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Lorenzo Protocol price

Lorenzo Protocol PriceBANK

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$0.03533+1.76%1D
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Lorenzo Protocol price chart (BANK/USD)
Last updated as of 2025-04-28 12:59:30(UTC+0)
Market cap:$15,023,052.94
Fully diluted market cap:$15,023,052.94
Volume (24h):$13,179,323.04
24h volume / market cap:87.72%
24h high:$0.03660
24h low:$0.03317
All-time high:$0.05629
All-time low:$0.01840
Circulating supply:425,250,000 BANK
Total supply:
425,250,000BANK
Circulation rate:99.00%
Max supply:
2,100,000,000BANK
Price in BTC:0.{6}3694 BTC
Price in ETH:0.{4}1946 ETH
Price at BTC market cap:
$4,465.54
Price at ETH market cap:
$515.41
Contracts:
0x3AeE...6EbF2bF(BNB Smart Chain (BEP20))
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Note: This information is for reference only.

About Lorenzo Protocol (BANK)

What Is Lorenzo Protocol (BANK)?

Lorenzo Protocol is the first Bitcoin liquidity finance layer. It is designed to meet the growing demand for Bitcoin liquidity across Layer 2 solutions, decentralized finance (DeFi) platforms, and staking ecosystems. As Bitcoin adoption accelerates globally, investors seek new ways to earn yield from their holdings. Lorenzo addresses this demand by creating a platform where Bitcoin holders can stake their unused Bitcoin and access financial products tied to staking rewards.

At the core of Lorenzo Protocol is the concept of making Bitcoin liquidity more efficient and accessible. It enables Bitcoin holders to stake their assets into Proof-of-Stake (PoS) ecosystems like Babylon, earning rewards without giving up ownership of their Bitcoin. Lorenzo achieves this by tokenizing staked Bitcoin into two types of assets: Liquid Principal Tokens (LPTs) and Yield Accruing Tokens (YATs). These tokens can be used within the DeFi ecosystem, giving users flexibility to trade, lend, or hold their tokenized Bitcoin.

Lorenzo Protocol aims to create a structured and transparent environment for Bitcoin financial vehicles. It uses a combination of decentralized and trusted institutional models to overcome Bitcoin's limited programmability, providing a flexible and secure foundation for Bitcoin liquidity finance. Investors can explore staking, liquidity provision, and DeFi participation through a single platform built specifically for Bitcoin assets.

How Lorenzo Protocol Works

Lorenzo Protocol has built a system that lets Bitcoin holders stake their BTC, tokenize it, and use it across different decentralized finance applications:

1. Bitcoin Staking and Tokenization

Bitcoin holders stake their BTC into projects like Babylon through Lorenzo. When BTC is staked, Lorenzo issues stBTC (Liquid Principal Tokens) and YATs (Yield Accruing Tokens) to the user, representing the staked amount and the yield separately.

2. Decentralized Custody and Relayers

Custody of Bitcoin is managed through trusted institutions like Cobo, Ceffu, and Chainup. Relayers validate Bitcoin blockchain transactions and submit block headers to the Lorenzo appchain, ensuring transparency and decentralization in tracking staking activities.

3. stBTC Minting and Settlement

Minting stBTC involves verifying the Bitcoin transaction against specific conditions, including OP_RETURN data and confirmed block headers. Settlement ensures that stBTC holders can reclaim their principal BTC when unstaking, even after trading their stBTC tokens.

4. DeFi Ecosystem for stBTC and YATs

Lorenzo builds a DeFi ecosystem around its staking tokens. Users can trade stBTC and YATs, use them as collateral in lending protocols, and create structured yield products like Bitcoin fixed-income instruments.

5. EnzoBTC: Decentralized Wrapped Bitcoin

Lorenzo also offers enzoBTC, a decentralized version of wrapped Bitcoin. EnzoBTC is designed for greater flexibility across DeFi platforms and allows users to earn yield while maintaining Bitcoin exposure.

6. Phased Launch and Expansion

In Phase One, Lorenzo focuses on basic staking into Babylon and issuing stBTC. In Phase Two, the platform expands to accept Bitcoin-equivalent assets (e.g., wBTC, BTCB) and introduces Yield Accruing Tokens (YATs) to separate principal and yield more efficiently.

What Is BANK Token?

The BANK token is the native utility and governance token of Lorenzo Protocol. It plays a central role in managing staking activities, reward distribution, and participating in Lorenzo’s decentralized governance framework. The total supply of BANK is 425.25 million tokens. Holders of BANK tokens can also benefit from reward multipliers, ecosystem incentives, and governance rights as the Lorenzo platform evolves.

Should You Invest in Lorenzo Protocol?

Lorenzo Protocol offers a new way for Bitcoin holders to participate in decentralized finance and staking opportunities. Like any early-stage blockchain project, it carries both potential rewards and risks. Investors should consider their own goals and risk tolerance carefully before getting involved.

