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Lorenzo Protocol price

Lorenzo Protocol PriceBANK

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$0.03423-0.33%1D
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Lorenzo Protocol price chart (BANK/USD)
Last updated as of 2025-04-27 23:08:30(UTC+0)
Market cap:$14,554,891.86
Fully diluted market cap:$14,554,891.86
Volume (24h):$12,050,545.14
24h volume / market cap:82.79%
24h high:$0.03586
24h low:$0.03229
All-time high:$0.05628
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}3640 BTC
Price in ETH:0.{4}1906 ETH
Price at BTC market cap:
$4,390.61
Price at ETH market cap:
$509.84
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

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Live Lorenzo Protocol Price Today in USD

The live Lorenzo Protocol price today is $0.03423 USD, with a current market cap of $14.55M. The Lorenzo Protocol price is down by 0.33% in the last 24 hours, and the 24-hour trading volume is $12.05M. 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 $0.05628 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-0.33%$0.03229$0.03586
7d-22.41%$0.03080$0.05488
30d-14.78%$0.01840$0.05628
90d-10.79%$0.01840$0.05628
1y-10.79%$0.01840$0.05628
All-time+618.66%$0.01840(2025-04-18, 10 days ago )$0.05628(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 $0.05628, recorded on 2025-04-18. Compared to the Lorenzo Protocol ATH, the current price of Lorenzo Protocol is down by 39.19%.

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 86.06%.

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 $0.03070 in 2026.

What will the price of BANK be in 2031?

In 2031, the BANK price is expected to change by +8.00%. By the end of 2031, the BANK price is projected to reach $0.04526, with a cumulative ROI of +30.62%.

FAQ

What is the current price of Lorenzo Protocol?

The live price of Lorenzo Protocol is $0.03 per (BANK/USD) with a current market cap of $14,554,891.86 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 $12.05M.

What is the all-time high of Lorenzo Protocol?

The all-time high of Lorenzo Protocol is $0.05628. 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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  • 24h volume
  • Action
  • 1
  • BANK/USDT
  • Spot
  • 0.03448
  • $6.09M
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    BANK to USD converter

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    1 BANK = 0.03423 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

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    Understanding the Six (6) Types of Cryptocurrency Cryptocurrency is a digital asset with many forms, but experts generally divide it into six (6) main categories based on their purpose and function: Payment Tokens Payment tokens are cryptocurrencies created specifically for use in transactions and payments. While many cryptocurrencies can be used for buying goods and services if accepted by the seller, payment tokens are designed mainly for this purpose. They act like digital forms of traditional commodities such as gold, providing value over time rather than functioning like paper currency. Private Tokens Private tokens focus on ensuring privacy in transactions. Unlike most cryptocurrencies where transaction details (like amounts) can be viewed on the blockchain, private tokens hide this information. Only the sender and receiver know the transaction details. Popular examples include Monero (XMR) and Zcash (ZEC), providing maximum privacy during exchanges. Utility Tokens Utility tokens are designed to provide access to a specific product or service within a blockchain ecosystem. They are not meant to be used as traditional money, but instead offer functionalities like paying for transaction fees, accessing decentralized applications (dApps), or participating in network governance. Stablecoins Stablecoins are cryptocurrencies created to mirror the value of real-world assets like fiat currencies. Examples include USDT, BUSD, and TUSD, which track the value of the US dollar. These coins are engineered to remain stable (1 USDT = $1), similar to how a stabilizer works in electricity by adjusting surges and drops. They help users avoid the high volatility common in the crypto market. Central Bank Digital Currencies (CBDCs) CBDCs are digital versions of a country's national currency, issued and regulated by the central bank. Unlike decentralized cryptocurrencies like Bitcoin, CBDCs are centralized and maintain the stability and backing of a government. Countries like China (with the Digital Yuan) are already implementing CBDCs. Non-Fungible Tokens (NFTs) NFTs represent unique digital assets such as art, music, games, and more. Unlike cryptocurrencies like Bitcoin, NFTs are not interchangeable because each one has distinct value and properties. They have opened new opportunities in digital ownership and creative industries. Conclusion Understanding these six types of cryptocurrency is essential for anyone interested in the digital finance space. Each type plays a unique role and offers different advantages depending on the user's needs and goals. #CryptoEducation #Bitget #CryptoInsight #BlockchainTechnology #Stablecoins #NFTs #CBDC #PrivateTokens
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