queue, which can shorten the unbonding wait in practice.
Cross-chain minting (SLPx) SLPx lets users mint and redeem vTokens from other chains in one transaction. Supported chains listed in the docs include Polkadot, Kusama, Moonbeam, Astar, Manta, Ethereum, Base, Arbitrum, Optimism and BSC. Transfers use XCM within Polkadot and Snowbridge or Hyperbridge for Ethereum and its Layer 2s.
vTokens vDOT, vKSM, vETH, vBNC, vASTR, vMANTA, vGLMR, vFIL and others.
LST Stable Swap A dedicated pool for swapping between vTokens and their underlying assets.
LoopStake Leveraged staking using vTokens as collateral.
OpenGov On-chain governance with tracks, a Bifrost Fellowship and whitelisted-caller proposals.
Explorer Bifrost activity can be inspected on Subscan.
BNC is the governance and utility coin of Bifrost. Per the docs, it is used for:
Under Tokenomics 2.0, 100% of protocol revenue funds BNC buybacks: 90% goes to bbBNC holders and 10% is burned.
Fixed supply details from the BNC tokenomics page:
BNC also exists as bridged tokens on Arbitrum, Optimism, Base and BNB Chain at 0xf877500c6ff3cf8305245bcb3cf1c5a6b7287aef.
Most liquid staking protocols are contracts deployed on one chain, such as Lido's stETH on Ethereum. Bifrost is an app chain, so all vTokens are minted in one place and move natively across Polkadot through XCM. The docs claim this gives unified liquidity, keeps governance rights of underlying assets, allows LSTs to be used as gas and supports native leverage staking.
The Bifrost parachains inherit security from the Polkadot and Kusama relay chains, with 8+ collator nodes on Bifrost-Polkadot per the docs. Staking runs through on-chain runtime logic without team custody, and the code is open source on GitHub. The docs list audits by Beosin, SlowMist, TokenInsight, Common Prefix and BlockDeep, and the website also mentions CertiK and OAK Security and a $500,000 bug bounty. For slashing events, 20% of vToken commission fees go to an insurance treasury, backed by the 4,000,000 BNC reserve, before any loss is socialized across vToken holders.
Liquid staking is one of DeFi's largest categories, and Bifrost is the main provider of it for Polkadot. Its app chain approach, one place minting staking derivatives for many chains, is a distinct alternative to single-chain contract designs.
BNC trades on centralized exchanges, on the Bifrost app's own swap pools, and on DEXs across Polkadot and EVM chains where bridged BNC exists. Confirm which network your exchange uses before withdrawing.
Specific exchange listings were not verified from official Bifrost pages. Check the exchange for BNC support and whether deposits use the Bifrost chain or a bridged EVM version.
Track Bifrost live price, chart, market cap, and volume in real time. Practice mock trading and demo trading for Bifrost on CoinRithm before using real money.
Use a crypto paper trading account to demo trade Bifrost with real-time prices, AI trade feedback, and trading leagues. Test strategies, learn risk management, and build confidence before trading Bifrost with real money.
Read the complete paper trading guideThe current price of Bifrost is $0.009974 with a 0.49% change in the last 24 hours.
The daily trading volume is $56,152.81 representing a 4.86% change in the past 24 hours.
The market capitalization of Bifrost is $373,876, ranking #926 globally.
The fully diluted valuation (FDV) of Bifrost is $797,934, calculated assuming the maximum supply of 80,000,000 BNC is in circulation.
Circulating: 37,484,376. Total: 80,000,000. Max: 80,000,000.
In the last 24 hours, Bifrost traded between a low of $0.009368 and a high of $0.01023.
BNC/USDTTether USDT0.009974 USDT
Upbit opened Bifrost trading against the South Korean won and USDT on Sept. 10, giving BFC two additional markets on South Korea’s largest cryptocurrency exchange by trading volume. Upbit scheduled BFC/KRW and BFC/USDT trading to begin at 13:45 Korea Standard…
Bifrost Network joins Japan's Blockchain Collaborative Consortium, further supporting its club in the Bitcoin finance and cross-chain innovation field in Asia.