Conclusion

Lorenzo Protocol introduces a new layer of Bitcoin liquidity finance by tokenizing staked Bitcoin and unlocking new possibilities within the DeFi ecosystem. With products like stBTC, YATs, and enzoBTC, the platform offers Bitcoin holders opportunities to earn yield while maintaining liquidity. Lorenzo’s hybrid approach, combining decentralized infrastructure with trusted custodians, aims to address Bitcoin's technical limitations for financial applications. As Bitcoin’s role within decentralized finance continues to expand, platforms like Lorenzo may play a key role in shaping the future landscape of blockchain-based financial services.

AI analysis report on Lorenzo Protocol

Today's crypto market highlightsView report

Live Lorenzo Protocol Price Today in USD

The live Lorenzo Protocol price today is $0.03533 USD, with a current market cap of $15.02M. The Lorenzo Protocol price is up by 1.76% in the last 24 hours, and the 24-hour trading volume is $13.18M. The BANK/USD (Lorenzo Protocol to USD) conversion rate is updated in real time.

Lorenzo Protocol Price History (USD)

The price of Lorenzo Protocol is -10.79% over the last year. The highest price of BANK in USD in the last year was $0.05629 and the lowest price of BANK in USD in the last year was $0.01840.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+1.76%$0.03317$0.03660
7d-22.60%$0.03080$0.05488
30d-14.78%$0.01840$0.05629
90d-10.79%$0.01840$0.05629
1y-10.79%$0.01840$0.05629
All-time+642.92%$0.01840(2025-04-18, 10 days ago )$0.05629(2025-04-18, 10 days ago )
Lorenzo Protocol price historical data (all time).

What is the highest price of Lorenzo Protocol?

The all-time high (ATH) price of Lorenzo Protocol in USD was $0.05629, recorded on 2025-04-18. Compared to the Lorenzo Protocol ATH, the current price of Lorenzo Protocol is down by 37.24%.

What is the lowest price of Lorenzo Protocol?

The all-time low (ATL) price of Lorenzo Protocol in USD was $0.01840, recorded on 2025-04-18. Compared to the Lorenzo Protocol ATL, the current price of Lorenzo Protocol is up by 92.03%.

Lorenzo Protocol Price Prediction

What will the price of BANK be in 2026?

Based on BANK's historical price performance prediction model, the price of BANK is projected to reach $0.03171 in 2026.

What will the price of BANK be in 2031?

In 2031, the BANK price is expected to change by +42.00%. By the end of 2031, the BANK price is projected to reach $0.1233, with a cumulative ROI of +250.41%.

FAQ

What is the current price of Lorenzo Protocol?

The live price of Lorenzo Protocol is $0.04 per (BANK/USD) with a current market cap of $15,023,052.94 USD. Lorenzo Protocol's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Lorenzo Protocol's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Lorenzo Protocol?

Over the last 24 hours, the trading volume of Lorenzo Protocol is $13.18M.

What is the all-time high of Lorenzo Protocol?

The all-time high of Lorenzo Protocol is $0.05629. This all-time high is highest price for Lorenzo Protocol since it was launched.

Can I buy Lorenzo Protocol on Bitget?

Yes, Lorenzo Protocol is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy lorenzo-protocol guide.

Can I get a steady income from investing in Lorenzo Protocol?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Lorenzo Protocol with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Lorenzo Protocol Market

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  • Price
  • 24h volume
  • Action
  • 1
  • BANK/USDT
  • Spot
  • 0.03536
  • $5.97M
  • Trade
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    BANK to USD converter

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    1 BANK = 0.03533 USD
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    Lorenzo Protocol ratings

    Average ratings from the community
    4.6
    101 ratings
    This content is for informational purposes only.

