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Market

Market stats

Market cap

$1.8M

Volume (24h)

$100,818.71

Circulating supply

2.3B UNB

All time high

$0.0800

Price change (1h)

-0.53%

Price change (24h)

+0.42%

Price change (7d)

+18.79%

About Unbound

What Is Unbound Finance (UNB)?

Unbound Finance is a decentralized liquidity protocol that seeks to focus on mobilizing funds locked in the decentralized finance (DeFi) space. The blockchain-based protocol seeks to add an additional treasury layer on top of automated market makers (AMM) protocol on decentralized crypto exchanges (DEX) that issues a decentralized receipt for user funds in the liquidity pool. An AMM is a protocol that automates the pricing of digital assets on DEXs using mathematical formulas. Likewise, Unbound Finance aims to create compatible products for the DeFi ecosystem. 

According to the whitepaper, Unbound Finance aims to create synthetic assets, oracle price feeds, and financial instruments for compounding margin trades and yield farming. A yield or liquidity farm is a pool where crypto holders can stake their tokens in return for rewards. Unbound Finance seeks to allow users to stake liquidity pool tokens to create synthetic assets that enhance the network's liquidity. Likewise, the platform aims to build a debt-free ecosystem, where users may have a lower risk in providing liquidity.

UNB is the native cryptocurrency and the governance token of Unbound Finance. Users need UNB tokens to partake in the decisions regarding issues of the network. Likewise, the UNB token seeks to enable proportional voting on essential policies and proposals. UNB tokens are built on two architectures – ERC-20 for the Ethereum network and BEP-20 for the BSC network. Unbound Finance also issues UND for the staked liquidity pool tokens, a stablecoin pegged to the US Dollar that users can redeem once the platform unlocks the staked digital assets.

History of Unbound Finance (UNB)

Unbound Finance was founded in March 2020 by Tarun Jaswani, the CEO of the platform. Jaswani has experience of over 21 years of building digital ad networks, virtual reality (VR), and blockchain. The Unbound Finance core team includes Jaswani and CMO Pratik Oswal, who is among the top 4% of individuals with the highest IQ in the world. Oswal is a mathematician and engineering specialist and has advised several blockchain projects. UNB has a maximum total supply of 10 billion tokens, 25% of which is reserved for the development team. 

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Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Unbound is on the rise this week.

The price of Unbound has risen by 18.79% in the past 7 days. The price increased by 0.42% in the last 24 hours. In just the past hour, the price shrunk by 0.53%. The current price is $0.000770 per UNB. Unbound is 99.04% below the all time high of $0.0800.

The current circulating supply is 2,322,290,727.623 UNB.

FAQ

What is the current price of Unbound?

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

What is the market cap of Unbound?

The current market cap of Unbound is $1.79M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Unbound?

The all-time high of Unbound is $0.0800. This all-time high is highest price paid for Unbound since it was launched.

What is the 24 hour trading volume of Unbound?

Over the last 24 hours, the trading volume of Unbound is $100.82K.

What other assets are similar to Unbound?

Assets that have a similar market cap to Unbound include Kommunitas, AXIS Token, ZooKeeper, and many others. To see a full list, see our comparable market cap assets.

How many Unbound are there?

The current circulating supply of Unbound is 2.3 billion.

Can I buy Unbound on Coinbase?

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

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