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deBridge Price

(DBR)

$0.017096
0.00%(5m)

1m5m15m1h8h1d1W
deBridge (DBR) Live Price Chart

    deBridge Live Price Data

    The live price of deBridge is 0.017096, with a total trading volume of 93204 in the last 24 hours. The price of deBridge changed by +0.39% in the past day, and its value has increased by +4.62% over the last week. With a circulating supply of 1.92B DBR, the market cap of deBridge is currently 32785388.37961407635399113000 , marking a +0.39% increase today. deBridge currently ranks #540 in market cap.

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    Note: This data is for reference only.
    pk

    DBR(DBR) Profile

    altRank540
    rate--
    Expand
    $0.016916
    $0.01713

    ATH
    $0.05499267
    Price Change (1h)
    -0.14%
    Price Change (24h)
    +0.39%
    Price Change (7d)
    +4.62%
    Market Cap
    24h Volume
    Circulating Supply
    1.92B
    Max Supply
    10B

    About deBridge

    • What Is deBridge (DBR) Crypto?

      deBridge (DBR) is a cross-chain protocol that allows secure transfers of assets, NFTs, and data across different blockchains like Ethereum, BNB Smart Chain, Solana, and others. It helps decentralized finance (DeFi) users and developers move liquidity and assets seamlessly between blockchains.

       

      The DBR token is its governance token, which lets holders vote on protocol decisions, such as electing validators and managing the treasury. DBR is also used for staking and securing the network by incentivizing validators through slashing mechanisms. 

       

      deBridge is designed to improve cross-chain interoperability, making it easier to build decentralized apps (dApps) that can operate across multiple chains.

    • How Does deBridge Work?

      deBridge (DBR) works as a cross-chain protocol that allows the transfer of assets, data, and messages between different blockchains like Ethereum, Solana, and BNB Chain. It uses a decentralized network of validators to verify transactions across chains. When you send assets through deBridge, the protocol locks them on the original chain and mints equivalent assets (called deAssets) on the target chain. Once the transaction is confirmed, the assets are unlocked or burned, depending on the direction of the transfer.

       

      This setup ensures that your assets move securely between chains, while validators ensure the transaction’s integrity by signing off on its validity. The deBridge protocol also supports cross-chain smart contracts, making it easier for decentralized applications to function across multiple blockchains.

       

      Additionally, DBR is the governance token that allows you to vote on key protocol decisions, such as validator selection and new chain integrations. You can also stake DBR to contribute to the network's security.

    • History of deBridge and DBR Coin

      deBridge (DBR) was co-founded by Alex Smirnov, with its mainnet officially launched in 2022. The protocol was created to solve the challenges of cross-chain interoperability, enabling the secure and decentralized transfer of assets, data, and messages between different blockchains like Ethereum, Solana, and BNB Chain.

       

      The project gained momentum after winning the Chainlink Spring 2021 Hackathon, and later raised $5.5 million in a seed round led by ParaFi Capital, with participation from major investors like Animoca Brands and Huobi Ventures. 

       

      The governance token, DBR, was introduced to transition the protocol into a decentralized autonomous organization (DAO). The token empowers users to participate in governance decisions, such as electing validators and managing protocol upgrades. 

       

      The deBridge roadmap includes further development of cross-chain swaps, NFT bridging, and enhanced staking features, aiming to become a standard for interoperability in the multi-chain DeFi ecosystem.

    • What Is DBR Token Used for?

      The deBridge (DBR) token is primarily used for governance and staking within the deBridge ecosystem. As a DBR holder, you can vote on important decisions such as protocol upgrades, validator elections, and the integration of new blockchains. This ensures decentralized governance through a DAO.

       

      Additionally, you can stake DBR tokens to secure the network. Validators rely on staked DBR for collateral, helping to ensure the protocol's security and smooth operation. The staking system also includes a slashing mechanism, which penalizes validators for failing to meet performance standards.

       

      In the future, the DBR token will expand its utility with more staking features and governance roles, further decentralizing the platform's operations.

    • What Is deBridge Tokenomics?

      The deBridge (DBR) tokenomics outlines the allocation and vesting schedules for its total supply of 10 billion tokens. Here's how it is distributed:

       

      > Community & Launch (20%): 2 billion DBR are allocated to community rewards through airdrops, points campaigns, and other activities. 10% of this is unlocked at the Token Generation Event (TGE), while the remainder is vested quarterly over three years.

       

      > Ecosystem (26%): 2.6 billion DBR are reserved for ecosystem development, supporting initiatives like developer growth and community engagement. 3% is unlocked at TGE, with the rest vested quarterly over three years.

       

      > Core Contributors (20%): 2 billion DBR are allocated to core team members, with no tokens unlocked at TGE. 4% unlocks after six months, with the remainder vested over three years.

       

      > deBridge Foundation (15%): 1.5 billion DBR support the foundation’s initiatives, with 5% unlocked at TGE and the remainder vested similarly over three years.

       

      > Strategic Partners (17%): 1.7 billion DBR are reserved for partners who supported the protocol’s early stages, with vesting starting six months after TGE.

       

      > Validators (2%): 200 million DBR are allocated to validators for securing the network, also vested quarterly over three years.

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