    Bitget Insights

    POOR-PEOPLE
    POOR-PEOPLE
    6h
    $T2T2 $T2T2 Buy $T2T2 2x Rally loading 🚀 $T2T2 pushing fast $T2T2 My target 0.0010000$ $EGP $BTC $MGT going to marsh 🚀🚀🚀📈 $VOXEL $DARK $BANK $PAWS $ALICE $LUCE $JELLYJELLY $CROS $MGT $BTC $ETH $SOL $SUI $TON $ARB $RTF
    BTC+1.73%
    ETH+0.95%
    POOR-PEOPLE
    POOR-PEOPLE
    6h
    $T2T2 $T2T2 Buy $T2T2 2x Rally loading 🚀 $T2T2 pushing fast $T2T2 My target 0.0010000$ $EGP $BTC $MGT going to marsh 🚀🚀🚀📈 $VOXEL $DARK $BANK $PAWS $ALICE $LUCE $JELLYJELLY $CROS $MGT $BTC $ETH $SOL $SUI $TON $ARB $RTF
    BTC+1.73%
    ETH+0.95%
    POOR-PEOPLE
    POOR-PEOPLE
    6h
    $T2T2 Buy $T2T2 2x Rally loading 🚀 $T2T2 pushing fast $T2T2 My target 0.0010000$ $EGP $BTC $MGT going to marsh 🚀🚀🚀📈 $VOXEL $DARK $BANK $PAWS $ALICE $LUCE $JELLYJELLY $CROS $MGT $BTC $ETH $SOL $SUI $TON $ARB $RTF
    BTC+1.73%
    ETH+0.95%
    CryptoPotato
    CryptoPotato
    7h
    Older Americans Hit Hard by Crypto Scams, FBI’s IC3 Reports $2.8 Billion Losses
    In its 2024 annual report, the FBI’s Internet Crime Complaint Center (IC3) revealed a sharp rise in the number and severity of cryptocurrency-related fraud cases. Over the course of the year, the IC3 recorded over 140,000 complaints linked to cryptocurrency, which led to staggering financial losses of $9.3 billion. A significant portion of these losses came from individuals aged 60 and above, who filed roughly 33,000 complaints and suffered a combined total of $2.8 billion in losses. This age group also saw the largest increase in both reported complaints and financial harm. The IC3’s report also noted a dramatic year-over-year increase in losses – 66% higher than in 2023, when total losses amounted to $5.6 billion. Investment scams involving cryptocurrency were the primary source of these losses, but the report also highlighted other schemes such as sextortion, where criminals manipulate personal content to coerce victims into sending money, and fraud involving crypto ATMs. Additionally, ransomware attacks, which had been a recurring issue, showed a 9% rise in 2024, thereby posing a growing threat to critical infrastructure. Overall, fraud and crypto scams were the most significant contributors to the rise in reported cybercrimes, with older individuals particularly vulnerable to these high-stakes digital fraud schemes. On the other hand, pig butchering scams, which were once mainly targeted at older adults, are now increasingly affecting younger individuals, particularly those aged 30 to 49. A recent study by Cyvers examined 150 major crypto platforms, revealing over 200,000 scam incidents and $5.5 billion in losses in 2024. The research focused on Ethereum-based scams and uncovered significant fraud across various platforms, including major exchanges, a crypto-friendly bank, and institutional trading platforms. The scale of impact varied, but the trend is clear: younger people are becoming the prime victims. ‘Operation Level Up’ was thus initiated with the assistance of FBI agents and the US Secret Service to address the growing issue of cryptocurrency investment fraud. Pig butchering involves fraudsters building online relationships with victims and convincing them to invest in a fraudulent cryptocurrency platform. As a result of this operation, a total of 4,323 individuals affected by cryptocurrency investment fraud were informed of the scam. Of these victims, 76% were unaware they had fallen victim to fraud. The estimated financial savings for these victims amounted to $285.6 million. Additionally, 42 victims were referred to an FBI victim specialist for support regarding potential suicidal thoughts.
    UP+5.12%
    PRIME+6.33%
    CryptoPotato
    CryptoPotato
    7h
    4 Things That Could Impact Bitcoin and Crypto Markets in the Week Ahead
    Crypto and stock markets saw some recovery last week as sentiment improved. However, many analysts think that US equities are not out of the woods yet. Escalating global trade tensions have almost dragged stocks into a bear market. Tariff uncertainty, signs of an economic slowdown, and persistent inflation continue to impact consumer and investor sentiment. This week also marks the final full one of economic data before the May Federal Reserve meeting. Consumer confidence data will be released on Tuesday, shedding light on overall sentiment in the United States. This will be followed by jobs data, which also provides insight into labor markets and wider economic conditions. Wednesday will see the March Core Personal Consumption Expenditures (PCE) report, which reflects the average amount of money consumers spend monthly. This information is one of the primary inflation indicators used by central bank policymakers. Also on Wednesday is the release of the Q1 GDP Growth Annualized advance estimate, offering an early insight into changes in GDP from the previous quarter. Economists have projected that growth will remain unchanged from Q4, 2024, at 2.4% annualized. A higher GDP reading could weigh on the expectations for Fed rate cuts, while a lower-than-expected reading or slowing of growth could provide the central bank with data to support rate reductions. Friday will see some unemployment reports released, which present the number of new jobs created during the previous month and the percentage of people actively seeking employment. US stock futures fell late Sunday, ahead of a busy week of quarterly earnings over the coming days. Four of the Magnificent Seven companies, Amazon, Apple, Meta, and Microsoft, will release their quarterly reports this week. Crypto markets were in decline during early trading in Asia on Monday, with total capitalization teetering on the $3 trillion level and in danger of dropping below it for the first time in a week. Bitcoin prices held steady at around $94,000 over the weekend, but dipped below $93,000 briefly on Monday before a slight recovery. The asset remains up 7% over the past week, however. Ethereum has retreated back below $1,800 again and remains at bear market levels. Meanwhile, XRP was bucking the trend with a 3% daily gain to reach $2.24 at the time of writing.
    UP+5.12%
    CORE+4.19%

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