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Price change (1h)

+100%

Price change (24h)

+100%

Price change (7d)

+100%

About bZx Protocol

bZx Protocol (BZRX) is an Ethereum-based flexible, decentralized finance (DeFi) platform that permits users to create applications to entrust lenders, borrowers, and traders. This platform is a community-run project that is governed by the community vote for all significant changes to the protocol. The bZx is a protocol used for tokenized margin trading and lending. It is a financial primitive for shorting, leverage, borrowing, and lending that grant decentralized and efficient blockchain.

In addition, the network aims to cover the challenges faced by centralized finance (CeFi), such as hacks, emerging regulations, and mishandling of funds by people in trustable positions. Thus, the network seeks to focus on the following criteria to improve decentralized margin trading:

Further, the two main products built on the bZx protocol are the fulcrum and torque. Fulcrum is a DeFi margin lending and trading platform, and torque is an indefinite-term loan with fixed yield rates.

As per the website, the bZx Protocol has BZRX as the native utility token. The primary utility of the BZRX token is the governance of the bZx Protocol ecosystem. Together, token holders have the power to upgrade the protocol. The token holders can aim to create incentives to reward participation and drive usage of the protocol.

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bZx Protocol is on the rise this week.

The price of bZx Protocol has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. bZx Protocol’s price has also risen by 100.00% in the past week.

FAQ

What is the current price of bZx Protocol?

We update our bZx Protocol to USD currency in real-time. Get the live price of bZx Protocol on Coinbase.

What other assets are similar to bZx Protocol?

Assets that have a similar market cap to bZx Protocol include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

Can I buy bZx Protocol on Coinbase?

Yes, bZx Protocol is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy bZx Protocol guide.

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