What Basic Attention Token is
Basic Attention Token (BAT) is a Layer-1 smart-contract platform, currently ranked 156th by market capitalization among the assets we track. Basic Attention Token is a Layer-1 smart-contract platform secured by proof-of-stake: validators lock BAT as collateral, and the protocol slashes anyone who misbehaves. The token is simultaneously gas, collateral, and a claim on staking yield.
Basic Attention Token (BAT) is a cryptocurrency designed to enhance digital advertising by providing a blockchain-based platform for users to earn tokens for their attention while browsing the web. It aims to improve the efficiency of ad spending and enhance user privacy.
How consensus and the token economy connect
Because security is bought with bonded BAT rather than hardware, the share of supply staked is a useful gauge of conviction — and of how much float is effectively locked.
BAT is not mined; it is issued as a token rather than secured by its own mining or staking layer.
Background & fundamentals
Basic Attention Token operates under a centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation. A documented core team of 19 contributors is listed publicly, a depth of disclosed staffing many long-tail tokens lack. Its codebase is open-source, meaning the implementation can be audited rather than taken on trust.
The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in BAT. CoinPaprika classifies the project's development status as "Beta version". In sector terms it is most often filed under Platform, Smart Contracts, and Ethereum (ETH) Token (ERC-20).
Where Basic Attention Token sits in the market
With BAT near $0.0795, Basic Attention Token carries a market capitalization of $118.90M. Around $13.14M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 11.05% of the float — elevated, often a sign of narrative-driven trading.
Almost the entire BAT supply is already in circulation (~100.0% of the 1.5B cap), so future dilution is effectively off the table. BAT remains -96% beneath its all-time high of $1.91, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
Recent moves read 24-hour -3.42%, 7-day -10.73%, 30-day +4.95%, 1-year -16.51%. BAT is currently trading near the bottom of its 365-day range (around the 8th percentile of recent closes).
Volatility profile
Recent action puts Basic Attention Token in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals +4.95%, a useful input for stop placement and position sizing.
How to evaluate Basic Attention Token
For an asset of this type, three lenses matter most:
- Real usage — active addresses, fees paid, and total value locked — does on-chain demand justify the valuation?
- Staking economics — the share of BAT staked, the yield, and unlock/queue dynamics that govern liquid supply.
- Ecosystem depth — how many applications and how much liquidity have chosen Basic Attention Token over competing Layer-1s.
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.
