About Bonfida

FIDA is a Solana token that governs Bonfida, a product that aims to build a user interface, API, and data analytics for the Serum decentralized exchange. In addition, Bonfida aims to build solutions for a decentralized name service and a platform for NFT exchange on Solana. FIDA can be used to vote on the future of the protocol.

Happening now

AI generated 16h ago

FIDA faces selling pressure with roughly 2.3x more sellers than buyers over the past 24 hours as trading volume dropped

↘39%

over the same period.

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ARS 27.35

Trading Insights

Buyer Ratio

44%0%

Traders

16

44.83%

Buyers

7

30%

Sellers

9

55%

Searched

15

Market Stats

Market Cap

Not enough data

1.29%

FDV

Not enough data

Circ. Supply

991M FIDA

Max Supply

1B FIDA

Total Supply

991M FIDA

Performance

Popularity

#673

Dominance

0%

Volume (24H)

Not enough data

Volume (7D)

Not enough data

Volume (30D)

Not enough data

All time high

Not enough data

Price Change (1Y)

Additional details

Market details

FIDA vs markets

Not enough data

FIDA vs BTC

Not enough data

FIDA vs ETH

Not enough data

Tags

defi

ftx-bankruptcy-estate

binance-listing

Network & Addresses

Network
Address

Solana

EchesyfXePKdLtoiZSL8pBe8Myagyy8ZRqsACNCFGnvp

Price history

Time
Price
Change
Today
ARS 27.35
Not enough data
1 Day
ARS 27.65
0.00%
1 Week
ARS 26.12
0.00%
1 Month
ARS 32.48
0.00%
1 Year
ARS 136.43
0.00%

Coinbase insights

Happening now

AI generated 16h ago

FIDA faces selling pressure with roughly 2.3x more sellers than buyers over the past 24 hours as trading volume dropped

↘39%

over the same period.


Trading activity slowing

Unique traders declined roughly

↘38%

over the past 24 hours while fewer people are using borrowed money to trade the asset, reflecting reduced market participation.


Low market depth amplifies risk

The market has very low depth at just 0.03% of total value, meaning even small trades can cause larger price swings than typical assets.


Mixed performance versus peers

The asset has roughly 50,273 holders and is trailing DeFi category averages by around

↘1.5

percentage points over the past day, though it outpaced peers by roughly

↗1.3

percentage points over the past week.


Broader market context

Across the broader market over the past 24 hours, roughly 1.5x more traders betting on price drops had to close their positions than those betting on price increases.

Recent trends

The latest FIDA price is ARS 27.35.

The current circulating supply of Bonfida is 990,910,814. This is 99% of its max supply of 1,000,000,000 FIDA and 100% of its total supply of 990,910,814.

Bonfida had 7 buyers, 9 sellers and total 16 trades in the last 24h. Bonfida was searched 15 times in the last 24h.

FAQ

Bonfida is an infrastructure developer on the Solana blockchain, recognized for its contributions to the ecosystem. It seeks to provide services and products that aim to enhance the Solana blockchain for its users. Bonfida's contributions include the creation of the Asset Agnostic Orderbook (AOB), simplifying transactions with the Solana Name Service, and launching a perpetual swap on Solana, Audaces. The Bonfida ecosystem is powered by the FIDA token, which provides a range of features and benefits to its holders.

Bonfida operates by leveraging the unique low-latency and cost-effective features of the Solana blockchain. It has developed the Solana Name Service (SNS), a user-friendly platform that includes domain name services. The SNS uses the Wormhole bridge to facilitate domain name interoperability across various chains, aiming to provide users with a cohesive, global blockchain identity. Bonfida also provides benefits to FIDA token holders, such as reduced fee tiers during domain name trades and registration discounts.

Bonfida has a wide range of potential use cases. Its Solana Name Service (SNS) seeks to redefine web3 naming systems, offering domain registration, management, record handling, and trading services. The SNS also aims to redefine web3 identity, providing record management, profiling capabilities, and the ability to bridge web2 reputations across multiple blockchains. Furthermore, the FIDA token within the Bonfida ecosystem provides a range of benefits, including privileged fee structures, registration discounts, and the potential for holders to influence the direction of the SNS Improvement Protocol.

Bonfida has established itself as a player in the Solana ecosystem through its innovative contributions. It has developed the Asset Agnostic Orderbook (AOB), simplified transactions with the Solana Name Service, and launched a perpetual swap on Solana, Audaces. The FIDA token, integral to the Bonfida ecosystem, was initially distributed in December 2020, with a maximum supply of 1 billion FIDA tokens. Bonfida's ongoing efforts aim to drive community growth and enhance the utility of the Solana blockchain.

We update our Bonfida to ARS currency in real-time. Get the live price of Bonfida on Coinbase.

Assets that have a similar market cap to Bonfida include Yield Guild Games, Marvell Technology Tokenized Stock (Ondo), MAX Exchange Token, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Bonfida is 991 million.

Bonfida ranks 231 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 78% of Coinbase users are buying Bonfida. In other words, 78% of Coinbase customers have increased their net position in Bonfida over the past 24 hours through trading.

Yes, Bonfida is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Bonfida guide.

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