What is Kyber Network (KNC)

Learned by 2.5k usersPublished on 2024.03.29Last updated on 2025.07.02

0.26

-0.11%

  • Last Price0.26
  • Turnover (24h)1.02M
  • All-Time High5.70
  • Total Supply240.65M
  • Fully Diluted Market Cap63.91M
  • Ranking686
  • Market Cap45.19M
  • All-Time Low0.24
  • Circulating Supply170.15M

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

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1. Project Introduction
Kyber Network is a decentralized liquidity protocol deployed across Ethereum, Polygon, Binance Smart Chain (BSC), Avalanche, Fantom, and more. Its flagship product, KyberSwap, is a multi-chain DEX aggregator and automated market maker (AMM) that enables users to trade tokens and earn rewards through liquidity provision.
KyberSwap operates across 15 networks, including Ethereum, Polygon, BSC, Avalanche, and Optimism. Governance is handled via KyberDAO, where holders of the native token KNC vote on proposals and protocol upgrades.
Summary: Built on the principles of open-access DeFi, KyberSwap serves as a multi-chain aggregator and liquidity hub for decentralized finance.
2. Team & Investment Info
Team: Founded in 2017 by Loi Luu and Victor Tran.
Victor Tran, Co-founder & CEO, is also a strategic advisor at SIPHER and was previously CTO at Clixy and 24/7 Digital Group.
Loi Luu, Co-founder, is also the founder of Caliber and a technical advisor to UVM Signum Blockchain Fund and Sygnum.
Xuan Manh Le, CTO, formerly served as ChainTEX CEO and iOS developer at AirAsia and Grab.
Funding: Raised $60 million via ICO in September 2017
3. Social Media URLs
X: https://x.com/kybernetwork
Discord: https://discord.com/invite/kyberswap
Telegram: https://t.me/kybernetwork
Instagram: https://www.instagram.com/kyberswap_official/
4. Token Info
Token Symbol: KNC
Token Type: ERC-20
Issuance/Burn Mechanism: There is a burn plan.
Contract Address: https://etherscan.io/token/0xdeFA4e8a7bcBA345F687a2f1456F5Edd9CE97202
Token Distribution:
Community & Participants: 61.06%
Company Reserves: 19.47%
Founders, Advisors & Early Investors: 19.47% (1-year lock-up, 2-year vesting)
5. Related Links
Official Website: https://kyberswap.com/swap/ethereum
Docs: https://docs.kyberswap.com/
LinkedIn: https://www.linkedin.com/company/kybernetwork/
Other Info: https://www.rootdata.com/Projects/detail/Kyber%20Network?k=MTEz

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