Rank 111
Kyber Network (KNC)
≈0.00003644 BTC (-0.8%)
Market CapVol. 24HLow/High 24HCirculating SupplyTotal SupplyMax Supply
≈$17,681,124$6,955,447$0.1303/$0.1335134,132,697 KNC215,625,349 KNC226,000,000 KNC
 Kyber Network Charts
 Kyber Network (KNC) Markets
# Name Pair Price Volume(24H) Volume(%) Updated
1 OKEXOKEX KNC /BTC $0.1306$13,991 0.20%1 Mins Ago
2 ZB-comZB-com KNC /QC $0.1314$1,411 0.02%1 Hours Ago
3 AEXAEX KNC /USDT$0.132$4,800,705 68.75%3 Mins Ago
4 CoinwCoinw KNC /CNYT$0.1326$815,715 11.70%Recently
5 RfinexRfinex KNC /ETH$0.1321$347,819 4.98%2 Days Ago
6 DragonExDragonEx KNC /ETH$0.1303$282,887 4.05%Recently
7 UpbitUpbit KNC /KRW$0.1297$197,732 2.83%25 Mins Ago
8 BinanceBinance KNC /BTC$0.1307$193,117 2.76%27 Mins Ago
9 BithumbBithumb KNC /KRW$0.1288$148,494 2.13%46 Mins Ago
10 BinanceBinance KNC /ETH$0.1314$64,959 0.93%1 Hours Ago
11 DragonExDragonEx KNC /USDT$0.1319$20,997 0.30%1 Mins Ago
12 CEX.COMCEX.COM KNC /BTC$0.1332$18,107 0.26%Recently
13 HuobiHuobi KNC /BTC$0.1306$17,757 0.25%Recently
14 OKEXOKEX KNC /USDT$0.1308$12,558 0.18%31 Mins Ago
15 Gate-ioGate-io KNC /USDT$0.1294$12,003 0.17%4 Hours Ago
16 CEX.COMCEX.COM KNC /ETH$0.1328$8,461 0.12%Recently
17 HuobiHuobi KNC /ETH$0.1303$8,303 0.12%Recently
18 MercatoxMercatox KNC /BTC $0.1384$5,469 0.07%1 Mins Ago
19 CoinoneCoinone KNC /KRW$0.1297$5,136 0.07%3 Hours Ago
20 MercatoxMercatox KNC /ETH $0.1431$4,892 0.07%15 Mins Ago
21 Gate-ioGate-io KNC /ETH$0.1312$537 0.01%12 Hours Ago
22 PoloniexPoloniex KNC /BTC$0.1313$430 0.01%1 Hours Ago
23 KucoinKucoin KNC /BTC $0.1292$200 0.00%25 Mins Ago
24 KucoinKucoin KNC /ETH $0.1338$161 0.00%4 Hours Ago
25 PoloniexPoloniex KNC /USDT$0.13$141 0.00%4 Hours Ago
26 BitfinexBitfinex KNC /ETH$0.1275$141 0.00%7 Mins Ago
27 LivecoinLivecoin KNC /BTC $0.1357$107 0.00%12 Mins Ago
28 EthfinexEthfinex KNC /USD $0.1284$92 0.00%2 Days Ago
29 BitfinexBitfinex KNC /USD$0.1076$77 0.00%3 Mins Ago
30 BitfinexBitfinex KNC /BTC$0.1321$17 0.00%Recently
31 EthfinexEthfinex KNC /BTC $0.129$17 0.00%22 Hours Ago
32 IDEXIDEX KNC /ETH $0.1309$13 0.00%2 Days Ago
33 PoloniexPoloniex KNC /ETH$0.1334$7 0.00%3 Hours Ago
34 ZB-comZB-com KNC /BTC?$? 0.00%2 Days Ago
35 YEXYEX KNC /BTC?$? 0.00%Recently
36 YEXYEX KNC /ETH?$? 0.00%12 Hours Ago
37 ZB-comZB-com KNC /USDT?$? 0.00%2 Days Ago
* Price Excluded
** Volume Excluded - No Trading Fees
*** Price/Volume Excluded - Outlier Detected
 Analysis for Kyber Network (KNC)
KNC Volume by Currency
KNC - USD Volume by Exchange

What is Kyber Network (KNC)?

We introduce KyberNetwork, an on-chain decentralized exchange providing several useful applications, including building a practical exchange and providing payment APIs for merchants and users to instantly convert tokens effortlessly and “trustlessly”. There is no orderbook. Users will know the conversion rate before sending the transaction and receive the corresponding amount. Users don’t pay any extra fees (other than the gas fees for the transaction). KyberNetwork benefits through pricing a reasonable spread in the conversion rate.   Our users can also send their existing token A, by converting to a different type of token B and sending it to another user, who only accepts payment in B all in one transaction. More interestingly, KyberNetwork introduces a new standard contract wallet to allow existing contracts, which only accepts few tokens, to receive payments from any future tokens without any modification to the contract code. This allows contracts or merchants to access to a wider class of users, receives payments and contributions in any tokens that KyberNetwork supports.

KyberNetwork’s design has several novel constructions to support all these applications.

● Instead of maintaining a global order book, we maintain a reserve warehouse which holds an appropriate amount of crypto tokens for purposes of maintaining exchange liquidity. The reserve is directly controlled by the Kyber contract, and the contract has a  conversion rate for each exchange pair of tokens by fetching from all the reserves. The rates are frequently updated by the reserve managers, and Kyber contract will select the best rate for the users. When a request to convert from token A to token B arrives, the Kyber contract checks if the correct amount of token A has been credited to the contract, then sends the corresponding amount of token B to the sender’s specified address. The amount of token A, after the fees, is credited to the reserve that provides the token B.

● We introduce a new standard contract wallet to enable some of our interesting applications. Specifically, our new standard contract wallet allows the Kyber contract to send a user’s newly converted tokens to his/ her destination address on the user’s  behalf. The destination address will receive the converted tokens as if the tokens were sent from the sender, not the Kyber contract.

● Our long-term plan also includes employing future features of the EVM language to build an efficient ZCash-Relay on Ethereum. A ZCash-Relay on Ethereum will allow us to support cross-chain trades between ETH and ZEC. We also leverage future platforms like Polkadot and Cosmos to enable more cross-chain trading and payments.

● The Kyber contract is designed with extensibility-focus which has well-modularized components. Specifically, we allow dynamically adding any new tokens or delisting existing tokens. Thus, we are able to work with any tokens or digital assets in the future.  

Useful Links:

Official Website: https://kyber.network/

White Paper: https://kyber.network/assets/KyberNetworkWhitepaper.pdf

Mobile Site
©     Allcmc.com