Bancor
Pioneering AMM protocol with single-sided liquidity and impermanent loss protection
- No KYC or registration
- Non-custodial — your keys, your crypto
- 1000+ supported exchange pairs
- Best available exchange rate
Bancor Price Chart
About Bancor
Bancor (BNT) was the first automated market maker (AMM) protocol, predating Uniswap by two years. It introduced the concept of liquidity pools where token prices are determined algorithmically rather than by order books. Bancor v2 and v3 introduced single-sided liquidity provision and impermanent loss (IL) protection — unique features allowing LPs to deposit a single token and be protected against IL over time. BNT is the hub token used in all Bancor pools, enabling token-to-token swaps without requiring BNT from users.
History
How to Swap BNT
Exchanging Bancor (BNT) on SyntheticSwap is straightforward and requires no registration or identity verification. BNT is an ERC-20 token built on Ethereum, so you can use MetaMask, Coinbase Wallet, Trust Wallet, or any other Ethereum-compatible wallet to send and receive it. Select BNT in the SyntheticSwap interface, choose your destination coin, enter a receiving address, and confirm the rate. Your swap processes automatically — the destination token arrives in your wallet once the Ethereum transaction is confirmed.
How to Store BNT
BNT (ERC-20) is stored in MetaMask, Ledger, or any Ethereum-compatible wallet. Bancor's web app allows staking BNT directly for protocol fees without additional software.
