The current real-time price of KNC is $0.2093. In the past 24 hours, KNC has traded between $0.2095 and $0.2252, showing strong market activity. The all-time high of KNC is $5.7, and the all-time low is $0.2095.
From a short-term perspective, the price change of KNC over the past 1 hour is , over the past 24 hours is -2.87%, and over the past 7 days is -2.15%. These figures provide a quick overview of the latest price trends and market dynamics of KNC on LBank.-8.76%
The live price of KNC today is $0.2093, with a current market cap of $35.621M. The 24-hour trading volume is 9M. The price of KNC to USD is updated in real time.
Before deciding whether to buy or sell KNC, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s KNC technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for KNC.
How much will KNC be worth tomorrow, next week, or next month in ? What about your KNC assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! KNC Price Prediction
To learn more about KNC, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xeadb...72b3bd  | 50.044M | 20.23% |
ethereum | 0x80d2...3320d6 | 41.254M | 16.68% |
ethereum | 0xf977...41acec | 31.544M | 12.75% |
ethereum | 0x4fbf...ec45d9 | 8.909M | 3.6% |
ethereum | 0x929a...1a5451 | 8.643M | 3.49% |
Other | 106.972M | 43.24% |
KNC (v2) is the current utility and governance token for the Kyber Network, while KNCL (Legacy) represents the old version. The existence of two tokens stems from a major protocol upgrade in 2021, which introduced enhanced features and a new governance model under the KyberDAO, requiring an updated token standard.
While not strictly mandatory for holding, it is highly recommended to migrate your old KNCL to the current KNC. Old KNCL tokens cannot be used for active participation, such as staking in the KyberDAO or engaging in governance voting, which means you will miss out on potential rewards and influence. Migration is a straightforward 1:1 process, typically available via the project's interface or supported exchanges.
KNC holders can earn rewards by staking their tokens and actively participating in governance through the KyberDAO. Staked KNC grants voting power, allowing users to vote on various proposals. As a direct incentive for their engagement and contribution to the protocol's direction, active voters receive a share of the network's trading fees, which are often distributed in assets like ETH or KNC.
KyberDAO operates in cycles called "Epochs," which typically span two weeks. KNC holders must cast their votes within these defined Epochs to be eligible for rewards. Importantly, KyberDAO does not implement 'slashing'; if you fail to vote during an Epoch, your staked KNC will not be penalized or taken away. You will simply miss out on the potential rewards for that specific period.
Beyond governance, KNC serves multiple key utilities. It is used for liquidity mining initiatives, such as Rainmaker pools, to incentivize liquidity providers. KNC can also function as collateral in various decentralized lending protocols and helps in incentivizing developers within the ecosystem. Yes, KNC is deflationary; a portion of the network fees is consistently used to buy back and burn KNC, which progressively reduces its total supply over time.
The November 2023 security incident specifically affected KyberSwap Elastic liquidity pools. While the KNC token's market price was impacted due to the broader exploit, the KNC token itself was not directly compromised or exploited. The underlying KNC smart contract remained secure. The project team has since focused on recovery and enhancing security measures, and users maintain full custody of their KNC, even when staked.
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