deBridge Price
(DBR)
USD($)
deBridge (DBR) Live Price Chart
Overview
About
Analysis
FAQ
deBridge Live Price Data
The live price of deBridge is $0.052566, with a total trading volume of $ 1.27M in the last 24 hours. The price of deBridge changed by +27.42% in the past day, and its USD value has increased by +78.99% over the last week. With a circulating supply of 1.17B DBR, the market cap of deBridge is currently 60.09M USD, marking a --% increase today. deBridge currently ranks #-- in market cap.
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Note: This data is for reference only.
deBridge(DBR) Profile
Rank--
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Website
Documentation
Explorer
Contract
- Solana DBRiDgJA...Uu5
Audited By
- https://github.com/debridge-finance/debridge-security
Code & Community
Investors
- ParaFi Capital
- Huobi Capital
- IOSG Ventures
- Fundamental Labs
- Krypital Group
- SkyVision Capital
- Double Peak
- Lemniscap
- DWEB3
- DeFi Alliance
$0.040922
$0.057398
- ATH
- $0.054959
- Price Change (1h)
- -1.30%
- Price Change (24h)
- +27.42%
- Price Change (7d)
- +78.99%
- Market Cap
- $60.09M
- 24h Volume
- $1.27M
- Circulating Supply
- 1.17B
- Max Supply
- 10B
About DBR
How can I buy deBridge (DBR)?
Buying DBR on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy deBridge (DBR) for more information. What Is deBridge (DBR) Crypto?
deBridge (DBR) is a cross-chain protocol that allows secure transfers of assets, NFTs, and data across different blockchains like Ethereum, BNB Smart Chain, Solana, and others. It helps decentralized finance (DeFi) users and developers move liquidity and assets seamlessly between blockchains.
The DBR token is its governance token, which lets holders vote on protocol decisions, such as electing validators and managing the treasury. DBR is also used for staking and securing the network by incentivizing validators through slashing mechanisms.
deBridge is designed to improve cross-chain interoperability, making it easier to build decentralized apps (dApps) that can operate across multiple chains.
How Does deBridge Work?
deBridge (DBR) works as a cross-chain protocol that allows the transfer of assets, data, and messages between different blockchains like Ethereum, Solana, and BNB Chain. It uses a decentralized network of validators to verify transactions across chains. When you send assets through deBridge, the protocol locks them on the original chain and mints equivalent assets (called deAssets) on the target chain. Once the transaction is confirmed, the assets are unlocked or burned, depending on the direction of the transfer.
This setup ensures that your assets move securely between chains, while validators ensure the transaction’s integrity by signing off on its validity. The deBridge protocol also supports cross-chain smart contracts, making it easier for decentralized applications to function across multiple blockchains.
Additionally, DBR is the governance token that allows you to vote on key protocol decisions, such as validator selection and new chain integrations. You can also stake DBR to contribute to the network's security.
History of deBridge and DBR Coin
deBridge (DBR) was co-founded by Alex Smirnov, with its mainnet officially launched in 2022. The protocol was created to solve the challenges of cross-chain interoperability, enabling the secure and decentralized transfer of assets, data, and messages between different blockchains like Ethereum, Solana, and BNB Chain.
The project gained momentum after winning the Chainlink Spring 2021 Hackathon, and later raised $5.5 million in a seed round led by ParaFi Capital, with participation from major investors like Animoca Brands and Huobi Ventures.
The governance token, DBR, was introduced to transition the protocol into a decentralized autonomous organization (DAO). The token empowers users to participate in governance decisions, such as electing validators and managing protocol upgrades.
The deBridge roadmap includes further development of cross-chain swaps, NFT bridging, and enhanced staking features, aiming to become a standard for interoperability in the multi-chain DeFi ecosystem.
What Is DBR Token Used for?
The deBridge (DBR) token is primarily used for governance and staking within the deBridge ecosystem. As a DBR holder, you can vote on important decisions such as protocol upgrades, validator elections, and the integration of new blockchains. This ensures decentralized governance through a DAO.
Additionally, you can stake DBR tokens to secure the network. Validators rely on staked DBR for collateral, helping to ensure the protocol's security and smooth operation. The staking system also includes a slashing mechanism, which penalizes validators for failing to meet performance standards.
In the future, the DBR token will expand its utility with more staking features and governance roles, further decentralizing the platform's operations.
What Is deBridge Tokenomics?
