What Band Protocol connects
Band Protocol (BAND) is a decentralized oracle network token, currently ranked 353rd by market capitalization among the assets we track. Band Protocol powers a decentralized oracle network — the infrastructure that feeds real-world data (prices, events, randomness) into smart contracts that otherwise can't see beyond their own chain. The BAND token pays and secures the node operators who deliver it.
Band Protocol (BAND) is a cross-chain data oracle platform that enables smart contracts to securely access real-world data, APIs, and various data sources. It aims to bridge the gap between on-chain and off-chain information for decentralized applications.
How the data stays trustworthy
Because so much DeFi collateral depends on oracle prices, the security of Band Protocol is systemic: a manipulated feed can liquidate users unfairly. That is why node decentralization and crypto-economic staking matter so much here.
Background & fundamentals
The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in BAND. In sector terms it is most often filed under Protocol, Ethereum (ETH) Token (ERC-20), and Binance Coin (BNB) Token (BEP-20).
Where Band Protocol sits in the market
With BAND near $0.1666, Band Protocol carries a market capitalization of $27.66M. Around $1.69M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 6.12% of the float — a healthy level of activity for an asset this size.
Band Protocol carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. BAND remains -99% beneath its all-time high of $23.16, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
The tape currently reads 24-hour +1.09%, 7-day -1.91%, 30-day -6.63%, 1-year -72.01%. Within its stored 365-day daily history, BAND mounted a low-to-high run of roughly 120% at its strongest stretch.
Volatility profile
Recent action puts Band Protocol in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets. Over the last 30 days the move totals -6.63%, a useful input for stop placement and position sizing.
How to evaluate an oracle network like Band Protocol
The honest checklist for BAND is short:
- Integration breadth — how many protocols and how much value rely on Band Protocol feeds.
- Data security — node decentralization and the crypto-economic stake protecting each feed.
- Token demand — whether BAND is genuinely required to pay for or secure the network's services.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