The deBridge (DBR) tokenomics outlines the allocation and vesting schedules for its total supply of 10 billion tokens. Here's how it is distributed:
> Community & Launch (20%): 2 billion DBR are allocated to community rewards through airdrops, points campaigns, and other activities. 10% of this is unlocked at the Token Generation Event (TGE), while the remainder is vested quarterly over three years.
> Ecosystem (26%): 2.6 billion DBR are reserved for ecosystem development, supporting initiatives like developer growth and community engagement. 3% is unlocked at TGE, with the rest vested quarterly over three years.
> Core Contributors (20%): 2 billion DBR are allocated to core team members, with no tokens unlocked at TGE. 4% unlocks after six months, with the remainder vested over three years.
> deBridge Foundation (15%): 1.5 billion DBR support the foundation’s initiatives, with 5% unlocked at TGE and the remainder vested similarly over three years.
> Strategic Partners (17%): 1.7 billion DBR are reserved for partners who supported the protocol’s early stages, with vesting starting six months after TGE.
> Validators (2%): 200 million DBR are allocated to validators for securing the network, also vested quarterly over three years.
deBridge (DBR) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $0.011544 | 28.14% |
| 7 Days | $0.023248 | 78.79% |
| 30 Days | $0.022963 | 77.08% |
| 3 Months | $0.016404 | 45.13% |
24H Investment Barometer
24H
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
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deBridge Conversion Rate
FAQ
How much is 1 deBridge (DBR) worth?
KuCoin provides real-time USD price updates for deBridge (DBR). deBridge price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time DBR to USD exchange rates. Is deBridge (DBR) a Good Investment?
These factors make DBR a potentially appealing option for investors looking to participate in governance, support a cross-chain ecosystem, and potentially earn staking rewards:
1. Governance Power: By holding and staking DBR, you can participate in the governance of the protocol. This includes voting on key decisions like validator elections, protocol upgrades, and treasury management, which gives you direct influence over the project's direction.
2. Cross-Chain Interoperability: deBridge's protocol facilitates seamless cross-chain transfers of assets and data. This enhances liquidity and usability across multiple blockchains, creating a more integrated DeFi experience.
3. Staking Rewards: DBR token holders can earn rewards by staking their tokens. This process supports the protocol’s security, with validators staking DBR to ensure network performance and reliability.
4. Long-Term Ecosystem Growth: A significant portion of DBR tokens is reserved for ecosystem support (26%), helping to fund community growth, developer initiatives, and long-term sustainability projects, potentially increasing the token's value as the ecosystem expands.
5. Decentralization: The move to a DAO governance structure ensures the project becomes increasingly decentralized, reducing reliance on any single entity for decision-making.
What Is deBridge Price Prediction?
These factors combined can cause significant influence on the DBR price prediction, depending on the timing and market conditions.
1. Market Demand and Trading Volume: As with most cryptocurrencies, demand for DBR and trading volume on exchanges play a big role in DBR to USD price fluctuations. More demand typically drives the deBridge price up, while low demand can cause a decrease.
2. deBridge Ecosystem Growth: The success of the deBridge protocol, its integrations with other blockchains, and the growth of its ecosystem impact DBR's value. As deBridge expands cross-chain functionality and more projects adopt its technology, the token’s utility increases, potentially boosting the DBR crypto price.
3. Staking and Governance: The ability to stake DBR for rewards and participate in governance decisions creates additional demand. Token holders who stake their DBR reduce circulating supply, which can positively affect the DBR token price.
4. Token Supply and Vesting: A significant portion of DBR is subject to vesting schedules. As more tokens are unlocked and enter the market, it can lead to price volatility. Conversely, gradual token releases might help stabilize $DBR price fluctuations.
5. General Crypto Market Trends: Like most digital assets, DBR is also affected by broader market trends and sentiment, particularly the cyclical nature of Bitcoin and other major cryptocurrencies.
What is the all-time high price of deBridge (DBR)?
The all-time high price of deBridge (DBR) is $0.054992. The current price of DBR is down 4.35% from its all-time high.
What is the all-time low price of deBridge (DBR)?
The all-time low price of deBridge (DBR) is $0.017874. The current price of DBR is up 194.26% from its all-time low.
How much deBridge (DBR) is there in circulation?
As of 12 22, 2024, there is currently 1.17B DBR in circulation. DBR has a maximum supply of 10B.
What is the market cap of deBridge (DBR)?
The current market cap of DBR is $60.09M. It is calculated by multiplying the current supply of DBR by its real-time market price of $60.09M.
How do I store deBridge (DBR)?
You can securely store your deBridge in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your DBR include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.